RingCentral (RNG) CEO awarded 140,207 PSUs for above-target 2025 results
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
RingCentral, Inc. CEO and Chairman Vladimir Shmunis reported an equity award of 140,207 Class A shares in the form of performance-based restricted stock units (PSUs). These PSUs reflect above-target achievement of 2025 performance goals certified on February 10, 2026.
All 140,207 shares subject to this first tranche will vest on February 21, 2026, tied to 2025 performance under a PSU grant originally awarded on May 20, 2025. After this acquisition, Shmunis directly beneficially owns 402,447 shares of RingCentral Class A Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Shmunis Vladimir
Role
CEO and Chairman
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 140,207 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 402,447 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did RingCentral (RNG) report for Vladimir Shmunis?
RingCentral CEO and Chairman Vladimir Shmunis reported acquiring 140,207 Class A shares via performance-based restricted stock units. These PSUs were earned for above-target 2025 performance and increase his directly owned Class A share balance to 402,447 after the transaction.
What are the key terms of the 140,207 PSUs reported by RingCentral (RNG)?
The 140,207 units are performance-based restricted stock units tied to 2025 goals. Above-target results were certified by RingCentral’s Compensation Committee on February 10, 2026, and all shares from this first tranche are scheduled to vest on February 21, 2026, subject to the award terms.
When will Vladimir Shmunis’s newly reported RingCentral (RNG) PSUs vest?
All 140,207 performance-based restricted stock units reported will vest on February 21, 2026. This tranche relates specifically to 2025 performance under a PSU grant originally made on May 20, 2025, with remaining units eligible to vest based on 2026 performance results.
What performance period do the reported RingCentral (RNG) PSUs cover?
The 140,207 PSUs relate to the portion of a May 20, 2025 grant based on 2025 performance. RingCentral’s Compensation Committee certified above-target achievement of certain goals on February 10, 2026, and remaining PSUs under this award may vest depending on 2026 performance outcomes.
Is the RingCentral (RNG) Form 4 transaction a purchase or an equity award?
The transaction is an equity award, not an open-market purchase. Vladimir Shmunis received 140,207 Class A shares through a grant of performance-based restricted stock units, recorded at a price of $0 per share, reflecting above-target performance rather than a cash share purchase.