Arora Tarun 4

4 · RingCentral, Inc. · Filed Jun 2, 2026

AI-generated summary of this filing

Updated Jun 2, 2026

RingCentral (RNG) CAO Tarun Arora Sells Shares, Receives RSU Award

What Happened

Tarun Arora, Chief Accounting Officer of RingCentral (RNG), reported multiple transactions on 2026-05-29 (and a related remittance on 2026-06-01). He sold a total of about 3,615 shares in two open-market transactions on 5/29 for roughly $155,447 (1,100 shares @ $42.27 = $46,492; 2,515 shares @ $43.32 = $108,955). On 6/01 he disposed of 4,322 shares in connection with payment of tax liabilities/exercise obligations for about $212,210 (4,322 @ $49.10). He also received a grant of 25,725 restricted stock units (RSUs) on 5/29 (grant value reported as $0.00).

Key Details

Transaction dates and prices:
- 2026-05-29: Open-market sale — 1,100 shares @ $42.27 (total $46,492). (Weighted-price range reported: $41.86–$42.83.)
- 2026-05-29: Open-market sale — 2,515 shares @ $43.32 (total $108,955). (Weighted-price range reported: $42.88–$43.75.)
- 2026-05-29: Grant — 25,725 RSUs @ $0.00 (award).
- 2026-06-01: Tax/exercise remittance — 4,322 shares @ $49.10 (total $212,210).
Total disposed proceeds reported: approximately $367,657 across the three dispositions.
Shares owned after the transactions: not disclosed in the provided filing details.
Notable footnotes:
- One sale was executed under a Rule 10b5-1 trading plan adopted March 14, 2025.
- The RSUs will vest in equal quarterly installments over two years beginning June 1, 2026.
- The 4,322-share disposition was an exempt remittance to the issuer to satisfy tax withholding arising from RSU vesting.
Filing: Form 4 filed with accession date 2026-06-02 reporting the May 29, 2026 transactions.

Context

These transactions combine routine open-market sales (and a 10b5-1-plan sale) with an RSU award and the remittance of shares to cover tax obligations. Remitting shares to the issuer to satisfy withholding is a common, administrative step when equity awards vest and does not by itself indicate a directional view.
Awards (RSUs) are a compensation event — they vest over time rather than an immediate “buy” signal. Sales under a pre-established 10b5-1 plan are typically scheduled in advance.

Form 4

Period: 2026-05-29

Chief Accounting Officer

Transactions

Sale
Class A Common Stock
[F1][F2]
2026-05-29$42.27/sh−1,100$46,492→ 70,615 total
Sale
Class A Common Stock
[F1][F3]
2026-05-29$43.32/sh−2,515$108,955→ 68,100 total
Award
Class A Common Stock
[F4]
2026-05-29+25,725→ 93,825 total
Tax Payment
Class A Common Stock
[F5]
2026-06-01$49.10/sh−4,322$212,210→ 89,503 total

Footnotes (5)

[F1]This sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 14, 2025.
[F2]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $41.86 to $42.83, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (2) and (3) to this Form 4.
[F3]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $42.88 to $43.75, inclusive.
[F4]Represents Restricted Stock Units ("RSUs") that will vest in equal quarterly installments over a two year period commencing on June 1, 2026.
[F5]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.

Signature

/s/ Ashley Ta, Attorney-in-fact|2026-06-02

1 file