STOCK TITAN

RingCentral (NYSE: RNG) COO sells 16,988 shares under 10b5-1 plan

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

Rhea-AI Filing Summary

RingCentral President and COO Kira Makagon sold 16,988 shares of Class A Common Stock in open-market transactions on May 27, 2026. The shares were sold at weighted average prices of $42.318 and $42.991 per share, across trade ranges from $41.82 to $43.145, under a pre-arranged Rule 10b5-1 trading plan. After these sales, she continues to hold a substantial direct equity stake in RingCentral.

Positive

  • None.

Negative

  • None.
Insider Makagon Kira
Role President and COO
Sold 16,988 shs ($723K)
Type Security Shares Price Value
Sale Class A Common Stock 11,378 $42.318 $481K
Sale Class A Common Stock 5,610 $42.991 $241K
Holdings After Transaction: Class A Common Stock — 218,334 shares (Direct, null)
Footnotes (1)
  1. These sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 14, 2025. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $41.82 to $42.81, 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) and (3) 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 $42.82 to $43.145, inclusive.
Shares sold 16,988 shares Total Class A Common Stock sold on May 27, 2026
Weighted avg sale price 1 $42.318 per share First reported block of open-market sales
Weighted avg sale price 2 $42.991 per share Second reported block of open-market sales
Price range block 1 $41.82–$42.81 Multiple transactions within this range for one sale block
Price range block 2 $42.82–$43.145 Multiple transactions within this range for second sale block
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 14, 2025."
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.
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.
SEC Form 4
FORM 4UNITED 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).
X
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 CALIFORNIA 94002

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
RingCentral, Inc. [ RNG ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
President and COO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/27/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Class A Common Stock05/27/2026S(1)11,378D$42.318(2)218,334D
Class A Common Stock05/27/2026S(1)5,610D$42.991(3)212,724D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. These sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 14, 2025.
2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $41.82 to $42.81, 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) and (3) to this Form 4.
3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $42.82 to $43.145, inclusive.
/s/ Ashley Ta, Attorney-in-fact05/28/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

FAQ

What did RingCentral (RNG) President and COO Kira Makagon report in this Form 4?

Kira Makagon reported selling 16,988 shares of RingCentral Class A Common Stock in open-market transactions on May 27, 2026. These were routine insider sales disclosed as required, reflecting a reduction but not an exit of her equity position.

At what prices did Kira Makagon sell RingCentral (RNG) shares?

She sold shares at weighted average prices of $42.318 and $42.991 per share. Individual trades occurred in price ranges from $41.82 to $42.81 and from $42.82 to $43.145, according to the detailed Form 4 footnotes.

How many RingCentral (RNG) shares did Kira Makagon sell in total?

The filing shows total sales of 16,988 shares of Class A Common Stock. This total comes from two reported open-market sale transactions listed in the Form 4’s non-derivative transaction table and summarized in the transaction totals.

Were Kira Makagon’s RingCentral (RNG) share sales under a Rule 10b5-1 plan?

Yes. A footnote states the sales were effected under a Rule 10b5-1 trading plan adopted on March 14, 2025. Such plans pre-schedule trades, making the timing more routine and less reflective of short-term views on the stock.

Does Kira Makagon still hold RingCentral (RNG) shares after these sales?

Yes. Post-transaction balances in the Form 4 indicate she continues to hold a substantial number of RingCentral shares directly. The reported holdings remain well above the number of shares sold in these transactions, showing she retains a significant ownership position.

What type of security did Kira Makagon trade in this RingCentral (RNG) filing?

All reported transactions involve RingCentral Class A Common Stock, categorized as non-derivative securities. There were no option exercises or other derivative transactions reported, and the derivative position summary in the filing is empty.