Praful Shah, Chief Strategy Officer at RingCentral, Inc. (RNG), sold 18,206 shares at $231.95 ($4.2M) on 2020-03-04, disclosed to the SEC on 2020-03-06.
Seasonal sale ($4.2M) by Chief Strategy Officer — this insider has traded RNG in March in at least three consecutive prior years. Pattern-driven, low signal.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $227.80 | 700 | $159K | 3.8% |
| 2 | $229.06 | 1,503 | $344K | 8.3% |
| 3 | $229.06 | 1,503 | $344K | 8.3% |
| 4 | $230.13 | 2,100 | $483K | 11.6% |
| 5 | $231.09 | 1,800 | $416K | 10.0% |
| 6 | $231.95 | 425 |
| $99K |
| 2.4% |
| 7 | $231.95 | 425 | $99K | 2.4% |
| 8 | $225.24 | 1,301 | $293K | 7.0% |
| 9 | $225.24 | 1,301 | $293K | 7.0% |
| 10 | $226.33 | 2,224 | $503K | 12.1% |
| 11 | $226.33 | 2,224 | $503K | 12.1% |
| 12 | $227.36 | 800 | $182K | 4.4% |
| 13 | $228.09 | 400 | $91K | 2.2% |
| 14 | $229.41 | 500 | $115K | 2.8% |
| 15 | $231.37 | 400 | $93K | 2.2% |
| 16 | $232.38 | 300 | $70K | 1.7% |
| 17 | $234.07 | 300 | $70K | 1.7% |
| Total | $228.36 avg | 18,206 | $4.2M | 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 → |