Shmunis Vladimir 4

What Happened

• Vladimir Shmunis, RingCentral's CEO and Chairman, received an award of 140,207 performance-based restricted stock units (PSUs) on 2026-02-10. The reported acquisition price is $0.00, reflecting a grant of RSUs (not a purchased stake). These shares are the above-target portion of a PSU award tied to 2025 performance and were certified by the Compensation Committee.

Key Details

• Transaction type/code: Award/Grant (A)
• Transaction date: 2026-02-10; Filing date: 2026-02-12 (Accession 0001586647-26-000002)
• Shares granted: 140,207 PSUs; reported acquisition price: $0.00
• Vesting: All shares reported will vest on 2026-02-21 (relates to the first tranche based on 2025 performance)
• Additional PSU info: Remaining PSUs from the same grant remain subject to future (2026) performance goals
• Shares owned after transaction: not specified in the provided summary—see the full Form 4 for total beneficial ownership

Context

• PSUs convert to actual shares only if performance and vesting conditions are met; no cash changed hands at grant. Awards are part of executive compensation to align pay with company performance and do not by themselves indicate immediate buying or selling sentiment. This filing appears timely (filed two days after the report date).