Makagon Kira 4

What Happened Kira Makagon, President and COO of RingCentral (RNG), was granted 4,520 restricted stock units (RSUs) on 2026-05-15 (reported as an acquisition at $0.00). On the same date she surrendered 2,300 shares at $41.05 each—totaling $94,415—to the issuer to satisfy tax withholding obligations arising from the RSU vesting. The RSUs were fully vested as of the grant date and were granted in lieu of a Q1 2026 cash bonus.

Key Details

• Transaction date: 2026-05-15; Form 4 filed 2026-05-19 (timely within required filing window).
• Grant (Code A): 4,520 RSUs acquired, reported at $0.00 per share.
• Tax withholding (Code F): 2,300 shares disposed at $41.05 = $94,415 remitted to issuer.
• Shares owned after the transactions: not disclosed in this filing.
• Footnotes: F1—RSUs were fully vested and granted under the issuer's Key Employee Equity Bonus Plan in lieu of a cash bonus. F2—The 2,300-share disposition was an exempt remittance to the issuer under Rule 16b-3(e) to satisfy tax withholding.
• Filing status: timely (no late filing flag reported).

Context This was a compensation-related vesting event, not an open-market sale or a purchase. The surrender of shares was a routine, tax-withholding action common when RSUs vest (a form of cashless settlement), and should be interpreted as payroll/compensation processing rather than a directional insider trade signal.