RingCentral (RNG) COO Kira Makagon Remits 9,222 Shares for Tax Withholding

What Happened
Kira Makagon, President and Chief Operating Officer of RingCentral, remitted 9,222 shares on August 20, 2026 at $65.58 per share, a disposition valued at approximately $604,779. This was an exempt disposition to the issuer to satisfy tax withholding obligations arising from the vesting of Restricted Stock Units (RSUs) — not an open-market sale.

Key Details

• Transaction date and price: 2026-08-20; 9,222 shares at $65.58 each (total ≈ $604,779).
• Transaction code: F (payment of exercise price or tax liability via share remittance).
• Footnote: Under Rule 16b-3(e), the reporting person remitted shares to the issuer to satisfy tax withholding from RSU vesting.
• Shares owned after transaction: not disclosed in the provided filing excerpt.
• Filing: Reported on 2026-08-24 — filed within the typical two-business-day Form 4 window (timely).

Context
This was a routine tax-withholding share surrender tied to RSU vesting (a common practice where insiders remit shares to cover taxes). Such transactions are administrative and do not necessarily signal insider sentiment about the stock, unlike open-market purchases or planned sales.