RingCentral COO sells 5,870 shares under plan
RingCentral President and COO Kira Makagon sold 5,870 shares of Class A Common Stock in open-market trades.
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Rhea-AI Filing Summary
RingCentral President and COO Kira Makagon sold 5,870 shares of Class A Common Stock in open-market trades. On April 27, 2026, she completed two sales totaling 5,870 shares at weighted average prices of $40.67 and $40.14 per share. The filing states these transactions were executed under a pre-arranged Rule 10b5-1 trading plan adopted on March 14, 2025, indicating the sales were scheduled in advance as part of ongoing portfolio management. The Form 4 shows she continues to hold a significant direct ownership stake in RingCentral stock.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 4,470 | $40.14 | $179K |
| Sale | Class A Common Stock | 1,400 | $40.67 | $57K |
Footnotes (2)
- F1. This sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 14, 2025.
- F2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $39.58 to $40.47, 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
Key Terms
Rule 10b5-1 trading plan regulatory
weighted average price financial
Class A Common Stock financial
FAQ
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What did RingCentral (RNG) President and COO Kira Makagon report in this Form 4?
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