RingCentral (RNG) CEO Vladimir Shmunis sells 27K shares in planned trades
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
RingCentral, Inc. CEO and Chairman Vladimir Shmunis reported open-market sales of a total of 27,252 shares of Class A Common Stock on June 15–16, 2026. The shares were sold at weighted average prices in the high $38 to low $39 range under a pre-arranged Rule 10b5-1 trading plan adopted on March 13, 2026. Following these transactions, Shmunis directly holds 230,071 shares of RingCentral Class A Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 27,252 shares ($1,046,282)
Net Sell
4 txns
Insider
Shmunis Vladimir
Role
CEO and Chairman
Sold
27,252 shs ($1.05M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 10,105 | $38.153 | $386K |
| Sale | Class A Common Stock | 1,591 | $38.682 | $62K |
| Sale | Class A Common Stock | 14,832 | $38.481 | $571K |
| Sale | Class A Common Stock | 724 | $39.299 | $28K |
Holdings After Transaction:
Class A Common Stock — 231,662 shares (Direct, null)
Footnotes (1)
- These sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 13, 2026. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $38.115 to $39.10, 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) through (5) 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 $39.14 to $39.505, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $37.39 to $38.385, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $38.395 to $39.27, inclusive.
Key Figures
Total shares sold: 27,252 shares
Shares sold on 2026-06-16 (lot 1): 1,591 shares at $38.6820
Shares sold on 2026-06-16 (lot 2): 10,105 shares at $38.1530
+5 more
8 metrics
Total shares sold
27,252 shares
Aggregate open-market sales on June 15–16, 2026
Shares sold on 2026-06-16 (lot 1)
1,591 shares at $38.6820
Open-market sale, Class A Common Stock
Shares sold on 2026-06-16 (lot 2)
10,105 shares at $38.1530
Open-market sale, Class A Common Stock
Shares sold on 2026-06-15 (lot 1)
724 shares at $39.2990
Open-market sale, Class A Common Stock
Shares sold on 2026-06-15 (lot 2)
14,832 shares at $38.4810
Open-market sale, Class A Common Stock
Holdings after transactions
230,071 shares
Directly held Class A Common Stock after June 16, 2026 sales
Net buy/sell direction
net-sell of 27,252 shares
Form 4 transaction summary
Trading plan adoption date
March 13, 2026
Rule 10b5-1 trading plan governing these sales
Key Terms
Rule 10b5-1 trading plan, weighted average price, open-market sale, Class A Common Stock, +1 more
5 terms
Rule 10b5-1 trading plan regulatory
"These sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 13, 2026."
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.
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
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 regulatory
"within the ranges set forth in footnotes (2) through (5) to this Form 4."
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What type of transactions are reported in this RingCentral (RNG) Form 4 filing?
All reported transactions are open-market sales of RingCentral Class A Common Stock, coded as “S” on Form 4. There are no option exercises, gifts, or tax-withholding entries disclosed in this particular filing.
On which dates did the RingCentral (RNG) insider stock sales occur?
The sales took place on June 15, 2026 and June 16, 2026. Each date includes multiple sale transactions aggregated into four Form 4 line items, with separate weighted average prices reported for each group of trades.