Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

RingCentral, Inc. Director's Dealing 2025

Feb 25, 2025

31440_dirs_2025-02-24_0b5b31c0-3f5a-4055-af3f-21666d9f0d79.zip

Director's Dealing

Open in viewer

Opens in your device viewer

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: RingCentral, Inc. (RNG)
CIK: 0001384905
Period of Report: 2025-02-20

Reporting Person: Marlow John H (N/A)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2025-02-20 Class A Common Stock A 3480 Acquired 329857 Direct
2025-02-20 Class A Common Stock A 41721 Acquired 371578 Direct
2025-02-21 Class A Common Stock S 22034 $28.793 Disposed 349544 Direct
2025-02-21 Class A Common Stock S 945 $29.50 Disposed 348599 Direct
2025-02-24 Class A Common Stock S 17798 $28.227 Disposed 330801 Direct
2025-02-24 Class A Common Stock S 17291 $28.898 Disposed 313510 Direct

Holdings (Non-Derivative)

Security Shares Ownership
Class A Common Stock 12080 Indirect
Class A Common Stock 12550 Indirect

Footnotes

F1: Represents restricted stock units ("RSUs") that were fully vested as of the grant date. These RSUs were granted pursuant to the Issuer's Key Employee Equity Bonus Plan, in lieu of a cash bonus earned for the fourth quarter of 2024.

F2: Represents performance-based restricted stock units ("PSUs"). The number of shares reported is the achievement of certain performance goals, as certified by the Issuer's Compensation Committee on February 20, 2025, with respect to performance awards granted to the Reporting Person on May 19, 2024. 1/2 of the PSUs subject to this award vested on February 20, 2025; and 1/8th of the PSUs shall vest in equal quarterly increments thereafter.

F3: These sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 12, 2024.

F4: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $28.26 to $29.25, 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 (4) through (7) to this Form 4.

F5: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $29.40 to $29.595, inclusive.

F6: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $27.67 to $28.66, inclusive.

F7: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $28.675 to $29.05, inclusive.

F8: Shares held in The M&M Family 2020 Irrevocable Trust. The Reporting Person and his spouse are co-trustees of this trust.

F9: Shares held in trusts for the benefit of the Reporting Person's children. The Reporting Person and his spouse are co-trustees of these trusts.