Praful Shah, Chief Strategy Officer at RingCentral, Inc. (RNG), sold 6,289 shares at $170.28 ($1.1M) on 2019-11-15, disclosed to the SEC on 2019-11-18.
Seasonal sale ($1.1M) 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 | $168.67 | 757 | $128K | 12.0% |
| 2 | $169.63 | 3,758 | $637K | 59.7% |
| 3 | $170.28 | 1,774 | $302K | 28.3% |
| Total | $169.70 avg | 6,289 | $1.1M | 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 → |