Praful Shah, Chief Strategy Officer at RingCentral, Inc. (RNG), sold 21,816 shares at $292.92 ($6.4M) on 2020-11-16, disclosed to the SEC on 2020-11-18.
Seasonal sale ($6.4M) by Chief Strategy Officer — this insider has traded RNG in November in at least three consecutive prior years. Pattern-driven, low signal.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $292.92 | 1,300 | $381K | 5.9% |
| 2 | $293.95 | 1,416 | $416K | 6.5% |
| 3 | $293.95 | 1,416 | $416K | 6.5% |
| 4 | $294.59 | 922 | $272K | 4.2% |
| 5 | $294.59 | 922 | $272K | 4.2% |
| 6 | $295.87 | 1,091 |
| $323K |
| 5.0% |
| 7 | $295.87 | 1,091 | $323K | 5.0% |
| 8 | $296.60 | 1,100 | $326K | 5.1% |
| 9 | $297.32 | 200 | $59K | 0.9% |
| 10 | $298.63 | 100 | $30K | 0.5% |
| 11 | $292.52 | 411 | $120K | 1.9% |
| 12 | $292.52 | 411 | $120K | 1.9% |
| 13 | $293.58 | 989 | $290K | 4.5% |
| 14 | $293.58 | 989 | $290K | 4.5% |
| 15 | $294.64 | 1,838 | $542K | 8.4% |
| 16 | $294.64 | 1,838 | $542K | 8.4% |
| 17 | $295.62 | 1,390 | $411K | 6.4% |
| 18 | $295.62 | 1,390 | $411K | 6.4% |
| 19 | $296.87 | 1,301 | $386K | 6.0% |
| 20 | $296.87 | 1,301 | $386K | 6.0% |
| 21 | $297.54 | 200 | $60K | 0.9% |
| 22 | $297.54 | 200 | $60K | 0.9% |
| Total | $294.98 avg | 21,816 | $6.4M | 100% |
| Filing → |
| RNG | SELL | 2021-02-18 | $7.3M | — | Filing → |
| RNG | SELL | 2021-01-20 | $7.5M | — | Filing → |
| RNG | SELL | 2020-12-16 | $7.0M | — | Filing → |