Marlow John H 4
4 · RingCentral, Inc. · Filed Jun 2, 2026
Research Summary
AI-generated summary of this filing
RingCentral (RNG) GC John Marlow Receives RSU Award; Remits Shares
What Happened
- John H. Marlow, RingCentral's Senior VP, Chief Administrative Officer & General Counsel, was granted 45,019 restricted stock units (RSUs) on 2026-05-29 (acquisition at $0.00). On 2026-06-01 he remitted 6,893 shares to the issuer to satisfy tax withholding obligations; those shares were disposed at $49.10 each for a cash value of $338,446. The grant is an award (not an open-market purchase) and the share remittance for taxes is a routine disposition.
Key Details
- Grant date: 2026-05-29 — 45,019 RSUs (no exercise price; awarded)
- Tax withholding disposition: 2026-06-01 — 6,893 shares @ $49.10 = $338,446
- Shares owned after transaction: Not specified in the filing
- Footnotes of note:
- F1: RSUs vest in equal quarterly installments over two years beginning June 1, 2026.
- F2: The remitted shares were sent to the issuer in an exempt disposition under Rule 16b-3(e) to cover withholding taxes.
- F3/F4: Some shares are held in family/children's trusts for which Marlow and his spouse are co‑trustees.
- Filing timeliness: Form 4 was filed 2026-06-02; the filing appears timely under the two-business-day rule for the reported transaction dates.
Context
- RSU grants are compensatory awards; they are not purchases and do not by themselves signal buying conviction. The remittance of shares to cover taxes is a common, routine transaction (a cashless withholding arrangement) when RSUs vest.
Insider Transaction Report
Form 4
Marlow John H
SVP, CAdO & GENERAL COUNSEL
Transactions
- Award
Class A Common Stock
[F1]2026-05-29+45,019→ 332,045 total - Tax Payment
Class A Common Stock
[F2]2026-06-01$49.10/sh−6,893$338,446→ 325,152 total
Holdings
- 12,080(indirect: By Trust)
Class A Common Stock
[F3] - 12,550(indirect: By Trust)
Class A Common Stock
[F4]
Footnotes (4)
- [F1]Represents Restricted Stock Units ("RSUs") that will vest in equal quarterly installments over a two year period commencing on June 1, 2026.
- [F2]In an exempt disposition to the issuer under Rule 16b-3(e), the Reporting Person remitted shares to the issuer in connection with the satisfaction of tax withholding obligations arising out of the vesting of RSUs.
- [F3]Shares held in The M&M Family 2020 Irrevocable Trust. The Reporting Person and his spouse are co-trustees of this trust.
- [F4]Shares held in trusts for the benefit of the Reporting Person's children. The Reporting Person and his spouse are co-trustees of these trusts.
Signature
/s/ John H. Marlow|2026-06-02