Director at RingCentral (NYSE: RNG) executes 10b5-1 stock sale

Rhea-AI Filing Summary

RingCentral, Inc. director Robert I. Theis reported selling a total of 2,529 shares of Class A Common Stock in open-market transactions on April 2, 2026. Most shares were sold at a weighted average price of about $37.85, with an additional block at $38.80 per share.

The filing states these sales were made under a pre-arranged Rule 10b5-1 trading plan adopted on May 22, 2025, indicating they were scheduled in advance. After these transactions, Theis directly holds 33,364 shares of RingCentral Class A Common Stock.

Insider Trade Summary 10b5-1

Net Seller: 2,529 shares ($95,820)

Net Sell 2 txns

Insider THEIS ROBERT I

Role Director

Sold 2,529 shs ($96K)

Type	Security	Shares	Price	Value
Sale	Class A Common Stock	2,429	$37.851	$92K
Sale	Class A Common Stock	100	$38.80	$4K

Holdings After Transaction: Class A Common Stock — 33,464 shares (Direct)

Footnotes (1)

1. These sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 22, 2025. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $37.53 to $38.27, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote (2) to this Form 4.

Key Figures

Shares sold (larger block): 2,429 shares Shares sold (additional): 100 shares Total shares sold: 2,529 shares +3 more

6 metrics

Shares sold (larger block) 2,429 shares Open-market sale at $37.851 on April 2, 2026

Shares sold (additional) 100 shares Open-market sale at $38.80 on April 2, 2026

Total shares sold 2,529 shares Net sell across two transactions, Form 4 summary

Shares held after transactions 33,364 shares Director’s direct holdings after April 2, 2026 sales

Weighted average sale range $37.53–$38.27 Price range for larger sale block, per footnote

Trading plan adoption date May 22, 2025 Rule 10b5-1 plan used for the reported sales

Key Terms

Rule 10b5-1 trading plan, weighted average price, open-market sale, Class A Common Stock, +1 more

5 terms

Rule 10b5-1 trading plan financial

"These sales were effected pursuant to a Rule 10b5-1 trading plan adopted"

A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.

weighted average price financial

"The price reported in Column 4 is a weighted average price."

Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.

open-market sale financial

"transaction_action": "open-market sale""

An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.

Class A Common Stock financial

"security_title": "Class A Common Stock""

Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.

Form 4 regulatory

"range set forth in this footnote (2) to this Form 4."

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

X

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

THEIS ROBERT I

(Last) (First) (Middle)

C/O RINGCENTRAL, INC.

20 DAVIS DRIVE

(Street)

BELMONT CALIFORNIA 94002

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
RingCentral, Inc. [ RNG ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/02/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	04/02/2026		S(1)		2,429	D	$37.851(2)	33,464	D
Class A Common Stock	04/02/2026		S(1)		100	D	$38.8	33,364	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. These sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 22, 2025.

2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $37.53 to $38.27, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote (2) to this Form 4.

	/s/ John Marlow, Attorney-in-Fact	04/03/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What did RingCentral (RNG) director Robert Theis report in this Form 4?

Director Robert I. Theis reported selling 2,529 RingCentral Class A Common shares in open-market transactions. The sales occurred on April 2, 2026 under a pre-arranged Rule 10b5-1 trading plan, and he retained 33,364 shares afterward as direct holdings.

How many RingCentral (RNG) shares did the director sell and at what prices?

Robert I. Theis sold 2,429 shares at a weighted average price of $37.851 and an additional 100 shares at $38.80. These were open-market sales of Class A Common Stock executed on April 2, 2026 under his trading plan.

How many RingCentral (RNG) shares does the director hold after these transactions?

Following the reported sales, Robert I. Theis directly holds 33,364 shares of RingCentral Class A Common Stock. This post-transaction balance reflects his remaining direct ownership after selling a total of 2,529 shares in the open market.

Were the RingCentral (RNG) insider sales made under a Rule 10b5-1 plan?

Yes. The filing states the sales were effected under a Rule 10b5-1 trading plan adopted by Robert I. Theis on May 22, 2025. Such plans allow insiders to schedule trades in advance, reducing the significance of timing decisions.

What type of transactions did the RingCentral (RNG) Form 4 disclose?

The Form 4 discloses two open-market sales of RingCentral Class A Common Stock, both coded as “S” transactions. They are described as sales in open market or private transactions, with prices ranging from $37.53 to $38.27 for the larger trade.