RNG Form 4: President/COO Disposes 14,887 Shares Under 10b5-1 Plan

Rhea-AI Filing Summary

RingCentral insider sale under Rule 10b5-1. Kira Makagon, President and COO of RingCentral, sold 14,887 shares of Class A common stock on 08/27/2025 at a weighted average price of $30.725 per share. After the sale, the reporting person beneficially owned 387,841 shares. The filing states the sale was made pursuant to a Rule 10b5-1 trading plan adopted March 14, 2025, and that the reported price is a weighted average of multiple transactions ranging from $30.54 to $30.87. The form was signed by an attorney-in-fact on 08/29/2025.

Insights

Corporate Governance Expert

TL;DR: Insider compliance with a pre-established 10b5-1 plan; routine disclosure of an open-market sale.

The sale of 14,887 shares by the President and COO was executed under a Rule 10b5-1 plan, indicating the transactions were pre‑authorized and intended to provide an affirmative defense to insider trading claims. The filing discloses the weighted average sale price ($30.725) and the price range ($30.54–$30.87), and confirms remaining beneficial ownership (387,841 shares). For governance review, this is a standard disclosure demonstrating adherence to an established trading plan and timely SEC reporting.

Securities Analyst

TL;DR: A single open‑market disposal by an officer, disclosed with price range and remaining holdings.

This Form 4 reports a disposition of 14,887 Class A shares by an officer of RingCentral. The document provides clear transactional detail: transaction date, weighted average price, and post‑transaction beneficial holdings. There is no additional context about motivation or material corporate events in the filing, and the use of a 10b5‑1 plan is explicitly stated, limiting the informational impact on company fundamentals from this record alone.

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).

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 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)
08/27/2025

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	08/27/2025		S(1)		14,887	D	$30.725(2)	387,841	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. This sale was 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 $30.54 to $30.87, 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.

	/s/ Ashley Ta, Attorney-in-fact	08/29/2025
	** 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 did RingCentral (RNG) insider Kira Makagon report on Form 4?

The filing reports that Kira Makagon sold 14,887 Class A shares on 08/27/2025 at a weighted average price of $30.725, leaving beneficial ownership of 387,841 shares.

Was the sale by the RingCentral officer part of a planned trading program?

Yes. The sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 14, 2025.

What price range was reported for the shares sold by the RingCentral officer?

The filing states the shares were sold in multiple transactions at prices ranging from $30.54 to $30.87, and reports a weighted average price of $30.725.

How many shares did the reporting person own after the transaction?

After the reported sale, the reporting person beneficially owned 387,841 shares of Class A common stock.

Who signed the Form 4 for the reporting person?

The Form 4 was signed by Ashley Ta, Attorney-in-fact on 08/29/2025.