Monitor for further insider selling, especially from C-suite executives; consider whether this reflects broader concerns about valuation or upcoming earnings performance.
Price Chart
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
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
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
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CONTEXT: Insider Cluster Data (4 trades, 7d window) | cluster-RNG-1772658987106 |
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
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