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Vanguard Portfolio Management LLC (RNG) reports 10.57% ownership in RingCentral

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
SCHEDULE 13G

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.

Positive

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Negative

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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.






02/27/2026

(Date of Event Which Requires Filing of this Statement)


Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)






SCHEDULE 13G




Comment for Type of Reporting Person: On January 12, 2026, The Vanguard Group, Inc., the parent entity of Vanguard Portfolio Management LLC, went through an internal realignment. As of that date, The Vanguard Group, Inc. no longer performs portfolio management services or administers proxy voting. Such services are performed by Vanguard Portfolio Management LLC. In accordance with SEC Release No. 34-39538 (January 12, 1998), Vanguard Portfolio Management LLC anticipates that it and certain other subsidiaries or business divisions of subsidiaries of The Vanguard Group, Inc., that currently have, or are deemed to have, beneficial ownership with The Vanguard Group, Inc., will report beneficial ownership on a disaggregated basis from The Vanguard Group, Inc. in reliance on such release. These subsidiaries and/or business divisions pursue the same investment strategies as previously pursued by The Vanguard Group, Inc. prior to the realignment. This Schedule 13G reflects the securities beneficially owned, or deemed to be beneficially owned, by Vanguard Portfolio Management LLC and the following affiliates of Vanguard Portfolio Management LLC or business divisions of such affiliates: Vanguard Fiduciary Trust Company. This Schedule 13G includes securities held by Vanguard funds, or sleeves thereof, over which Vanguard Portfolio Management LLC exercises dispositive power, in addition to securities held by clients over which the affiliates or business divisions of such affiliates indicated in the previous paragraph exercise dispositive and/or voting power. This Schedule 13G does not include securities, if any, beneficially owned by other affiliates of Vanguard Portfolio Management LLC or business divisions of such affiliates.


SCHEDULE 13G



Vanguard Portfolio Management
Signature:Ashley Grim
Name/Title:Head of Global Fund Administration
Date:03/05/2026

FAQ

How many RingCentral (RNG) shares does Vanguard Portfolio Management LLC report owning?

Vanguard Portfolio Management LLC reports beneficial ownership of 8,019,586 shares of RingCentral common stock, representing 10.57% of the class as of 02/27/2026. This total reflects securities held across Vanguard-managed funds and accounts.

What voting power does Vanguard Portfolio Management LLC report for RNG shares?

The filing reports shared voting power of 99,477 shares and shared dispositive power of 8,019,586 as of 02/27/2026. Voting and disposition are reported as shared among Vanguard Portfolio Management LLC and affiliates.

Does the filing explain Vanguard's change in reporting structure?

Yes. The filing states that "as of January 12, 2026, The Vanguard Group, Inc. no longer performs portfolio management services or administers proxy voting." Vanguard Portfolio Management LLC will report disaggregated beneficial ownership going forward.

Are the RingCentral shares reported held on behalf of other persons?

The filing indicates Vanguard Portfolio Management, including registered investment companies and managed accounts, has the right to receive dividends or proceeds. No single other person's interest in the reported securities exceeds 5% according to the statement.

Who signed the Schedule 13G for Vanguard Portfolio Management LLC?

The filing is signed by Ashley Grim, titled Head of Global Fund Administration, with signature dated 03/05/2026. The address listed is 100 Vanguard Blvd., Malvern, PA, 19355.
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