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RNGRingCentral, Inc. · Insider ownership research

RingCentral, Inc. insiders sold $24.1M in the past 12 months. How much of their stake is that?

100% was sold under disclosed trading plans. The largest seller, Vladimir Shmunis (CEO and Chairman, Director), sold $10.0M.Share-of-stake figures for this company are being verified and will be added when that check is finished. Why

Updated Oct 16, 2026 from SEC filings · covers Oct 17, 2025 to Oct 16, 2026
$10.0M
largest seller, Vladimir Shmunis, past 12 months
100%
of sales were under disclosed trading plans, past 12 months
6 of 12
officers and directors sold shares, past 12 months
Is this normal? In line with the past 5 years. 6 insiders sold; the average is 7 a year. Year by year
Latest filing: Filed Oct 6 for a sale on Oct 2. Amy Shenkan sold 1.3K shares ($100K) under a disclosed plan. Filing
SEC ownership filings: 83 filed in the 12 months to Oct 16, 2026; 1,071 on record since Sep 26, 2013 · See the evidence

What stands out

Tax withholding outweighed market sales: the company withheld $24.9M of officers' and directors' shares for taxes, against $24.1M sold on the open market. The largest was Vladimir Shmunis ($10.9M withheld).Largest withholding, Feb 21, 2026

A share of stake is shown for 0 of the 6 officers and directors who sold. 12 are left out

i
Left out: Vladimir Shmunis, Kira Makagon, John Marlow, Vaibhav Agarwal, Abhey Lamba, Tarun Arora, Kenneth Goldman, Prat Bhatt, Robert Theis, Amy Shenkan, Mignon Clyburn and Mahmoud ElAssir (share of stake is being verified).
Disclosed company stock is not an insider's whole wealth.

Who sold, and how much of their stake

Officers and directors, past 12 months. Their share of stake is being verified and is not shown yet; amounts and trading plans are below.

Vladimir Shmunis
CEO and Chairman, Director
Not confirmed
Share of stake not shown: share of stake is being verified. Why
$10.0MDisclosed plan
Kira Makagon
President and COO
Not confirmed
Share of stake not shown: share of stake is being verified. Why
$8.4MDisclosed plan
Vaibhav Agarwal
Chief Financial Officer
Not confirmed
Share of stake not shown: share of stake is being verified. Why
$3.0MDisclosed plan
Tarun Arora
Chief Accounting Officer
Not confirmed
Share of stake not shown: share of stake is being verified. Why
$2.0MDisclosed plan
Amy Shenkan
Director
Not confirmed
Share of stake not shown: share of stake is being verified. Why
$367KDisclosed plan
All 6 sellers

Selling by month

Officers and directors, Oct 2025 to Oct 2026. Each sale is counted once: under a disclosed plan, else to cover taxes, else no plan disclosed.

Disclosed planOne dollar scale for every month; the tallest bar is labeled
OctNov 2025: $2.9M under a disclosed planNovDec 2025: $381K under a disclosed planDecJan 2026: $118K under a disclosed planJanFeb 2026: $7.9M under a disclosed plan$7.9MFebMar 2026: $3.1M under a disclosed planMarApr 2026: $421K under a disclosed planAprMay 2026: $1.2M under a disclosed planMayJun 2026: $1.5M under a disclosed planJunJul 2026: $153K under a disclosed planJulAug 2026: $860K under a disclosed planAugSep 2026: $5.4M under a disclosed planSepOct 2026: $100K under a disclosed planOct

Recent activity

Past 30 days, Sep 17, 2026 to Oct 16, 2026
Oct 2, 2026Amy Shenkan sold 1.3K shares ($100K) under a disclosed trading plan.
WhoSharesPrice% of total stakeTotal stake afterTrade dateFiled
Amy Shenkan
Director
1,264$78.89n/an/aOct 2, 2026Oct 6, 2026

"% of total stake" is the shares in an event against all the vested shares the person held that day, across every share class and holding entity, after that day's vesting. "n/a" means the person's holdings are not confirmed, or the row is a purchase. "Holdings record incomplete" means more shares were sold than the filings show the person held that day, so a percentage would be wrong.

Common questions

Is the RingCentral, Inc. CEO selling stock?

Yes. Vladimir Shmunis sold 269K shares ($10.0M) in the past 12 months, all of it under a trading plan disclosed in the filings.

Why are RingCentral, Inc. insiders selling?

Filings rarely give a reason, and we don't guess at one. What they show is how the sales were made: 100% of sales by value ran under 10b5-1 trading plans disclosed in the filings. A trading plan schedules sales in advance.

Are any RingCentral, Inc. insiders buying?

No. Officers and directors reported no purchases in the past 12 months.

The evidence

Who sold6 officers and directors: amount, % of holdings, trading plan
Who soldAmount% of holdingsTrading plan
Vladimir Shmunis
CEO and Chairman, Director
$10.0M
269K shares
Not confirmed
share of stake is being verified. Why
Disclosed plan
Kira Makagon
President and COO
$8.4M
200K shares
Not confirmed
share of stake is being verified. Why
Disclosed plan
Vaibhav Agarwal
Chief Financial Officer
$3.0M
75K shares
Not confirmed
share of stake is being verified. Why
Disclosed plan
Tarun Arora
Chief Accounting Officer
$2.0M
44K shares
Not confirmed
share of stake is being verified. Why
Disclosed plan
Amy Shenkan
Director
$367K
8.7K shares
Not confirmed
share of stake is being verified. Why
Disclosed plan
Robert Theis
Director
$276K
7.9K shares
Not confirmed
share of stake is being verified. Why
Disclosed plan
The full ownership picture0 of 12 officers and directors confirmed

Vested shares across all share classes, held directly and through trusts, LLCs and family members, as reported on SEC Forms 3, 4 and 5. Unvested awards and options are never counted as owned shares.

InsiderHeld Oct 16, 2025SoldHeld Oct 16, 2026Still held
Vladimir Shmunis
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Vladimir Shmunis are complete.
CEO and Chairman, Director
n/a−269Kn/an/a
Vesting, gifts, unvested awards and holding lines for Vladimir Shmunis

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Vladimir Shmunis are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)
−271Kwithheld by the company for taxes
Kira Makagon
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Kira Makagon are complete.
President and COO
n/a−200Kn/an/a
Vesting, gifts, unvested awards and holding lines for Kira Makagon

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Kira Makagon are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)
−127Kwithheld by the company for taxes
John Marlow
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for John Marlow are complete.
SVP, CAdO & GENERAL COUNSEL
n/a0n/an/a
Vesting, gifts, unvested awards and holding lines for John Marlow

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for John Marlow are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)
−93Kwithheld by the company for taxes
Vaibhav Agarwal
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Vaibhav Agarwal are complete.
Chief Financial Officer
n/a−75Kn/an/a
Vesting, gifts, unvested awards and holding lines for Vaibhav Agarwal

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Vaibhav Agarwal are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)
−73Kwithheld by the company for taxes
Abhey Lamba
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Abhey Lamba are complete.
Chief Financial Officer
n/a0n/an/a
Vesting, gifts, unvested awards and holding lines for Abhey Lamba

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Abhey Lamba are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)
Tarun Arora
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Tarun Arora are complete.
Chief Accounting Officer
n/a−44Kn/an/a
Vesting, gifts, unvested awards and holding lines for Tarun Arora

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Tarun Arora are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)
−38Kwithheld by the company for taxes
Kenneth Goldman
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Kenneth Goldman are complete.
Director
n/a0n/an/a
Vesting, gifts, unvested awards and holding lines for Kenneth Goldman

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Kenneth Goldman are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)
Prat Bhatt
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Prat Bhatt are complete.
Director
n/a0n/an/a
Vesting, gifts, unvested awards and holding lines for Prat Bhatt

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Prat Bhatt are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)
Robert Theis
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Robert Theis are complete.
Director
n/a−7.9Kn/an/a
Vesting, gifts, unvested awards and holding lines for Robert Theis

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Robert Theis are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)
Amy Shenkan
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Amy Shenkan are complete.
Director
n/a−8.7Kn/an/a
Vesting, gifts, unvested awards and holding lines for Amy Shenkan

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Amy Shenkan are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)
Mignon Clyburn
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Mignon Clyburn are complete.
Director
n/a0n/an/a
Vesting, gifts, unvested awards and holding lines for Mignon Clyburn

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Mignon Clyburn are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)
Mahmoud ElAssir
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Mahmoud ElAssir are complete.
Director
n/a0n/an/a
Vesting, gifts, unvested awards and holding lines for Mahmoud ElAssir

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Mahmoud ElAssir are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)

Holdings and share of stake for RingCentral, Inc. are being verified, so no balances, unit counts or percentages are shown. Sales, proceeds, plan and tax status, titles and dates come straight from individual filings.

What explains the selling$24.1M of sales by plan status, purpose, seller and month

Officer and director open-market sales: $24.1M across 604,336 shares. Plan status and stated purpose are separate questions, and a sale can have both.

By plan status

Taxes

601,863 shares ($24.9M) were withheld by the company for taxes, which isn't a market sale.

SellerShares soldProceedsUnder a disclosed planShare of totalSales dates
Vladimir Shmunis
CEO and Chairman, Director
269K$10.0M100%42%Nov 21, 2025 to Sep 3, 2026
Kira Makagon
President and COO
200K$8.4M100%35%Nov 26, 2025 to Sep 14, 2026
Vaibhav Agarwal
Chief Financial Officer
75K$3.0M100%13%Nov 18, 2025 to Sep 2, 2026
Tarun Arora
Chief Accounting Officer
44K$2.0M100%8%Nov 13, 2025 to Sep 9, 2026
Amy Shenkan
Director
8.7K$367K100%2%Jan 2, 2026 to Oct 2, 2026
Robert Theis
Director
7.9K$276K100%1%Jan 2, 2026 to Jul 2, 2026

Sales by month

MonthSale proceedsDisclosed planTo cover taxesNo plan disclosed
Oct 2025$0$0$0$0
Nov 2025$2.9M$2.9M$0$0
Dec 2025$381K$381K$0$0
Jan 2026$118K$118K$0$0
Feb 2026$7.9M$7.9M$0$0
Mar 2026$3.1M$3.1M$0$0
Apr 2026$421K$421K$0$0
May 2026$1.2M$1.2M$0$0
Jun 2026$1.5M$1.5M$0$0
Jul 2026$153K$153K$0$0
Aug 2026$860K$860K$0$0
Sep 2026$5.4M$5.4M$0$0
Oct 2026$100K$100K$0$0
Is this normal? Selling year by year5 earlier years to compare with

In line with the past 5 years. 6 insiders sold; the average is 7 a year.

12 months endingShares soldInsiders who soldProceeds
Oct 16, 2026
Latest 12 months
604K6$24.1M
Oct 16, 2025
1 year earlier
815K7$24.3M
Oct 16, 2024
2 years earlier
769K6$24.6M
Oct 17, 2023
3 years earlier
287K5$9.6M
Oct 17, 2022
4 years earlier
171K8$25.7M
Oct 17, 2021
5 years earlier
528K11$162M

Open-market sales (Form 4 code S) by people who were officers or directors, in split-adjusted shares. Earlier years include people who have since left. A sale that an outside holder also reports (a family trust, a fund) is counted with outside holders in every year. Shares, not dollars, are compared, so a change in the stock price doesn't look like a change in selling. Years the filings don't fully cover are shown but left out of the average.

Known gaps and uncertainty12 officers and directors not confirmed

Holdings and share of stake are being verified. Balances, unit counts and every share-of-stake figure for RingCentral, Inc. are held back until that check is finished. Sales, proceeds, plan and tax status, titles and dates come straight from individual filings and are complete.

External context: we only cite outside events when a documented connection exists. None is shown for this period.

Sources and methodology1,071 filings on record, 83 filed in the 12-month period, and how we read them

All 1,071 Forms 3, 4 and 5 on record for RingCentral, Inc. (SEC CIK 1384905), filed from Sep 26, 2013 to Oct 6, 2026; 83 of them were filed in the 12 months this page covers, retrieved from SEC EDGAR on Oct 16, 2026. Prices are the ones reported in each filing, often weighted averages.

Holdings. Each holding line (a share class plus an owner, such as a trust or LLC) carries its last reported balance forward. Entities first reported during the period start at zero, so transfers between an insider's own trusts don't count as selling. Lines not reported for three years or more are listed separately and left out of totals.

Sales. A sale counts as under a 10b5-1 plan if its footnote cites one or the filing's Rule 10b5-1 box is checked, and as tax-related if its footnote cites tax obligations or sell-to-cover. Shares withheld by the company for taxes are listed separately. Sales with neither attribute are labeled "no plan disclosed".

Full methodology

Former or inactive filers (24)No filing in 18 months; last reported balances, not in any total
NameLast filedLast reported balance
Ned SegalDec 13, 202410,633 shares, last reported balance as of Dec 12, 2024
Sonalee ParekhAug 23, 2024358,622 shares, last reported balance as of Aug 23, 2024
Neil WilliamsJun 4, 202431,009 shares, last reported balance as of Jun 3, 2024
Tarek RobbiatiNov 22, 2023443,007 shares, last reported balance as of Nov 20, 2023
Mohammed KatibehJun 16, 2023312,533 shares, last reported balance as of Jun 15, 2023
Allan ThygesenJun 5, 202326,456 shares, last reported balance as of Jun 1, 2023
Arne DuncanJun 5, 202314,419 shares, last reported balance as of Jun 1, 2023
McKenna MichelleJun 3, 20228,048 shares, last reported balance as of Jun 1, 2022
Mitesh DhruvDec 2, 2021159,605 shares, last reported balance as of Dec 1, 2021
Anand EswaranNov 30, 2021175,149 shares, last reported balance as of Nov 26, 2021
Praful ShahSep 3, 2021458,022 shares, last reported balance as of Sep 2, 2021
Godfrey SullivanJun 3, 202132,428 shares, last reported balance as of Jun 1, 2021
David SipesDec 10, 2019200,853 shares, last reported balance as of Dec 9, 2019
Clyde HoseinMay 2, 2017175,091 shares, last reported balance as of May 1, 2017
Vinod KhoslaJun 25, 20151,824,603 shares, last reported balance as of Jun 24, 2015
Michael KoureyJun 3, 201513,510 shares, last reported balance as of Jun 1, 2015
David BermanApr 16, 201525,000 shares, last reported balance as of Apr 15, 2015
Douglas LeoneAug 11, 2014549,179 shares, last reported balance as of Aug 7, 2014
Douglas LeoneAug 11, 2014No balance on record
SC XII MANAGEMENT LLCAug 5, 20143,676,787 shares, last reported balance as of Aug 1, 2014
KC Trust UTA dated December 17, 1999, Citicorp Trust South Dakota, TrusteeJun 16, 20142,706,839 shares, last reported balance as of Jun 5, 2014
VNK Management, LLCJun 16, 20142,706,839 shares, last reported balance as of Jun 5, 2014
Rao YerramilliMay 19, 2014No balance on record
Sri SrinivasanNo balance on record

Spotted something wrong on this page? Report an error. We check every report against the SEC filing and list what we fix in the corrections log.