Were Kira Makagon’s RingCentral (RNG) share sales under a Rule 10b5-1 plan?

Yes. The filing states the sales were effected under a Rule 10b5-1 trading plan adopted on March 14, 2025. Such plans pre-schedule trades, helping separate routine diversification or liquidity management from opportunistic market timing concerns.

RingCentral (NYSE: RNG) COO sells 5,870 pre-planned shares at ~$40

Filing Impact

(High)

Filing Sentiment

(Negative)

Form Type

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

Net Seller: 5,870 shares ($236,364)

Net Sell 2 txns

Insider Makagon Kira

Role President and COO

Sold 5,870 shs ($236K)

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

Holdings After Transaction: Class A Common Stock — 238,115 shares (Direct, null)

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 $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

Shares sold at $40.67: 1,400 shares Shares sold at $40.14: 4,470 shares Total shares sold: 5,870 shares +2 more

5 metrics

Shares sold at $40.67 1,400 shares Open-market sale on April 27, 2026

Shares sold at $40.14 4,470 shares Open-market sale on April 27, 2026

Total shares sold 5,870 shares Net shares sold across both transactions

Weighted average price (first block) $40.67/share 1,400-share sale of Class A Common Stock

Weighted average price (second block) $40.14/share 4,470-share sale of Class A Common Stock

Key Terms

Rule 10b5-1 trading plan, weighted average price, Class A Common Stock

3 terms

Rule 10b5-1 trading plan regulatory

"This sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 14, 2025."

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.

weighted average price financial

"The price reported in Column 4 is a weighted average price."

Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.

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 →

04/28/2026 - 04:30 PM

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)
04/27/2026

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Class A Common Stock	04/27/2026		S⁽¹⁾		4,470	D	$40.14⁽²⁾	238,115	D
Class A Common Stock	04/27/2026		S⁽¹⁾		1,400	D	$40.67	236,715	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. This sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 14, 2025.

2. 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.

	/s/ Ashley Ta, Attorney-in-fact	04/28/2026
	** 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)

Source: View Original Filing on SEC EDGAR

FAQ

What did RingCentral (RNG) President and COO Kira Makagon report in this Form 4?

Kira Makagon reported selling 5,870 shares of RingCentral Class A Common Stock in open-market transactions. The trades occurred on April 27, 2026 at weighted average prices around $40 per share, reflecting routine insider portfolio activity disclosed to shareholders.

How many RingCentral (RNG) shares did Kira Makagon sell and at what prices?

She sold a total of 5,870 Class A shares. One block of 1,400 shares was sold at a weighted average price of $40.67, and another 4,470 shares at a weighted average price of $40.14, with individual trades ranging between $39.58 and $40.47.

Does this RingCentral (RNG) Form 4 indicate that Kira Makagon still owns shares?

Yes. After the reported open-market sales, the Form 4 shows Kira Makagon continues to hold a substantial number of RingCentral Class A shares directly. This indicates the transactions represent only a portion of her overall ownership position in the company.

What type of security did Kira Makagon trade in this RingCentral (RNG) filing?

All reported transactions involve RingCentral’s Class A Common Stock. There are no derivative securities, options, or convertible instruments listed in this Form 4, and the derivative holdings section of the filing is shown as empty after the reported trades.

How significant are Kira Makagon’s RingCentral (RNG) sales relative to her position?

The Form 4 indicates she sold 5,870 shares while retaining a substantial direct stake in RingCentral. Because the filing still shows sizeable remaining holdings, these trades appear proportionally small compared with her overall position in the company.