Makagon Kira 4
4 · RingCentral, Inc. · Filed May 28, 2026
Research Summary
AI-generated summary of this filing
RingCentral (RNG) President & COO Kira Makagon Sells Shares
What Happened
- Kira Makagon, President and Chief Operating Officer of RingCentral (RNG), sold a total of 16,988 shares on May 27, 2026 in open-market transactions for aggregate proceeds of about $722,674. The sales were reported as two transactions: 11,378 shares at a weighted-average price of $42.32 (≈ $481,494) and 5,610 shares at a weighted-average price of $42.99 (≈ $241,180).
- These were sales (not purchases), which are typically routine disposals rather than an explicit bullish signal.
Key Details
- Transaction date: May 27, 2026.
- Prices and ranges:
- 11,378 shares — reported weighted avg $42.32; actual trades ranged $41.82–$42.81 (per filing footnote).
- 5,610 shares — reported weighted avg $42.99; actual trades ranged $42.82–$43.145 (per filing footnote).
- Aggregate proceeds: ≈ $722,674.
- Plan/footnotes: The sales were effected pursuant to a Rule 10b5-1 trading plan adopted by Makagon on March 14, 2025 (footnote F1). The filing notes weighted-average prices and offers to provide per-price breakdowns on request (footnotes F2, F3).
- Shares owned after transaction: Not disclosed in the supplied filing details.
- Timeliness: Filing date May 28, 2026 (reporting period May 27, 2026) — appears filed promptly the next day.
Context
- These transactions were executed under a pre-established 10b5-1 plan, which allows insiders to sell shares according to a preset schedule and is commonly used to avoid the appearance of trading on inside information.
- Sales do not necessarily indicate negative views about the company; they can be for diversification, tax, or personal-liquidity reasons.
Insider Transaction Report
Form 4
Makagon Kira
President and COO
Transactions
- Sale
Class A Common Stock
[F1][F2]2026-05-27$42.32/sh−11,378$481,494→ 218,334 total - Sale
Class A Common Stock
[F1][F3]2026-05-27$42.99/sh−5,610$241,180→ 212,724 total
Footnotes (3)
- [F1]These sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 14, 2025.
- [F2]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $41.82 to $42.81, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (2) and (3) to this Form 4.
- [F3]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $42.82 to $43.145, inclusive.
Signature
/s/ Ashley Ta, Attorney-in-fact|2026-05-28