RingCentral CAO sells 4,568 shares at $69.60
Rhea-AI Filing Summary
RingCentral, Inc. (RNG) reported an insider sale by Chief Accounting Officer Tarun Arora. On August 28, 2026, Arora sold 4,568 shares of Class A Common Stock at a weighted average price of $69.602 per share, in multiple trades between $69.07 and $70.00. Following this transaction, Arora directly holds 75,141 shares of RingCentral Class A Common Stock. The sale was carried out under a Rule 10b5-1 trading plan adopted on May 22, 2026.
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Insider Trade Summary 10b5-1
Net Seller: 4,568 shares
Net Sell
1 txn
Insider
Arora Tarun
Role
Chief Accounting Officer
Sold
4,568 shs ($318K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock F1, F2 | 4,568 | $69.602 | $318K |
Holdings After Transaction:
Class A Common Stock — 75,141 shares (Direct)
Footnotes (2)
- F1. These sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 22, 2026.
- F2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $69.07 to $70.00, 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 range set forth in this footnote (2) to this Form 4.
Key Figures
Shares sold: 4,568 shares of Class A Common Stock
Weighted average sale price: $69.602 per share
Sale price range: $69.07 to $70.00 per share
+2 more
5 metrics
Shares sold
4,568 shares of Class A Common Stock
Sale by Chief Accounting Officer Tarun Arora on August 28, 2026
Weighted average sale price
$69.602 per share
Average price for 4,568 shares sold on August 28, 2026
Sale price range
$69.07 to $70.00 per share
Range of prices for multiple sale transactions on August 28, 2026
Shares held after transaction
75,141 shares
Direct holdings of Tarun Arora following the reported sale
Rule 10b5-1 plan adoption date
May 22, 2026
Date Tarun Arora adopted the trading plan used for these sales
Key Terms
Rule 10b5-1 trading plan, weighted average price, Class A Common Stock
3 terms
Rule 10b5-1 trading plan regulatory
"These sales were effected pursuant to a Rule 10b5-1 trading plan adopted"
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.
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.
FAQ
What insider transaction did RNG disclose for Tarun Arora?
RingCentral disclosed that Chief Accounting Officer Tarun Arora sold 4,568 shares of Class A Common Stock on August 28, 2026 at a weighted average price of $69.602 per share, in multiple trades between $69.07 and $70.00.
Was the RNG insider sale by Tarun Arora under a Rule 10b5-1 plan?
Yes. The filing states that the sales by Chief Accounting Officer Tarun Arora were effected pursuant to a Rule 10b5-1 trading plan adopted on May 22, 2026.
AI-generated analysis. How Rhea-AI works. Not financial advice.