STOCK TITAN

RingCentral (NYSE: RNG) president uses 46,250 shares to cover taxes

Filing Impact
(Very High)
Filing Sentiment
(Neutral)
Form Type
4

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.

Positive

  • None.

Negative

  • None.
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 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)
Director 10% Owner
X Officer (give title below) Other (specify below)
President and COO
3. Date of Earliest Transaction (Month/Day/Year)
03/01/2026
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 03/01/2026 F(1) 46,250 D $36.45 293,295 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. 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.
/s/ Ashley Ta, Attorney-in-fact 03/03/2026
** 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.

FAQ

What insider transaction did RingCentral (RNG) report for Kira Makagon?

RingCentral reported that president and COO Kira Makagon disposed of 46,250 shares of Class A common stock. The shares were remitted back to the company to satisfy tax withholding obligations triggered by the vesting of restricted stock units, rather than sold on the open market.

Was Kira Makagon’s RingCentral (RNG) transaction an open-market stock sale?

No, the transaction was not an open-market sale. It was an exempt disposition to RingCentral under Rule 16b-3(e), where shares were surrendered to the issuer solely to cover tax withholding arising from the vesting of restricted stock units granted to Kira Makagon.

How many RingCentral (RNG) shares were used to cover Kira Makagon’s taxes?

A total of 46,250 RingCentral Class A common shares were remitted by Kira Makagon. These shares were delivered back to the company to satisfy tax withholding obligations connected to the vesting of her restricted stock units, as described in the Form 4 footnote.

At what price was Kira Makagon’s RingCentral (RNG) tax-withholding transaction recorded?

The Form 4 records the tax-withholding disposition at $36.45 per RingCentral Class A share. This price is used for reporting the value of shares remitted to the issuer in connection with satisfying tax obligations from restricted stock unit vesting.

How many RingCentral (RNG) shares does Kira Makagon own after this Form 4 transaction?

Following the reported tax-withholding disposition, Kira Makagon directly holds 293,295 shares of RingCentral Class A common stock. This figure reflects her ownership after remitting 46,250 shares back to the company to satisfy the associated tax withholding obligations.

What does a Rule 16b-3(e) exempt disposition mean for RingCentral (RNG) insiders?

A Rule 16b-3(e) exempt disposition allows insiders to transfer shares to the issuer without triggering short-swing profit rules. In this RingCentral case, Kira Makagon used the exemption to remit shares back to the company solely to cover tax withholding from restricted stock unit vesting.
RingCentral

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3.29B
74.47M
Software - Application
Services-computer Processing & Data Preparation
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United States
BELMONT