Praful Shah, Chief Strategy Officer at RingCentral, Inc. (RNG), sold 6,491 shares at $165.14 ($1.1M) on 2019-12-04, disclosed to the SEC on 2019-12-06.
Seasonal sale ($1.1M) by Chief Strategy Officer — this insider has traded RNG in December in at least three consecutive prior years. Pattern-driven, low signal.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $165.14 | 2,438 | $403K | 37.4% |
| 2 | $165.99 | 2,371 | $394K | 36.5% |
| 3 | $166.99 | 1,279 | $214K | 19.8% |
| 4 | $167.84 | 403 | $68K | 6.3% |
| Total | $165.98 avg | 6,491 | $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 → |