Kira Makagon

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 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.

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 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.