Vaibhav Agarwal - 15 May 2025 Form 4 Insider Report for RingCentral, Inc. (RNG)

Signature
/s/ John Marlow, Attorney-in-fact
Issuer symbol
RNG
Transactions as of
15 May 2025
Net transactions value
-$127,804
Form type
4
Filing time
16 May 2025, 19:52:41 UTC
Previous filing
04 Mar 2025
Next filing
22 May 2025

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 16 May 2025 0001772661

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RNG Class A Common Stock Award $0 +4,566 +3.8% $0.000000 125,548 15 May 2025 Direct F1, F2
transaction RNG Class A Common Stock Tax liability $64,955 -2,319 -1.8% $28.01 123,229 15 May 2025 Direct F3
transaction RNG Class A Common Stock Sale $62,849 -2,247 -1.8% $27.97 120,982 16 May 2025 Direct 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 were fully vested as of the grant date. These RSUs were granted pursuant to the Issuer's Key Employee Equity Bonus Plan, in lieu of a cash bonus earned for the first quarter of 2025.
F2 Includes 659 shares acquired under the Issuer's Employee Stock Purchase Plan on May 12, 2025.
F3 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.
F4 This sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on September 13, 2024.