Accepted (ET)
4:10 PM
Sep 1, 2026
Filed
Sep 1, 2026
Documents
1
Size
5.4 KB
Summary
RingCentral (RNG) CAO Tarun Arora Sells 4,568 Shares
What Happened
Tarun Arora, Chief Accounting Officer of RingCentral (RNG), disposed of 4,568 shares in an open-market/private sale on August 28, 2026. The reported weighted-average sale price was $69.60 per share, for total proceeds of approximately $317,942. This sale was executed pursuant to a Rule 10b5-1 trading plan adopted by Arora on May 22, 2026, which typically pre-schedules transactions.
Key Details
- Transaction date: August 28, 2026
- Transaction type/code: Sale (S) — open market or private sale
- Shares sold: 4,568 | Weighted-average price: $69.60 | Total proceeds: ~$317,942
- Price range: $69.07 to $70.00 (sales occurred in multiple trades; exact per-trade quantities available on request per filer)
- Plan: Executed under a Rule 10b5-1 plan adopted May 22, 2026 (Footnote F1)
- Filing: Form 4 filed September 1, 2026 — appears later than the typical two-business-day filing window for Form 4s (i.e., may be a late filing)
- Shares owned after transaction: Not disclosed in the provided filing details
Context
- Sales under 10b5-1 plans are pre-arranged and common among insiders to avoid timing concerns; such sales are often routine and do not necessarily indicate a change in outlook.
- For retail investors, purchases generally carry more direct informational weight than routine sales; this single sale simply documents insider disposition under a pre-existing plan.