Makagon Kira 4

4 · RingCentral, Inc. · Filed Mar 27, 2026

AI-generated summary of this filing

Updated Mar 27, 2026

RingCentral (RNG) COO Kira Makagon Sells Shares

What Happened

Kira Makagon, President and Chief Operating Officer of RingCentral (RNG), reported four open‑market sales on March 26–27, 2026, disposing of a total of 50,710 shares for aggregate proceeds of $1,815,295.
- 3/26/2026 — 3,800 shares at $35.65 each — $135,478
- 3/26/2026 — 2,070 shares at $36.28 each — $75,104
- 3/27/2026 — 39,058 shares at $35.68 each — $1,393,433
- 3/27/2026 — 5,782 shares at $36.54 each — $211,280
These were sales (S) — not purchases or option exercises — which are typically routine dispositions rather than direct signals about company prospects.

Key Details

Transaction dates: March 26–27, 2026; Form 4 filed March 27, 2026 (timely under Form 4 rules).
Total shares sold: 50,710; total proceeds: $1,815,295.
Prices reported are weighted averages; individual trade prices across the transactions ranged roughly from $35.00 to $36.68 per share. The filer states they will provide a full per‑price breakdown upon request.
At least one of the sales was executed pursuant to a Rule 10b5‑1 trading plan adopted March 14, 2025.
Shares owned after the transactions: not disclosed in the provided Form 4.

Context

These were straight sales of existing shares. Sales under a 10b5‑1 plan are pre‑scheduled and often executed regardless of short‑term company developments. For retail investors, purchases by insiders are usually more indicative of conviction; sales can be routine (tax planning, diversification, scheduled plans) and should be interpreted with caution.

Form 4

Period: 2026-03-26

President and COO

Transactions

Sale
Class A Common Stock
[F1][F2]
2026-03-26$35.65/sh−3,800$135,478→ 289,495 total
Sale
Class A Common Stock
[F1][F3]
2026-03-26$36.28/sh−2,070$75,104→ 287,425 total
Sale
Class A Common Stock
[F1][F4]
2026-03-27$35.68/sh−39,058$1,393,433→ 248,367 total
Sale
Class A Common Stock
[F1][F5]
2026-03-27$36.54/sh−5,782$211,280→ 242,585 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 $35.17 to $36.16, 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) through (5) 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 $36.175 to $36.38, inclusive.
[F4]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $35.00 to $35.98, inclusive.
[F5]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $36.01 to $36.68, inclusive.

Signature

/s/ Ashley Ta, Attorney-in-fact|2026-03-27

1 file