[Form 4] RINGCENTRAL, INC. Insider Trading Activity

Rhea-AI Filing Summary

Vladimir Shmunis, RingCentral, Inc. CEO and Chairman, reported multiple transactions in Class A common stock on August 20-22, 2025. On August 20 he received 4,964 restricted stock units that vested and were granted in lieu of a cash bonus. On August 20 and 21 he remitted 48,423 and 27,882 shares, respectively, to the issuer to satisfy tax-withholding obligations in exempt dispositions under Rule 16b-3(e). Under a Rule 10b5-1 trading plan adopted March 13, 2025, he sold a total of 73,950 shares across August 21-22 at weighted-average prices reported in footnotes, with sale price ranges spanning about $28.43 to $30.87. Following these transactions his reported beneficial ownership declined from 557,784 to 407,529 Class A shares.

Positive

• RSUs vested in lieu of a cash bonus, indicating compensation alignment with equity incentives
• Sales executed under a Rule 10b5-1 trading plan, providing a pre-established framework for insider transactions

Negative

• Substantial reduction in beneficial ownership from 557,784 to 407,529 Class A shares following these transactions
• Large number of shares remitted for tax withholding (48,423 and 27,882), reducing direct holdings

Insights

Corporate Governance Expert

TL;DR: Insider exercised routine compensation and tax-related share remittances while selling under a pre-existing 10b5-1 plan.

The Form 4 shows customary equity compensation mechanics: RSUs vested in lieu of a cash bonus and shares remitted to satisfy tax withholding in exempt dispositions. Sales were executed pursuant to a Rule 10b5-1 plan adopted March 13, 2025, which typically provides an affirmative defense against insider trading claims. The filings are procedural and transparent, with weighted-average pricing disclosed and a clear reduction in direct holdings reported.

Securities Analyst

TL;DR: Material share reduction occurred, but sales were pre-planned under a 10b5-1 plan and include tax withholding dispositions.

The reporting indicates an aggregate sale of 73,950 shares and two exempt remittances totaling 76,305 shares tied to RSU vesting and tax obligations, producing a net decline in beneficial ownership from 557,784 to 407,529 shares. The disclosed weighted-average price ranges provide context on execution prices. For investors, the movement is notable in absolute terms but is documented as plan-driven and compensation-related.

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
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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^*

Shmunis Vladimir

(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)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	CEO and Chairman

3. Date of Earliest Transaction (Month/Day/Year)
08/20/2025

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	08/20/2025		A		4,964(1)	A	$0	557,784	D
Class A Common Stock	08/20/2025		F(2)		48,423	D	$29.41	509,361	D
Class A Common Stock	08/21/2025		S(3)		46,932	D	$28.952(4)	462,429	D
Class A Common Stock	08/21/2025		F(2)		27,882	D	$29.14	434,547	D
Class A Common Stock	08/22/2025		S(3)		2,175	D	$29.472(5)	432,372	D
Class A Common Stock	08/22/2025		S(3)		24,843	D	$30.638(6)	407,529	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. Represents restricted stock units ("RSUs") that were fully vested as of the grant date. These RSUs were granted pursuant to the Issuer's Key Employee Equity Bonus Plan, in lieu of a cash bonus earned for the second quarter of 2025.

2. 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 RSUs.

3. These sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 13, 2025.

4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $28.43 to $29.235, 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 (4) through (6) to this Form 4.

5. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $29.025 to $29.86, inclusive.

6. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $30.05 to $30.87, inclusive.

	/s/ John Marlow, Attorney-in-Fact	08/22/2025
	** 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

Who filed this Form 4 for RNG and what is their role?

The Form 4 was filed by Vladimir Shmunis, who is the CEO and Chairman of RingCentral, Inc.

How many RSUs vested and were reported on the Form 4?

4,964 RSUs vested and were reported as acquired on August 20, 2025, granted in lieu of a cash bonus for Q2 2025.

What shares were sold under the 10b5-1 plan and at what prices?

A total of 73,950 shares were sold on August 21-22, 2025 under a Rule 10b5-1 plan; weighted-average prices and price ranges were disclosed (approximately $28.43 to $30.87 across transactions).

How many shares were remitted to the issuer for tax withholding?

The reporting person remitted 48,423 shares and 27,882 shares in exempt dispositions to satisfy tax-withholding obligations.

What is the reporting person’s beneficial ownership after these transactions?

Following the reported transactions, the beneficial ownership is reported as 407,529 Class A shares.