Vaibhav Agarwal - May 20, 2025 Form 4 Insider Report for RingCentral, Inc. (RNG)

Role
CTrO and Deputy CFO
Signature
/s/ John Marlow, Attorney-in-fact
Stock symbol
RNG
Transactions as of
May 20, 2025
Transactions value $
-$824,949
Form type
4
Date filed
5/22/2025, 08:15 PM
Previous filing
May 16, 2025
Next filing
Aug 6, 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Agarwal Vaibhav CTrO and Deputy CFO C/O RINGCENTRAL, INC., 20 DAVIS DRIVE, BELMONT /s/ John Marlow, Attorney-in-fact 2025-05-22 0001772661

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RNG Class A Common Stock Award $0 +63.3K +52.36% $0.00 184K May 20, 2025 Direct F1
transaction RNG Class A Common Stock Tax liability -$423K -15.5K -8.39% $27.34 169K May 20, 2025 Direct F2
transaction RNG Class A Common Stock Sale -$402K -15K -8.86% $26.88 154K May 21, 2025 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

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).

Explanation of Responses:

Id Content
F1 Represents Restricted Stock Units ("RSUs") that will vest in equal quarterly installments over a two year period commencing on May 20, 2025.
F2 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 RSUs.
F3 This sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on September 13, 2024.
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $26.60 to $27.08, 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 (4) to this Form 4.