Marlow John H 4

What Happened
John H. Marlow, SVP, Chief Administrative Officer & General Counsel of RingCentral (RNG), was awarded 4,068 restricted stock units (RSUs) on May 20, 2026 (grant price reported as $0) and, on the same date, remitted 9,145 shares at $43.51 per share (total value $397,899) to the issuer to satisfy tax withholding obligations arising from RSU vesting. The RSUs were granted in lieu of a cash bonus for Q1 2026 and were fully vested as of the grant date.

Key Details

• Transaction dates: May 20, 2026 (award of RSUs and share remittance for tax withholding).
• Award: 4,068 RSUs granted (acquisition code A, $0.00 per share reported).
• Tax withholding: 9,145 shares disposed at $43.51 each for a total of $397,899 (disposition code F). This was an exempt disposition to the issuer under Rule 16b-3(e).
• Additional note: Footnote indicates 923 shares were acquired under the company’s Employee Stock Purchase Plan on May 12, 2026.
• Shares owned after the transaction: not specified in the provided filing.
• Filing timeliness: Form filed May 22, 2026 for transactions on May 20, 2026 (filed within the typical 2-business-day window).

Context
This was an RSU grant that vested (not an open-market purchase or a traditional option exercise). The remittance of shares to the company was to satisfy tax withholding obligations (a common, non-market sale action), not an indication of a market sell-off. Several footnotes show some shares are held in family trusts for the benefit of the reporting person and children (the reporting person and spouse are co-trustees).