THEIS ROBERT I 4

What Happened Robert Theis, a director of RingCentral, sold 2,530 shares on July 2, 2026 at $40.28 per share, generating proceeds of $101,908. The transaction is reported as an open-market/private sale (S) and is a disposition of existing shares rather than a purchase or award.

Key Details

• Transaction date: 2026-07-02
• Shares sold: 2,530 at $40.28 each; total proceeds $101,908
• Method: Open-market sale (reported as "Open market or private sale")
• Footnote: Sale executed pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 22, 2025 (pre-arranged trading plan)
• Shares owned after transaction: not specified in the information provided
• Filing date: 2026-07-02 (no late filing indicated based on provided dates)

Context Sales made under a 10b5-1 plan are pre-scheduled and commonly used by insiders to systematically sell shares; they do not necessarily indicate a change in the insider’s view of the company. For retail investors, outright purchases by insiders are generally the stronger bullish signal; routine planned sales are usually neutral from an informational standpoint.