RingCentral COO Sells Shares Under Pre-Set Trading Plan
Kira Makagon, President and COO of RingCentral (RNG), sold 36,185 shares for $2.5 million on September 14, 2026, under a Rule 10b5-1 trading plan established earlier that year. The transaction was disclosed via an SEC Form 4 filing and reflects Makagon's ongoing efforts to manage personal liquidity in accordance with pre-established guidelines. Following the sale, Makagon still holds 245,385 shares directly valued at approximately $17.75 million based on market close prices. The company reported trailing twelve-month revenue of $2.6 billion and net income of $110 million as of September 2026. The stock had a strong one-year total return of 138% prior to the transaction, with shares closing at $72.32 on the day of the sale and rising slightly in subsequent trading.
Tickers: $RNG
Topics: insider trading RingCentral SEC filing