RingCentral (RNG) Chief Accounting Officer Tarun Arora Sells Shares

What Happened Tarun Arora, RingCentral's Chief Accounting Officer, disposed of shares in two related transactions. On 2026-09-01 he surrendered 4,323 shares (reported as an F-code disposition) to satisfy tax withholding on vesting restricted stock units, valued at $70.77 per share (~$305,939). On 2026-09-03 he sold 954 shares in an open-market transaction at $77.00 per share for $73,458. Combined proceeds/withheld value total about $379,397. These were dispositions (sales/withholding), not purchases.

Key Details

• Filing date: 2026-09-03; Period of Report: 2026-09-01 (Form 4 filed timely).
• 2026-09-01: 4,323 shares surrendered @ $70.77 each (F-code) → $305,939 (tax withholding on RSU vesting).
• 2026-09-03: 954 shares sold open market (S-code) @ $77.00 → $73,458.
• The 2026-09-03 sale was made under a Rule 10b5-1 trading plan adopted May 22, 2026 (footnote).
• The surrender was an exempt disposition to the issuer under Rule 16b-3(e) to satisfy tax withholding (footnote).
• Shares owned after the transactions are not provided in the excerpt supplied.

Context

• The 4,323-share transfer was a tax-withholding event related to RSU vesting (not an independent sale for cash); the separate 954-share sale was an open-market disposition executed under a pre-established 10b5-1 plan. Dispositions by executives are common for tax or diversification reasons; this summary is factual and does not infer motive.