C-suite open-market selling, especially by the COO, signals potential lack of confidence amid already weak stock performance. Traders should watch for downward pressure on the stock ahead of earnings or any downward revision in guidance.
Price Chart
Executive Summary
Three RingCentral insiders sold shares in the past week, including a large open-market sale by President and COO Kira Makagon and a tax-related share surrender by General Counsel Marlow John H. The total value of transactions exceeds $1.5 million, with over $800,000 in open-market sales by C-suite executives.
Key Financial Metrics
Key Facts
- President and COO Kira Makagon sold 22,013 shares in the open market for $773,691.
- SVP and General Counsel Marlow John H surrendered 21,864 shares for tax withholding, valued at $796,943.
- Chief Accounting Officer Tarun Arora sold 773 shares for $26,900 in the open market.
- Total value of insider transactions: $1,600,533, with $800,591 in open-market sales by C-suite executives.
Financial Impact
$1.6 million in insider-related transactions, including $800,000+ in open-market sales by top executives
Risk Factors
- Insider selling may indicate concerns about near-term performance or valuation.
- Tax-related share surrenders are routine, but combined with open-market sales, they amplify negative sentiment.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CONTEXT: Insider Cluster Data (3 trades, 7d window) | cluster-RNG-1772583248602 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 11, 2026 20d ago | Insider Cluster | $72.32 $77.30 | ▲ +6.89% | ▲ +6.78% | $78.28 (+8.24%) |
Sep 3, 2026 28d ago | Insider Cluster | $73.39 $72.32 | ▼ −1.46% | ▼ −0.25% | $78.28 (+6.66%) |
Sep 1, 2026 4w ago | Insider Cluster | $70.77 $69.64 | ▼ −1.60% | ▼ −1.68% | $78.28 (+10.61%) |
Aug 26, 2026 5w ago | Insider Cluster | $66.06 $72.58 | ▲ +9.87% | ▲ +9.99% | $78.28 (+18.50%) |
Aug 24, 2026 5w ago | Insider Cluster | $67.08 $69.62 | ▼ −3.79% | ▼ −3.32% | $78.28 (−16.70%) |
Jul 2, 2026 13w ago | Insider Cluster | $40.01 $40.94 | ▲ +2.32% | ▲ +1.39% | $78.28 (+95.65%) |
Jun 11, 2026 16w ago | Institutional Cluster | $37.67 $35.54 | ▼ −5.65% | ▼ −6.09% | $78.28 (+107.80%) |
May 28, 2026 18w ago | Insider Cluster | $43.30 $43.97 | ▲ +1.54% | ▲ +1.84% | $78.28 (+80.78%) |
Apr 21, 2026 23w ago | Insider Cluster | $40.03 $45.58 | ▲ +13.86% | ▲ +10.75% | $78.28 (+95.54%) |
Mar 27, 2026 27w ago | Insider Cluster | $35.20 $37.97 | ▼ −7.87% | ▼ −4.01% | $78.28 (−122.38%) |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Try SecBot Free Coming soon: SecBot Pro with alerts, watchlists, and API access