RingCentral CFO sells 7,046 shares at $72.101
RingCentral’s CFO reported a pre-planned stock sale and a separate tax-related share remittance tied to RSU vesting.
Rhea-AI Filing Summary
RingCentral, Inc. (RNG) reported that Chief Financial Officer Vaibhav Agarwal disposed of Class A Common Stock in two reportable transactions. On September 2, 2026, he sold 7,046 shares at $72.101 per share in an open-market or private transaction effected pursuant to a Rule 10b5-1 trading plan adopted on September 15, 2025.
On September 1, 2026, he remitted 7,302 shares to the issuer at a price of $70.77 per share in an exempt disposition under Rule 16b-3(e) to satisfy tax withholding obligations arising from the vesting of Restricted Stock Units.
Positive
- None.
Negative
- None.
Insights
Analyzing...
Insider Trade Summary 10b5-1
Net Seller: 7,046 shares
Net Sell
2 txns
Insider
Agarwal Vaibhav
Role
Chief Financial Officer
Sold
7,046 shs ($508K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock F2 | 7,046 | $72.101 | $508K |
| Tax Withholding | Class A Common Stock F1 | 7,302 | $70.77 | $517K |
Holdings After Transaction:
Class A Common Stock — 146,700 shares (Direct)
Footnotes (2)
- F1. 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.
- F2. This sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on September 15, 2025.
Key Figures
Shares sold: 7,046 shares
Sale price per share: $72.101 per share
Shares remitted for tax withholding: 7,302 shares
+2 more
5 metrics
Shares sold
7,046 shares
Class A Common Stock sale by CFO on September 2, 2026
Sale price per share
$72.101 per share
Price for 7,046 shares sold on September 2, 2026
Shares remitted for tax withholding
7,302 shares
Disposition to issuer on September 1, 2026 to satisfy tax withholding
Tax-withholding share price
$70.77 per share
Value used for 7,302 shares remitted on September 1, 2026
Rule 10b5-1 plan adoption date
September 15, 2025
Plan under which the 7,046-share sale on September 2, 2026 was effected
Key Terms
Rule 10b5-1 trading plan, Rule 16b-3(e), Restricted Stock Units, tax withholding obligations
4 terms
Rule 10b5-1 trading plan regulatory
"This sale was 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.
Rule 16b-3(e) regulatory
"In an exempt disposition to the issuer under Rule 16b-3(e), the Reporting"
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.
tax withholding obligations financial
"in connection with the satisfaction of tax withholding obligations arising"
FAQ
What insider transactions did RingCentral (RNG) report for its CFO?
RingCentral reported that its CFO, Vaibhav Agarwal, sold 7,046 shares of Class A Common Stock on September 2, 2026, and remitted 7,302 shares on September 1, 2026, to cover tax withholding obligations arising from RSU vesting.
What type of Form 4 transactions were reported for RingCentral (RNG)?
The Form 4 for RingCentral reports one sale transaction (code S) of 7,046 shares and one tax-withholding disposition (code F) of 7,302 shares, both involving Class A Common Stock held directly by CFO Vaibhav Agarwal.
AI-generated analysis. How Rhea-AI works. Not financial advice.