RNG RingCentral, Inc.

BEARISH Impact: 6/10 Insider Cluster (4 insiders)
Horizon days Filed Feb 23, 2026 Processed 2mo ago
Insider cluster: 5 insiders, $3.7M total
Final — all horizons settled through T+60d ⚠ clustered
RNG ▲ +18.35% at T+60d
SHORT call ✗ call lost -18.35% · α vs SPY -10.10% · entry $34.37 → $40.68
Currently $43.51 · -26.59% from $34.37 entry (call sign-flipped)
Entry anchored
Feb 20, 06:30 PM ET
via Databento tick
T+1d
+2.00%
call -2.00% · α -1.27%
$35.06
settled 3mo ago
T+5d
+4.77%
call -4.77% · α -4.15%
$36.01
settled 3mo ago
T+20d
+11.87%
call -11.87% · α -15.82%
$38.45
settled 2mo ago
T+60d
+18.35%
call -18.35% · α -10.10%
$40.68
settled 2d ago

Price Chart

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Executive Summary

Multiple RingCentral executives sold shares in the past week, including the President and COO selling $774K and the General Counsel surrendering shares for tax withholding worth $797K. The open-market sales total $123K from Guggenheim and $774K from Makagon, signaling notable insider selling.

Key Financial Metrics

Direction
selling
Total Value
$924.5K
Insiders
4

Actionable Insight

Monitor for further insider selling, especially from C-suite executives; consider whether this reflects broader concerns about valuation or upcoming earnings performance.

Key Facts

  • President and COO Kira Makagon sold $773,691 in open-market transactions.
  • General Counsel Marlow John H surrendered 21,864 shares worth $796,943 for tax withholding (non-cash event).
  • SVP Shenkan Amy Guggenheim sold $123,232 in shares.
  • Chief Accounting Officer Arora Tarun sold $26,900 in shares.
  • Total open-market selling by insiders: $924,523 over 7 days.

Financial Impact

$924,523 in net open-market selling by insiders, representing ~0.03% of RingCentral's $3.1B market cap

insider sentimentshareholder confidence

Risk Factors

  • Insider selling may signal lack of confidence in near-term prospects.
  • Tax-related share surrenders can create downward price pressure if perceived as forced selling.

Market Snapshot

Exchange
NYSE

Documents Analyzed

This report is based on 1 SEC document filed with EDGAR.

DocumentAccession Number
CONTEXT: Insider Cluster Data (4 trades, 7d window)cluster-RNG-1772658987106
5 reports for RNG
Performance horizon
33% Hit rate 1 of 3 directional calls best @ T+1▲ +12.25%Feb 20, 2026
Filters
Rows
Reports for RNG — sortable, filterable
Type Now
Apr 21, 2026
29d ago
Insider Cluster
NEUTRAL ★ 2/10
awaiting T+20
Mar 27, 2026
7w ago
Insider Cluster
BEARISH ★ 6/10
$35.20 $40.26▼ −14.38%▼ −1.64%$43.51 (−23.60%)
Feb 23, 2026
12w ago
Insider Cluster
BEARISH ★ 6/10
$34.37 $38.45▼ −11.87%▼ −15.82%$43.51 (−26.59%)
Feb 23, 2026
12w ago
Insider Cluster
BEARISH ★ 6/10
$34.37 $38.45▼ −11.87%▼ −15.82%$43.51 (−26.59%)
Feb 20, 2026
12w ago
Insider Cluster
BEARISH ★ 7/10
$39.17 $37.47▲ +4.34%▼ −1.61%$43.51 (−11.07%)
Showing 5 of 5

US Market Status

Market Closed — Opens Thu (< 1m)

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