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[Form 4] RINGCENTRAL, INC. Insider Trading Activity

Filing Impact
(Neutral)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Tarun Arora, Chief Accounting Officer of RingCentral, Inc. (RNG), reported two routine dispositions of Class A common stock. On 08/29/2025 he sold 4,032 shares under a Rule 10b5-1 trading plan adopted March 14, 2025, at a weighted-average price of $30.721. On 09/01/2025 he disposed of 2,681 shares in an exempt remittance to the issuer to satisfy tax-withholding obligations arising from RSU vesting, at $30.51 per share. After these transactions he reports beneficial ownership of 103,913 shares. The Form 4 was signed by attorney-in-fact Ashley Ta on 09/02/2025.

Positive

  • Transactions executed under a Rule 10b5-1 plan, indicating preplanned trades rather than opportunistic insider selling
  • Disclosure of RSU tax-withholding remittance, showing compliance with tax obligations and Rule 16b-3 exemption
  • Provides weighted-average price and offers detailed trade information on request, supporting transparency

Negative

  • None.

Insights

TL;DR: Insider executed preplanned sales and tax-withholding remittance; no new material signals about company operations.

The disclosed transactions are consistent with a Rule 10b5-1 plan adopted March 14, 2025, indicating the disposals were prearranged rather than opportunistic trades. The filing quantifies the sales: 4,032 shares sold at a weighted-average of $30.721 and 2,681 shares remitted at $30.51 for RSU tax obligations, leaving 103,913 shares beneficially owned. From a financial perspective these are routine insider liquidity and tax events and do not, on their face, alter capital structure or indicate corporate operational changes.

TL;DR: Reporting follows governance best practices by using a 10b5-1 plan and disclosing RSU withholding.

The Form 4 clearly states the use of a Rule 10b5-1 plan and specifies that part of the disposition was an exempt remittance to the issuer for tax withholding tied to RSU vesting. The filing includes weighted-average pricing disclosure and an offer to provide underlying trade-by-trade details upon request, which supports transparency. Signature by an attorney-in-fact is properly noted.

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*
Arora Tarun

(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)
Chief Accounting Officer
3. Date of Earliest Transaction (Month/Day/Year)
08/29/2025
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 08/29/2025 S(1) 4,032 D $30.721(2) 106,594 D
Class A Common Stock 09/01/2025 F(3) 2,681 D $30.51 103,913 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. 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 $30.36 to $31.28, 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.
3. 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 Restricted Stock Units.
/s/ Ashley Ta, Attorney-in-fact 09/02/2025
** 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 shares did RingCentral insider Tarun Arora sell according to the Form 4?

The filing reports sale of 4,032 Class A shares on 08/29/2025 and remittance of 2,681 Class A shares on 09/01/2025.

At what prices were the shares sold in Tarun Arora's Form 4 (RNG)?

The 08/29/2025 sale had a weighted-average price of $30.721 (individual trades ranged from $30.36 to $31.28). The remitted shares on 09/01/2025 were at $30.51 per share.

Was Tarun Arora's sale part of a preplanned trading program?

Yes. The Form 4 states the sales were effected pursuant to a Rule 10b5-1 trading plan adopted March 14, 2025.

Why were 2,681 shares remitted to RingCentral on 09/01/2025?

Those shares were remitted to the issuer in an exempt disposition under Rule 16b-3(e) to satisfy tax withholding obligations arising from RSU vesting.

How many RingCentral shares does Tarun Arora beneficially own after these transactions?

The Form 4 reports 103,913 shares beneficially owned following the reported transactions.
RingCentral

NYSE:RNG

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RNG Stock Data

2.36B
75.60M
1.13%
107.33%
7.35%
Software - Application
Services-computer Processing & Data Preparation
Link
United States
BELMONT