RingCentral president remits 46,250 shares for tax
RingCentral, Inc. president and COO Kira Makagon reported an exempt insider transaction involving company stock.
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Rhea-AI Filing Summary
RingCentral, Inc. president and COO Kira Makagon reported an exempt insider transaction involving company stock. On the reported date, she disposed of 46,250 shares of Class A common stock at $36.45 per share by remitting them back to RingCentral to cover tax withholding obligations from vesting restricted stock units. After this tax-withholding disposition, she directly holds 293,295 shares of RingCentral Class A common stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Class A Common Stock | 46,250 | $36.45 | $1.69M |
Footnotes (1)
- F1. 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 Restricted Stock Units.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did RingCentral (RNG) report for Kira Makagon?
Was Kira Makagon’s RingCentral (RNG) transaction an open-market stock sale?
At what price was Kira Makagon’s RingCentral (RNG) tax-withholding transaction recorded?
What does a Rule 16b-3(e) exempt disposition mean for RingCentral (RNG) insiders?
AI-generated analysis. How Rhea-AI works. Not financial advice.