Shmunis Vladimir 4

What Happened
Vladimir Shmunis, CEO and Chairman of RingCentral (RNG), sold a total of 27,252 shares in open-market transactions on June 15–16, 2026, producing aggregate gross proceeds of about $1,046,281. The sales were reported as dispositions (code S) and executed at weighted-average prices in the high $37 to $39.50 range. These were routine sales (not purchases) and were made pursuant to a pre-established Rule 10b5-1 trading plan.

Key Details

• Transaction dates: June 15, 2026 and June 16, 2026. Filing date: June 17, 2026 (Form 4 accession 0001586647-26-000008). Filing appears timely.
• Individual sales reported:
  • 6/15/2026: 14,832 shares @ $38.48 (≈ $570,750)
  • 6/15/2026: 724 shares @ $39.30 (≈ $28,452)
  • 6/16/2026: 10,105 shares @ $38.15 (≈ $385,536)
  • 6/16/2026: 1,591 shares @ $38.68 (≈ $61,543)
• Total: 27,252 shares sold for ~ $1,046,281.
• Weighted-average and per-trade price ranges: the filing shows multiple execution prices with reported ranges across trades roughly from $37.39 up to $39.505. The filer offered to provide a breakdown of share counts at each separate price on request.
• Footnotes: F1 — sales were effected pursuant to a Rule 10b5-1 plan adopted March 13, 2026. F2–F5 — indicate weighted-average reporting and the per-trade price ranges.
• Shares owned after the transactions: not provided in the excerpt here — check the full Form 4 for post-transaction holdings.

Context

• 10b5-1 plan: Because these sales were executed under a pre-established 10b5-1 trading plan, they were likely scheduled in advance and do not necessarily reflect the insider’s current view of the company.
• For retail investors: sales by executives can be routine (e.g., diversification, liquidity, planned disposals). Purchases generally carry more weight as a bullish signal. This filing documents disclosures required by the SEC and does not explain the insider’s motivation.