RNG RingCentral, Inc. Insider Trading

RNG CEO Shmunis sells 27,252 shares for $1,046,281.80 via scheduled 10b5-1 plan (2026-06-15/16)

Vladimir Shmunis executed 4 separate sales totaling 27,252 shares for $1,046,281.80 at a blended average price of $38.39 on 2026-06-15 and 2026-06-16, reducing his holdings from 257,323 shares to 230,071 shares. This transaction is part of a pre-arranged 10b5-1 trading plan adopted on 2026-03-13, making it scheduled rather than discretionary. The current stock price of $35.58 is -28.6% from the 52-week high of $49.85 and down -12.5% over the past 30 days. Across his prior RNG trades in February 2026, Shmunis' prior sales resulted in 90-day returns ranging from +10.7% to +23.0%, though such historical patterns do not predict outcomes of scheduled 10b5-1 executions. The company's fundamentals show revenue of $644,199,000.00 and net income of $30,618,000.00 in the latest quarter, with annual revenue growth of +4.8% and a P/E of 15.67.

RNG President and COO Kira Makagon sells 16,988 shares for $722,673.71 via scheduled 10b5-1 plan

Kira Makagon executed 2 separate sales totaling 16,988 shares for $722,673.71 under a pre-arranged 10b5-1 trading plan adopted on 2025-03-14, reducing her holdings from 229,712 shares to 212,724 shares. The transactions were executed at blended average price of $42.54, slightly above the current price of $41.90. As a scheduled disposition under a 10b5-1 plan, this sale reflects a predetermined trading schedule rather than discretionary market judgment. Makagon's prior trades at RNG show mixed near-term outcomes, with 30-day returns ranging from +0.6% to +14.7% and 90-day returns from +13.8% to +18.4% following her prior sales at this ticker.

RNG President/COO Makagon sells 50,710 shares across 4 transactions for $1,815,294.61 (blended avg $35.80)

Makagon Kira, President and COO, executed 4 separate sales totaling 50,710 shares for $1,815,294.61 on 2026-03-26 and 2026-03-27, reducing her holdings from 293,295 shares to 242,585 shares (-17.3%). The blended average sale price of $35.80 falls between the current price of $35.36 and the 52-week high of $42.02 (-15.8% from peak). At the same ticker, her prior sells have shown mixed timing outcomes, with only 0 of 1 measurable 90-day results showing a decline after sale. The company trades at a P/E of 11.41 and posted annual revenue growth of +4.8% with $17.6M net income on $638.7M revenue in the latest quarter. The transaction volume and time window (two consecutive trading days) fall within the range of her recent selling activity at RNG (multiple sells in February 2026).

RNG CFO Agarwal sells 18,680 shares at $36.33; post-sale holds 139,493 shares (-11.8%)

Vaibhav Agarwal, CFO of RingCentral, sold 18,680 shares at $36.33 on 2026-03-02, reducing his stake by 11.8% to 139,493 shares. This represents a material reduction in his equity stake, with the sale occurring at a price that sits 6.8% below the 52-week high of $39.50. Agarwal's prior sell at RNG on 2025-02-28 generated a 90-day return of -9.3%, aligning with his cross-ticker track record where 100% of prior sells were well-timed (stocks fell after). However, the current 30-day price movement of +42.3% suggests the stock has rebounded sharply since this sale, and the company's modest fundamentals—4.8% annual revenue growth, $17.6M net income on $638.7M revenue, and a P/E of 11.88—provide limited context for assessing whether this sell reflects conviction-based rebalancing or tactical execution.

RNG COO Makagon sells 22,196 shares for $780,278.91; holds 339,545 post-sale.

Makagon Kira, President and COO, executed 2 separate sales totaling 22,196 shares for $780,278.91 on 2026-02-27, reducing her holdings by 6.1% to 339,545 shares. The sales occurred at prices of $35.15 (blended average) just below the current market price of $36.45 and well below the 52-week high of $39.50. Her prior sale at this ticker on 2026-02-20 remains recent, suggesting active portfolio management over a short window. Across her open-market history at all tickers, prior sells averaged a 90-day return of +9.1% (poorly timed, as the stock rose after she sold), with a 0.00% well-timed rate, suggesting past sales have not preceded declines. RingCentral's fundamentals show a modest P/E of 11.76 and annual revenue growth of +4.8%, but the stock is up 35.0% over 30 days and +29.1% over 90 days—a steep recent rally that may provide context for near-term sales.

CEO Vladimir Shmunis sold 141,115 shares of RNG for $5,007,176.46 via scheduled 10b5-1 plan, reducing stake by 52.7%

Vladimir Shmunis, CEO and Chairman of RingCentral, executed 8 separate sales totaling 141,115 shares for $5,007,176.46 on February 23-24, 2026, at prices ranging from $34.42 to $39.34. This transaction reduced his holdings from 267,800 shares to 126,685 shares, a 52.7% reduction in his pre-transaction position. Critically, this transaction is part of a pre-arranged 10b5-1 trading plan adopted on 2025-03-13, meaning the sales were scheduled in advance and not a discretionary decision made at the time of execution. The structured, multi-tranche execution across two trading days at varying prices indicates systematic liquidation through a planned divestiture program rather than a single market order.

RNG COO Makagon Kira sells 46,960 shares at $35.49; stock up 31.2% in 30 days but unprofitable on annual basis with P/E of 97.75

Makagon Kira, President and COO, sold 46,960 shares of RingCentral at $35.49, representing an 11.5% reduction of her 408,701-share pre-transaction position. The sale occurred on a stock trading near its 52-week midpoint ($35.49 vs. 52-week range of $21.51–$39.50), following a strong 31.2% 30-day rally. However, the company's fundamentals present a contrasting picture: RingCentral reported a net loss at the full-year level despite $638.7M in quarterly revenue and 9.0% annual growth, and trades at an elevated P/E of 97.75, suggesting significant valuation risk. At the same ticker, Makagon's prior sell in June 2025 was followed by a 90-day return of +9.1%, indicating that stock appreciated after her previous exit. The current transaction timing—following a month of strong gains in a fundamentally challenged, expensive stock—does not appear aligned with the pattern that would characterize well-timed insider selling.

RNG CEO Shmunis sold 73,862 shares for $2,007,426.77 under pre-arranged 10b5-1 plan

Vladimir Shmunis, CEO and Chairman of RingCentral, executed 3 separate sales totaling 73,862 shares for $2,007,426.77 between November 21–24, 2025, reducing his holdings from 336,102 shares to 262,240 shares. This transaction is part of a scheduled 10b5-1 trading plan adopted on 2025-03-13, meaning the sales were pre-arranged and not discretionary. The blended average price of $27.18 reflects the prices at execution across the three separate transactions. Since this activity is governed by a pre-arranged plan rather than discretionary timing decisions, it does not carry the same interpretive weight as opportunistic open-market activity by the CEO.

RNG CEO Shmunis sold 73,950 shares for $2,184,016.69 across 3 transactions; holds 407,529 post-sale.

Vladimir Shmunis, RNG's CEO and Chairman, executed 3 separate sales totaling 73,950 shares for $2,184,016.69 at an blended average price of $29.53 on 2025-08-21 to 2025-08-22, reducing his holdings by 15.4%. The current stock price of $30.87 is 26.2% below the 52-week high of $41.82, and the stock has rallied 10.5% over the prior 30 days and 19.0% over the prior 90 days following a period of weakness. His prior same-ticker history at RNG shows 2 well-timed sells (negative 90-day returns) out of 5 prior transactions, and his cross-ticker track record reflects a 55.00% well-timed rate on 20 prior sells with an average 90-day return of +0.4%. RNG remains unprofitable on a full-year basis despite recent quarterly revenue of $620,398,000.00 and annual revenue growth of 9.0%, which provides limited fundamental anchors for interpreting the director's disposition.

RNG President/COO Makagon sells 21,185 shares ($586.6K) at $27.69; retains 413,131 shares (-4.9%)

Makagon sold 21,185 shares at $27.69 on 2025-06-27, reducing holdings by 4.9% while maintaining a substantial position of 413,131 shares post-transaction. The sale occurred at a price approximately 2.3% below the current market price of $28.35, which has risen 9.3% over 30 days and 11.8% over 90 days despite the stock trading 32.2% below its 52-week high of $41.82. RingCentral remains unprofitable with a net loss of $10.3M in the most recent period, though the company achieved 9.0% annual revenue growth to $612.1M. The partial reduction in a president-level executive's substantial position warrants investor attention given the company's recent profitability challenges, but the continued ownership of over 400K shares suggests ongoing alignment with shareholder interests.