Vanguard Portfolio Management LLC (RNG) reports 10.57% ownership in RingCentral
Rhea-AI Filing Summary
RingCentral Inc ownership disclosure: Vanguard Portfolio Management LLC reports beneficial ownership of 8,019,586 shares of common stock, representing 10.57% of the class as of 02/27/2026. The filing shows shared voting power 99,477 and shared dispositive power 8,019,586. The filing notes that "as of January 12, 2026, The Vanguard Group, Inc. no longer performs portfolio management services or administers proxy voting" and that Vanguard Portfolio Management LLC will report on a disaggregated basis.
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Insights
Vanguard Portfolio Management LLC holds a >10% stake in RingCentral, reported as shared dispositive power.
Vanguard Portfolio Management LLC reports 8,019,586 shares beneficially owned, equal to 10.57% of the class as of 02/27/2026. The filing attributes shared voting power 99,477 and shared dispositive power 8,019,586, indicating voting and disposition are exercised collectively through affiliated vehicles.
The excerpt includes a verbatim qualifier that "as of January 12, 2026, The Vanguard Group, Inc. no longer performs portfolio management services or administers proxy voting." Future disclosures may reflect further disaggregated reporting by Vanguard affiliates.
The filing clarifies voting/dispositive arrangements after Vanguard's internal realignment.
The schedule states that securities reported are those over which Vanguard Portfolio Management LLC and specific affiliates exercise dispositive and/or voting power. The filing lists that Vanguard funds and managed accounts are included in the beneficial ownership figure.
Because the filing identifies shared powers rather than sole control, the practical ability to direct votes depends on affiliate arrangements described in the statement; the filing preserves the realignment language dated January 12, 2026.