Agarwal Vaibhav 4

What Happened Vaibhav Agarwal, Chief Financial Officer of RingCentral (RNG), was awarded 29,210 performance-based restricted stock units (PSUs) on February 10, 2026. The grant was reported as an acquisition (award) at $0.00 per share (typical for RSUs); no cash was paid by the insider. According to the filing, these shares represent above-target achievement for 2025 performance and will vest in full on March 1, 2026.

Key Details

• Transaction date: 2026-02-10; Filing date: 2026-02-12 (timely).
• Transaction type/code: Award/Grant (A).
• Shares granted: 29,210 PSUs; reported price: $0.00; reported total value: $0.
• Vesting: All 29,210 shares will vest on March 1, 2026.
• Footnote: F1 states these are performance-based RSUs representing above-target achievement for 2025 (certified Feb 10, 2026); remaining PSUs from the May 20, 2025 grant will vest based on 2026 performance.
• Shares owned after transaction: not specified in the Form 4.

Context These are performance-based RSUs awarded by the company as compensation tied to 2025 results; such awards are routine executive compensation and are not an open-market purchase or sale. Because the filing was made two days after the transaction date, it appears timely under normal reporting expectations.