[Form 4] RINGCENTRAL, INC. Insider Trading Activity
RingCentral CFO Vaibhav Agarwal reported two transactions in August 2025 that changed his direct holdings of Class A common stock. On 08/20/2025 he remitted 15,458 shares to RingCentral to satisfy tax withholding obligations arising from RSU vesting, an exempt disposition under Rule 16b-3(e). The next day, 08/21/2025, he sold 14,970 shares under a pre-existing Rule 10b5-1 trading plan at a weighted average price of $28.695 (individual sale prices ranged from $28.44 to $29.00). Following these transactions his reported direct beneficial ownership declined from 210,990 shares to 196,020 shares. The Form 4 was signed by an attorney-in-fact on 08/22/2025.
Il CFO di RingCentral, Vaibhav Agarwal, ha dichiarato due operazioni ad agosto 2025 che hanno modificato le sue partecipazioni dirette in azioni ordinarie di Classe A. Il 20/08/2025 ha consegnato a RingCentral 15.458 azioni per soddisfare le ritenute fiscali derivanti dalla maturazione di RSU, una cessione esente ai sensi della Regola 16b-3(e). Il giorno successivo, il 21/08/2025, ha venduto 14.970 azioni nell'ambito di un piano di trading 10b5-1 preesistente a prezzo medio ponderato di $28,695 (i prezzi individuali di vendita sono variati da $28,44 a $29,00). A seguito di queste operazioni la sua partecipazione diretta riportata 猫 diminuita da 210.990 azioni a 196.020 azioni. Il Form 4 猫 stato firmato da un procuratore il 22/08/2025.
El CFO de RingCentral, Vaibhav Agarwal, inform贸 dos transacciones en agosto de 2025 que modificaron su participaci贸n directa en acciones ordinarias Clase A. El 20/08/2025 entreg贸 a RingCentral 15.458 acciones para cubrir retenciones fiscales derivadas del vencimiento de RSU, una disposici贸n exenta conforme a la Regla 16b-3(e). Al d铆a siguiente, el 21/08/2025, vendi贸 14.970 acciones bajo un plan de negociaci贸n 10b5-1 preexistente a un precio medio ponderado de $28,695 (los precios individuales de venta oscilaron entre $28,44 y $29,00). Tras estas operaciones, su propiedad directa declarada disminuy贸 de 210.990 acciones a 196.020 acciones. El Form 4 fue firmado por un apoderado el 22/08/2025.
RingCentral鞚� CFO Vaibhav Agarwal鞚�(電�) 2025雲� 8鞗旍棎 韥措灅鞀� A 氤错喌欤检潣 歆侅爲 氤挫湢霟夓潉 氤�瓴巾暅 霊� 瓯挫潣 瓯半灅毳� 氤搓碃頄堨姷雼堧嫟. 2025-08-20鞐� RSU(鞝滍暅欤�)鞚� 旆摑鞙茧 鞚疙暅 靹戈笀 鞗愳矞歆曥垬 鞚橂毳� 於╇嫻頃橁赴 鞙勴暣 RingCentral鞐� 15,458欤�毳� 雮╈瀰頄堨溂氅�, 鞚措姅 攴滌爼 16b-3(e)鞐� 霐半ジ 氅挫牅 觳橂秳鞛呺媹雼�. 雼れ潓 雮犾澑 2025-08-21鞐愲姅 旮办〈鞚� Rule 10b5-1 瓯半灅 瓿勴殟鞐� 霐半澕 14,970欤�毳� 臧�欷� 韽夑窢 臧�瓴� $28.695鞐� 毵る弰頄堨溂氅�(臧滊硠 毵る弰臧�瓴╈潃 $28.44~$29.00 靷澊), 鞚措摛 瓯半灅 頉� 鞁犼碃霅� 歆侅爲 鞁れ 氤挫湢霟夓潃 210,990欤�鞐愳劀 196,020欤�搿� 臧愳唽頄堨姷雼堧嫟. Form 4電� 2025-08-22鞐� 雽�毽澑鞚� 靹滊獏頄堨姷雼堧嫟.
Le directeur financier de RingCentral, Vaibhav Agarwal, a d茅clar茅 deux op茅rations en ao没t 2025 ayant modifi茅 ses participations directes en actions ordinaires de cat茅gorie A. Le 20/08/2025, il a remis 脿 RingCentral 15 458 actions pour satisfaire des obligations de retenue fiscale li茅es 脿 la lev茅e de RSU, une cession exon茅r茅e en vertu de la r猫gle 16b-3(e). Le lendemain, le 21/08/2025, il a vendu 14 970 actions dans le cadre d鈥檜n plan de n茅gociation 10b5-1 pr茅existant au prix moyen pond茅r茅 de 28,695 $ (les prix de vente individuels variaient de 28,44 $ 脿 29,00 $). 脌 la suite de ces op茅rations, sa participation directe d茅clar茅e est pass茅e de 210 990 actions 脿 196 020 actions. Le Form 4 a 茅t茅 sign茅 par un mandataire le 22/08/2025.
RingCentral-CFO Vaibhav Agarwal meldete zwei Transaktionen im August 2025, die sein direktes Halten von Class-A-Stammaktien 盲nderten. Am 20.08.2025 眉bertrug er 15.458 Aktien an RingCentral zur Begleichung von Steuerabzugsverpflichtungen aus dem Vesting von RSUs, eine nach Regel 16b-3(e) befreite Verf眉gung. Am folgenden Tag, dem 21.08.2025, verkaufte er 14.970 Aktien im Rahmen eines bereits bestehenden Rule-10b5-1-Handelsplans zu einem gewichteten Durchschnittspreis von $28,695 (Einzelverkaufspreise lagen zwischen $28,44 und $29,00). Nach diesen Transaktionen verringerte sich sein gemeldeter direkter wirtschaftlicher Anteil von 210.990 Aktien auf 196.020 Aktien. Das Form 4 wurde am 22.08.2025 von einem Bevollm盲chtigten unterschrieben.
- Sale executed under a Rule 10b5-1 trading plan, indicating pre-authorized, structured trading
- Tax withholding satisfied via exempt disposition (remittance of 15,458 shares) consistent with standard RSU settlement
- Reduction in direct beneficial ownership from 210,990 shares to 196,020 shares following the transactions
- Insider sold 14,970 shares, which could be perceived negatively by some investors despite being planned
Insights
TL;DR: Insider completed tax-related surrender of RSUs and an orderly sale under a 10b5-1 plan, modestly reducing holdings.
The filing shows a routine tax withholding remittance of 15,458 shares tied to RSU vesting followed by a planned sale of 14,970 shares under a Rule 10b5-1 plan. The weighted average sale price reported is $28.695, with executed prices between $28.44 and $29.00. These actions reduced direct beneficial ownership to 196,020 shares, a decline of 14,970 shares from the prior post-withholding balance. There is no indication of unscheduled or opportunistic trading outside the disclosed plan; the transactions are consistent with standard executive compensation settlement and pre-authorized trading.
TL;DR: Transactions comply with standard governance practices (Rule 16b-3 and 10b5-1); no governance red flags in the filing.
The Form 4 discloses an exempt disposition to the issuer for tax withholding and a sale under a 10b5-1 plan adopted on September 13, 2024. The explicit reference to Rule 10b5-1 and the footnote offering to provide per-trade breakdowns demonstrates disclosure completeness. There is no evidence in this filing of related-party transfers, contemporaneous purchases, or amendments that would suggest governance or compliance concerns. Impact on governance oversight or board dynamics is not indicated by these routine transactions.
Il CFO di RingCentral, Vaibhav Agarwal, ha dichiarato due operazioni ad agosto 2025 che hanno modificato le sue partecipazioni dirette in azioni ordinarie di Classe A. Il 20/08/2025 ha consegnato a RingCentral 15.458 azioni per soddisfare le ritenute fiscali derivanti dalla maturazione di RSU, una cessione esente ai sensi della Regola 16b-3(e). Il giorno successivo, il 21/08/2025, ha venduto 14.970 azioni nell'ambito di un piano di trading 10b5-1 preesistente a prezzo medio ponderato di $28,695 (i prezzi individuali di vendita sono variati da $28,44 a $29,00). A seguito di queste operazioni la sua partecipazione diretta riportata 猫 diminuita da 210.990 azioni a 196.020 azioni. Il Form 4 猫 stato firmato da un procuratore il 22/08/2025.
El CFO de RingCentral, Vaibhav Agarwal, inform贸 dos transacciones en agosto de 2025 que modificaron su participaci贸n directa en acciones ordinarias Clase A. El 20/08/2025 entreg贸 a RingCentral 15.458 acciones para cubrir retenciones fiscales derivadas del vencimiento de RSU, una disposici贸n exenta conforme a la Regla 16b-3(e). Al d铆a siguiente, el 21/08/2025, vendi贸 14.970 acciones bajo un plan de negociaci贸n 10b5-1 preexistente a un precio medio ponderado de $28,695 (los precios individuales de venta oscilaron entre $28,44 y $29,00). Tras estas operaciones, su propiedad directa declarada disminuy贸 de 210.990 acciones a 196.020 acciones. El Form 4 fue firmado por un apoderado el 22/08/2025.
RingCentral鞚� CFO Vaibhav Agarwal鞚�(電�) 2025雲� 8鞗旍棎 韥措灅鞀� A 氤错喌欤检潣 歆侅爲 氤挫湢霟夓潉 氤�瓴巾暅 霊� 瓯挫潣 瓯半灅毳� 氤搓碃頄堨姷雼堧嫟. 2025-08-20鞐� RSU(鞝滍暅欤�)鞚� 旆摑鞙茧 鞚疙暅 靹戈笀 鞗愳矞歆曥垬 鞚橂毳� 於╇嫻頃橁赴 鞙勴暣 RingCentral鞐� 15,458欤�毳� 雮╈瀰頄堨溂氅�, 鞚措姅 攴滌爼 16b-3(e)鞐� 霐半ジ 氅挫牅 觳橂秳鞛呺媹雼�. 雼れ潓 雮犾澑 2025-08-21鞐愲姅 旮办〈鞚� Rule 10b5-1 瓯半灅 瓿勴殟鞐� 霐半澕 14,970欤�毳� 臧�欷� 韽夑窢 臧�瓴� $28.695鞐� 毵る弰頄堨溂氅�(臧滊硠 毵る弰臧�瓴╈潃 $28.44~$29.00 靷澊), 鞚措摛 瓯半灅 頉� 鞁犼碃霅� 歆侅爲 鞁れ 氤挫湢霟夓潃 210,990欤�鞐愳劀 196,020欤�搿� 臧愳唽頄堨姷雼堧嫟. Form 4電� 2025-08-22鞐� 雽�毽澑鞚� 靹滊獏頄堨姷雼堧嫟.
Le directeur financier de RingCentral, Vaibhav Agarwal, a d茅clar茅 deux op茅rations en ao没t 2025 ayant modifi茅 ses participations directes en actions ordinaires de cat茅gorie A. Le 20/08/2025, il a remis 脿 RingCentral 15 458 actions pour satisfaire des obligations de retenue fiscale li茅es 脿 la lev茅e de RSU, une cession exon茅r茅e en vertu de la r猫gle 16b-3(e). Le lendemain, le 21/08/2025, il a vendu 14 970 actions dans le cadre d鈥檜n plan de n茅gociation 10b5-1 pr茅existant au prix moyen pond茅r茅 de 28,695 $ (les prix de vente individuels variaient de 28,44 $ 脿 29,00 $). 脌 la suite de ces op茅rations, sa participation directe d茅clar茅e est pass茅e de 210 990 actions 脿 196 020 actions. Le Form 4 a 茅t茅 sign茅 par un mandataire le 22/08/2025.
RingCentral-CFO Vaibhav Agarwal meldete zwei Transaktionen im August 2025, die sein direktes Halten von Class-A-Stammaktien 盲nderten. Am 20.08.2025 眉bertrug er 15.458 Aktien an RingCentral zur Begleichung von Steuerabzugsverpflichtungen aus dem Vesting von RSUs, eine nach Regel 16b-3(e) befreite Verf眉gung. Am folgenden Tag, dem 21.08.2025, verkaufte er 14.970 Aktien im Rahmen eines bereits bestehenden Rule-10b5-1-Handelsplans zu einem gewichteten Durchschnittspreis von $28,695 (Einzelverkaufspreise lagen zwischen $28,44 und $29,00). Nach diesen Transaktionen verringerte sich sein gemeldeter direkter wirtschaftlicher Anteil von 210.990 Aktien auf 196.020 Aktien. Das Form 4 wurde am 22.08.2025 von einem Bevollm盲chtigten unterschrieben.
FAQ
What transactions did RingCentral (RNG) CFO Vaibhav Agarwal report on Form 4?
At what price were the RNG shares sold by the reporting person?
How did these transactions change the reporting person's holdings in RNG?
Were the sales part of a pre-authorized trading plan?
Was the disposition to satisfy tax withholding treated as exempt?
