A Form 4 filed on November 2, 2026, disclosed that Bruce William McClelland, President and CEO of Ribbon Communications Inc. (NASDAQ:RBBN), purchased 60,000 shares of common stock on October 30, 2026.

Key Highlights

  • Reporting person: Bruce William McClelland, identified as Director and President and CEO of Ribbon Communications Inc.
  • Transaction: 60,000 shares of common stock acquired (transaction code P) on October 30, 2026.
  • Weighted average price: $1.604 per share, with individual purchases ranging from $1.58 to $1.62 per share, inclusive.
  • Post-transaction holdings: McClelland beneficially owned 2,969,454 shares directly following the reported transaction.
  • Filing signed: Patrick Macken signed by power of attorney on behalf of Bruce McClelland, CEO and President, on November 2, 2026.

McClelland's October 30 Open-Market Purchase of Ribbon Communications Common Stock

According to the filing, Bruce William McClelland, serving as both a Director and President and CEO of Ribbon Communications Inc., acquired 60,000 shares of Ribbon Communications common stock on October 30, 2026. The transaction is recorded under transaction code P, indicating an open-market purchase. The form was filed with the SEC on November 2, 2026, pursuant to Section 16(a) of the Securities Exchange Act of 1934.

The filing reports a weighted average purchase price of $1.604 per share. A footnote discloses that the shares were purchased in multiple transactions at prices ranging from $1.58 to $1.62 per share, inclusive. The filing further notes that McClelland undertakes to provide full information regarding the number of shares purchased at each separate price upon request by Ribbon Communications, any security holder, or the SEC staff.

Following the reported transaction, McClelland's direct beneficial ownership of Ribbon Communications common stock stands at 2,969,454 shares, according to the filing. No derivative securities transactions were reported in Table II. The form was signed by Patrick Macken under a power of attorney on behalf of McClelland.

What Was Disclosed

This Form 4 discloses a purchase of 60,000 shares of Ribbon Communications common stock by President and CEO Bruce William McClelland on October 30, 2026, at a weighted average price of $1.604, resulting in direct beneficial ownership of 2,969,454 shares.