McClelland Bruce William 4

What Happened

• Bruce McClelland, President & CEO and a director of Ribbon Communications (RBBN), made three open-market purchases (transaction code P) totaling 37,000 shares between Feb 10 and Feb 13, 2026. The purchases were: 12,000 shares @ $2.06 ($24,702) on 2026-02-10; 12,500 shares @ $1.99 ($24,855) on 2026-02-11; and 12,500 shares @ $1.98 ($24,750) on 2026-02-13. Total cash spent across the three trades was $74,307. Purchases are commonly viewed as a stronger signal of insider confidence than sales, though motivations are not disclosed.

Key Details

• Transaction dates & prices:
  • 2026-02-10: 12,000 shares at $2.06 ($24,702)
  • 2026-02-11: 12,500 shares at $1.99 ($24,855)
  • 2026-02-13: 12,500 shares at $1.98 ($24,750)
• Total acquired: 37,000 shares for $74,307.
• Shares owned after transaction: Not specified in the information provided here; see the Form 4 for reported beneficial ownership totals.
• Notable footnotes/plans: No 10b5-1 plan, tax withholding, or other footnotes were provided in the summary data you supplied.
• Filing timeliness: The Form 4 was filed on 2026-02-13. The Feb 10 purchase appears to have been reported after the two-business-day deadline for Form 4 filings (so may be a late report); the Feb 11 and Feb 13 trades appear to have been filed on time.

Context

• These were straightforward open-market purchases (code P). Purchases by an active CEO are often watched by investors as a potentially bullish sign, but the filing contains no explanation of intent. For full details (including post-transaction ownership and any filing footnotes), consult the official Form 4 on the SEC EDGAR system (Accession 0001708055-26-000006).