Kira Makagon, President and Chief Operating Officer of RingCentral, Inc., filed a statement of changes in beneficial ownership on August 24, 2026, reporting a disposition of Class A Common Stock on August 20, 2026.

Key Highlights

  • Reporting person: Kira Makagon, identified as President and COO of RingCentral, Inc. (NYSE:RNG)
  • Shares disposed: 9,222 shares of Class A Common Stock were disposed of on August 20, 2026
  • Transaction price: Shares were disposed at $65.58 per share
  • Transaction code: The disposition is coded "F," representing an exempt disposition to the issuer under Rule 16b-3(e) for tax withholding on vesting Restricted Stock Units
  • Remaining ownership: Following the transaction, Makagon directly beneficially owns 294,830 shares of Class A Common Stock

RingCentral Executive Share Disposition Tied to RSU Tax Withholding

According to the filing, Kira Makagon, who serves as President and Chief Operating Officer of RingCentral, Inc., reported a single transaction involving Class A Common Stock of the company, which trades on NYSE under the symbol RNG. RingCentral is a cloud communications and collaboration software company headquartered in Belmont, California. Makagon's address on the filing is listed as c/o RingCentral, Inc., 20 Davis Drive, Belmont, California 94002.

The filing discloses that 9,222 shares were disposed of on August 20, 2026, at a price of $65.58 per share, using transaction code "F." The filing's footnote explains that this was "an exempt disposition to the issuer under Rule 16b-3(e)," with shares remitted to RingCentral "in connection with the satisfaction of tax withholding obligations arising out of the vesting of Restricted Stock Units." This type of transaction reflects a standard mechanism by which companies withhold a portion of vesting shares to cover the reporting person's tax liability, rather than requiring a cash payment. Following this disposition, Makagon directly holds 294,830 shares of Class A Common Stock, according to the filing. The document was signed by Ashley Ta, Attorney-in-fact, and filed on August 24, 2026.

What Was Disclosed

The filing reported that RingCentral President and COO Kira Makagon disposed of 9,222 shares of Class A Common Stock at $65.58 per share on August 20, 2026, as an exempt tax withholding transaction tied to vesting Restricted Stock Units, leaving a direct beneficial ownership of 294,830 shares.