RingCentral (RNG) CAO sells 8,840 shares in pre-set 10b5-1 trade
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
RingCentral, Inc. Chief Accounting Officer Tarun Arora sold 8,840 shares of Class A Common Stock in an open-market transaction on March 10, 2026, at a weighted average price of $40.685 per share. The sale was executed under a pre-arranged Rule 10b5-1 trading plan adopted on March 14, 2025. After this transaction, Arora directly holds 75,492 shares, indicating he retains a substantial ongoing equity stake in the company.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 8,840 shares ($359,655)
Net Sell
1 txn
Insider
Arora Tarun
Role
Chief Accounting Officer
Sold
8,840 shs ($360K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 8,840 | $40.685 | $360K |
Holdings After Transaction:
Class A Common Stock — 75,492 shares (Direct)
Footnotes (1)
- This sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 14, 2025. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $40.13 to $41.04, 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.
FAQ
What insider transaction did RingCentral (RNG) report for Tarun Arora?
RingCentral reported that Chief Accounting Officer Tarun Arora sold 8,840 shares of Class A Common Stock. The open-market sale occurred on March 10, 2026, under a pre-arranged Rule 10b5-1 trading plan adopted on March 14, 2025.
Was the RingCentral insider sale by Tarun Arora made under a 10b5-1 plan?
Yes. The filing states the sale was carried out under a Rule 10b5-1 trading plan adopted by Tarun Arora on March 14, 2025. Such plans pre-schedule trades, reducing the significance of trade timing as a discretionary decision.