Was the 4,191-share RingCentral (RNG) disposition a market sale by the CFO?

No. The 4,191-share transaction was an exempt disposition to RingCentral under Rule 16b-3(e). Shares were remitted to the issuer solely to satisfy tax withholding obligations arising from the vesting of Restricted Stock Units, not sold on the open market.

RingCentral (RNG) CFO sells shares, remits stock to issuer for taxes

Filing Impact

(High)

Filing Sentiment

(Negative)

Form Type

Rhea-AI Filing Summary

RingCentral, Inc. Chief Financial Officer Vaibhav Agarwal reported two Class A Common Stock transactions. On May 21, 2026, he completed an open-market sale of 4,044 shares at $42.058 per share. Following this sale, he directly held 132,181 shares.

On May 20, 2026, he disposed of 4,191 shares at $43.51 per share to the issuer to cover tax withholding tied to vesting of Restricted Stock Units. This tax-withholding disposition is an exempt transaction and not an open-market sale.

Insider Trade Summary 10b5-1

Net Seller: 4,044 shares ($170,083)

Net Sell 2 txns

Insider Agarwal Vaibhav

Role Chief Financial Officer

Sold 4,044 shs ($170K)

Type	Security	Shares	Price	Value
Sale	Class A Common Stock	4,044	$42.058	$170K
Tax Withholding	Class A Common Stock	4,191	$43.51	$182K

Holdings After Transaction: Class A Common Stock — 132,181 shares (Direct, null)

Footnotes (1)

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. This sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on September 15, 2025.

Key Figures

Open-market sale shares: 4,044 shares Open-market sale price: $42.058 per share Tax-withholding shares remitted: 4,191 shares +3 more

6 metrics

Open-market sale shares 4,044 shares Class A Common Stock sold on May 21, 2026

Open-market sale price $42.058 per share Sale price for 4,044 shares on May 21, 2026

Tax-withholding shares remitted 4,191 shares Disposition to issuer for tax withholding on May 20, 2026

Tax-withholding price $43.51 per share Valuation for 4,191-share tax-withholding disposition

Shares held after sale 132,181 shares Direct Class A Common Stock holdings following May 21, 2026 sale

Net open-market activity 4,044 shares sold Net sell direction from transaction summary

Key Terms

Rule 10b5-1 trading plan, Restricted Stock Units, Rule 16b-3(e), tax-withholding disposition

4 terms

Rule 10b5-1 trading plan regulatory

"This sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person"

A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.

Restricted Stock Units financial

"tax withholding obligations arising out of the vesting of Restricted Stock Units"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

Rule 16b-3(e) regulatory

"In an exempt disposition to the issuer under Rule 16b-3(e), the Reporting Person remitted shares"

tax-withholding disposition financial

"transaction_action":"tax-withholding disposition","transaction_code_description":"Payment of exercise price or tax liability"

A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.

Form 4 Insider Transactions: What Each Field Means →

05/22/2026 - 04:30 PM

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).

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^*

Agarwal Vaibhav

(Last)

(First)

(Middle)

C/O RINGCENTRAL, INC.

20 DAVIS DRIVE

(Street)

BELMONT

CALIFORNIA

94002

(City)

(State)

(Zip)

UNITED STATES

(Country)

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 Financial Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/20/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Class A Common Stock	05/20/2026		F⁽¹⁾		4,191	D	$43.51	136,225	D
Class A Common Stock	05/21/2026		S⁽²⁾		4,044	D	$42.058	132,181	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. 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.

2. This sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on September 15, 2025.

	/s/ John Marlow, Attorney-in-fact	05/22/2026
	** 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.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transactions did RingCentral (RNG) CFO Vaibhav Agarwal report?

RingCentral CFO Vaibhav Agarwal reported two Class A Common Stock transactions: an open-market sale of 4,044 shares and a separate 4,191-share disposition to the company to cover tax withholding from Restricted Stock Unit vesting.

How many RingCentral (RNG) shares did the CFO sell on the open market?

Vaibhav Agarwal sold 4,044 shares of RingCentral Class A Common Stock in an open-market transaction at a price of $42.058 per share, according to the Form 4 insider trading report filed for May 21, 2026.

At what prices were the RingCentral (RNG) CFO’s reported transactions executed?

The CFO’s open-market sale was executed at $42.058 per share for 4,044 shares. A separate 4,191-share disposition to the issuer for tax withholding related to RSU vesting was recorded at $43.51 per share, reflecting a higher price on the earlier date.

How many RingCentral (RNG) shares does the CFO hold after these transactions?

After the reported transactions, Vaibhav Agarwal directly holds 132,181 shares of RingCentral Class A Common Stock. This post-transaction holding figure comes from the Form 4 and reflects his remaining direct ownership position following the May 2026 trades.

Was the RingCentral (RNG) CFO’s stock sale under a Rule 10b5-1 trading plan?

Yes. The 4,044-share open-market sale on May 21, 2026 was effected pursuant to a Rule 10b5-1 trading plan adopted by Vaibhav Agarwal on September 15, 2025, indicating the transaction was pre-arranged rather than opportunistic.