Makagon Kira 4

What Happened

• Kira Makagon, President and Chief Operating Officer of RingCentral, sold a total of 22,196 shares on February 27, 2026, in two open-market dispositions. The larger block was 22,013 shares at a weighted-average price of $35.15 (proceeds $773,691) and an additional 183 shares at $36.00 (proceeds $6,588). Total reported proceeds ≈ $780,279. These were sales (not purchases), which are commonly routine insider liquidity events.

Key Details

• Transaction date: 2026-02-27.
• Shares sold: 22,013 @ $35.15 (weighted average; range $34.81–$35.41) and 183 @ $36.00; total 22,196 shares.
• Total proceeds: approximately $780,279.
• Footnotes: Sales were executed under a Rule 10b5-1 trading plan adopted March 14, 2025 (F1). The $35.15 price is a weighted average across multiple trades; detailed per-price breakdown available on request as noted in the filing (F2).
• Shares owned after transaction: not provided in the summary data supplied here (refer to the Form 4 for holdings reported).
• Filing date / report period: Form filed with accession 0001586648-26-000008, dated February 27, 2026. No late-filing indication provided in the information shown.

Context

• These sales were made under a pre-established 10b5-1 plan, which typically means trades were scheduled in advance and reduces the implication that the insider was trading on nonpublic, transaction-specific information. Sales do not necessarily signal a negative view of the company; retail investors often view purchases as more informative than routine sales.
• For more detail (exact number of shares sold at each price within the reported range, or post-transaction holdings), consult the full Form 4 filing or request the per-price breakdown referenced in the footnote.