RingCentral (RNG) president uses 9,223 shares to cover RSU tax obligations

Rhea-AI Filing Summary

RingCentral, Inc. President and COO Kira Makagon transferred 9,223 shares of Class A Common Stock to the company at $43.51 per share to cover tax withholding from vesting Restricted Stock Units. After this tax-withholding disposition, she directly holds 229,712 shares.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Makagon Kira

Role President and COO

Type	Security	Shares	Price	Value
Tax Withholding	Class A Common Stock	9,223	$43.51	$401K

Holdings After Transaction: Class A Common Stock — 229,712 shares (Direct, null)

Footnotes (1)

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Key Figures

Shares remitted: 9,223 shares Implied share value: $43.51 per share Post-transaction holdings: 229,712 shares

3 metrics

Shares remitted 9,223 shares Shares delivered to issuer for tax withholding on RSU vesting

Implied share value $43.51 per share Value used for tax-withholding disposition of 9,223 shares

Post-transaction holdings 229,712 shares Kira Makagon’s direct Class A Common Stock holdings after transaction

Key Terms

Restricted Stock Units, Rule 16b-3(e), tax withholding obligations, Class A Common Stock

4 terms

Restricted Stock Units financial

"tax withholding obligations arising out of the vesting of Restricted Stock Units"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

Rule 16b-3(e) regulatory

"In an exempt disposition to the issuer under Rule 16b-3(e)"

tax withholding obligations financial

"in connection with the satisfaction of tax withholding obligations arising out of the vesting"

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 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).

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^*

Makagon Kira

(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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/20/2026

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	05/20/2026		F(1)		9,223	D	$43.51	229,712	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. In an exempt disposition to the issuer under Rule 16b-3(e), the Reporting Person remitted shares to the issuer in connection with the satisfaction of tax withholding obligations arising out of the vesting of Restricted Stock Units.

	/s/ Ashley Ta, Attorney-in-fact	05/22/2026
	** 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 insider transaction did RingCentral (RNG) report for Kira Makagon?

RingCentral reported that President and COO Kira Makagon transferred 9,223 Class A Common shares back to the company. This exempt disposition covered tax withholding obligations arising from the vesting of Restricted Stock Units, rather than being an open-market stock sale.

How many RingCentral shares did Kira Makagon remit for tax withholding, and at what price?

Kira Makagon remitted 9,223 RingCentral Class A Common shares to the issuer at $43.51 per share. The shares were used to satisfy tax withholding obligations triggered by Restricted Stock Unit vesting, according to the Form 4 footnote disclosure.

How many RingCentral (RNG) shares does Kira Makagon hold after this Form 4 transaction?

After the tax-withholding disposition, Kira Makagon directly holds 229,712 shares of RingCentral Class A Common Stock. This post-transaction balance reflects her remaining ownership following the remittance of 9,223 shares to satisfy RSU-related tax obligations.

Was Kira Makagon’s RingCentral transaction an open-market sale of shares?

No. The filing describes an exempt disposition to the issuer under Rule 16b-3(e). Shares were remitted to RingCentral solely to cover tax withholding obligations from Restricted Stock Unit vesting, not sold on the open market to third-party investors.

What is the purpose of the Rule 16b-3(e) transaction reported by RingCentral?

The Rule 16b-3(e) transaction allowed Kira Makagon to use 9,223 previously awarded shares to pay tax withholding on vested RSUs. This mechanism prevents a cash outlay by the insider while ensuring required tax obligations on equity compensation are satisfied.