RingCentral (RNG) CAO gets 1,808 RSUs, remits 889 shares for taxes in Form 4
Rhea-AI Filing Summary
RingCentral, Inc. Chief Accounting Officer Tarun Arora reported routine equity compensation activity involving Class A Common Stock. He received a grant of 1,808 fully vested restricted stock units in lieu of a cash bonus for the first quarter of 2026, and 889 shares were remitted back to the company to cover tax withholding obligations arising from RSU vesting. These transactions were recorded at prices of $0.00 per share for the grant and $41.05 per share for the tax-withholding disposition. Following the transactions, Arora directly holds 77,270 shares, which include 923 shares acquired under the Employee Stock Purchase Plan on May 12, 2026.
Positive
- None.
Negative
- None.
Insights
Routine RSU grant and tax withholding with modest net share increase.
The filing shows Chief Accounting Officer Tarun Arora receiving 1,808 fully vested RSUs granted instead of a cash bonus for Q1 2026. This is standard equity-based compensation, not an open-market purchase.
To meet tax obligations on RSU vesting, 889 shares of Class A Common Stock were remitted back to the issuer at $41.05 per share, classified as an exempt disposition under Rule 16b-3(e). This is a non‑market event and does not indicate discretionary selling.
After these transactions, Arora directly holds 77,270 shares, including 923 shares acquired via the Employee Stock Purchase Plan on May 12, 2026. The net effect is a modest increase in his equity position, consistent with ongoing participation in company equity programs.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 1,808 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 889 | $41.05 | $36K |
Footnotes (1)
- Represents restricted stock units ("RSUs") that were fully vested as of the grant date. These RSUs were granted pursuant to the Issuer's Key Employee Equity Bonus Plan, in lieu of a cash bonus earned for the first quarter of 2026. Includes 923 shares acquired under the Issuer's Employee Stock Purchase Plan on May 12, 2026. 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 RSUs.