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RNG Form 4: Director Disposes of 2,805 Class A Shares on 10/01/2025

Filing Impact
(Neutral)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Robert I. Theis, a director of RingCentral, Inc. (RNG), reported sales of a total of 2,805 shares of Class A common stock on 10/01/2025. The sales were executed under a Rule 10b5-1 trading plan adopted on May 22, 2025. The Form 4 shows two sale entries: 2,605 shares at a weighted average price of $28.439 (trades ranged $28.10–$29.09) and 200 shares at a weighted average price of $29.105 (trades ranged $29.10–$29.11). Following the transactions, the reporting person’s beneficial ownership is reported as 28,580 shares (direct).

The Form 4 was signed by an attorney-in-fact on behalf of the reporting person on 10/03/2025. All facts above are taken directly from the filed Form 4 and its explanatory footnotes.

Positive

  • Sales executed under a Rule 10b5-1 plan, indicating pre‑planned trades adopted on May 22, 2025
  • Detailed disclosure of weighted average prices and trade ranges provided in footnotes

Negative

  • None.

Insights

Director sold 2,805 RNG shares under a 10b5-1 plan on 10/01/2025.

The sales were executed pursuant to a pre-established Rule 10b5-1 trading plan adopted on May 22, 2025, which is a common mechanism allowing insiders to transact without running afoul of insider trading rules when trades follow a preset schedule.

The Form 4 discloses weighted average prices of $28.439 and $29.105 for the two sale blocks, with explicit price ranges in the footnotes. The reporting person’s direct beneficial ownership after these transactions is reported as 28,580 shares.

Insider THEIS ROBERT I
Role Director
Sold 2,805 shs ($80K)
Type Security Shares Price Value
Sale Class A Common Stock 2,605 $28.439 $74K
Sale Class A Common Stock 200 $29.105 $6K
Holdings After Transaction: Class A Common Stock — 28,780 shares (Direct)
Footnotes (1)
  1. These sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 22, 2025. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $28.10 to $29.09, 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 ranges set forth in footnotes (2) and (3) to this Form 4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $29.10 to $29.11, inclusive.
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).
1. Name and Address of Reporting Person*
THEIS ROBERT I
(Last) (First) (Middle)
C/O RINGCENTRAL, INC.
20 DAVIS DRIVE
(Street)
BELMONT CA 94002
(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
RingCentral, Inc. [ RNG ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
10/01/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
 6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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 10/01/2025 S(1) 2,605 D $28.439(2) 28,780 D
Class A Common Stock 10/01/2025 S(1) 200 D $29.105(3) 28,580 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. These sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 22, 2025.
2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $28.10 to $29.09, 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 ranges set forth in footnotes (2) and (3) to this Form 4.
3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $29.10 to $29.11, inclusive.
/s/ John Marlow, Attorney-in-Fact 10/03/2025
** 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.

Source: View Original Filing on SEC EDGAR

FAQ

What did RingCentral director Robert I. Theis report on Form 4 (RNG)?

Theis reported sales of a total of 2,805 Class A shares on 10/01/2025, executed under a Rule 10b5-1 plan adopted May 22, 2025.

How many shares did the director retain after the reported transactions (RNG)?

The Form 4 reports the reporting person’s direct beneficial ownership following the transactions as 28,580 shares.

At what prices were the RNG shares sold?

Sales were at weighted average prices of $28.439 (range $28.10–$29.09) and $29.105 (range $29.10–$29.11), as disclosed in footnotes.

When was the Form 4 signed and by whom?

The Form 4 was signed by an attorney‑in‑fact, John Marlow, on 10/03/2025.

Was the trading plan contemporaneous with the sales?

Yes. The Form states the trades were effected pursuant to a Rule 10b5-1 plan adopted on May 22, 2025.