Praful Shah, Chief Strategy Officer at RingCentral, Inc. (RNG), sold 20,152 shares at $373.12 ($7.5M) on 2021-01-15, disclosed to the SEC on 2021-01-20.
Seasonal sale ($7.5M) by Chief Strategy Officer — this insider has traded RNG in January in at least three consecutive prior years. Pattern-driven, low signal.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $370.70 | 906 | $336K | 4.5% |
| 2 | $370.70 | 906 | $336K | 4.5% |
| 3 | $371.62 | 1,181 | $439K | 5.8% |
| 4 | $371.62 | 1,181 | $439K | 5.8% |
| 5 | $373.12 | 673 | $251K | 3.3% |
| 6 | $373.12 | 673 |
| $251K |
| 3.3% |
| 7 | $374.00 | 766 | $286K | 3.8% |
| 8 | $375.14 | 1,104 | $414K | 5.5% |
| 9 | $375.14 | 1,104 | $414K | 5.5% |
| 10 | $376.06 | 800 | $301K | 4.0% |
| 11 | $379.80 | 200 | $76K | 1.0% |
| 12 | $381.59 | 300 | $114K | 1.5% |
| 13 | $381.59 | 300 | $114K | 1.5% |
| 14 | $383.10 | 200 | $77K | 1.0% |
| 15 | $371.93 | 799 | $297K | 3.9% |
| 16 | $371.93 | 799 | $297K | 3.9% |
| 17 | $373.04 | 635 | $237K | 3.1% |
| 18 | $373.04 | 635 | $237K | 3.1% |
| 19 | $373.99 | 1,000 | $374K | 5.0% |
| 20 | $375.05 | 1,699 | $637K | 8.4% |
| 21 | $375.05 | 1,699 | $637K | 8.4% |
| 22 | $376.37 | 1,300 | $489K | 6.5% |
| 23 | $377.31 | 596 | $225K | 3.0% |
| 24 | $377.31 | 596 | $225K | 3.0% |
| 25 | $379.88 | 100 | $38K | 0.5% |
| Total | $374.28 avg | 20,152 | $7.5M | 100% |
| Filing → |
| RNG | SELL | 2021-02-18 | $7.3M | — | Filing → |
| RNG | SELL | 2020-12-16 | $7.0M | — | Filing → |
| RNG | SELL | 2020-11-18 | $6.4M | — | Filing → |