Praful Shah, Chief Strategy Officer at RingCentral, Inc. (RNG), sold 20,528 shares at $263.42 ($5.2M) on 2020-09-15, disclosed to the SEC on 2020-09-17.
Seasonal sale ($5.2M) by Chief Strategy Officer — this insider has traded RNG in September in at least three consecutive prior years. Pattern-driven, low signal.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $252.13 | 1,480 | $373K | 7.1% |
| 2 | $252.13 | 1,480 | $373K | 7.1% |
| 3 | $252.88 | 2,020 | $511K | 9.7% |
| 4 | $252.88 | 2,020 | $511K | 9.7% |
| 5 | $254.03 | 1,219 | $310K | 5.9% |
| 6 | $254.03 | 1,219 |
| $310K |
| 5.9% |
| 7 | $255.69 | 500 | $128K | 2.4% |
| 8 | $257.88 | 100 | $26K | 0.5% |
| 9 | $259.38 | 400 | $104K | 2.0% |
| 10 | $259.97 | 100 | $26K | 0.5% |
| 11 | $261.96 | 100 | $26K | 0.5% |
| 12 | $263.42 | 200 | $53K | 1.0% |
| 13 | $264.70 | 200 | $53K | 1.0% |
| 14 | $253.50 | 400 | $101K | 1.9% |
| 15 | $254.58 | 800 | $204K | 3.9% |
| 16 | $255.68 | 1,422 | $364K | 6.9% |
| 17 | $255.68 | 1,422 | $364K | 6.9% |
| 18 | $256.53 | 933 | $239K | 4.6% |
| 19 | $256.53 | 933 | $239K | 4.6% |
| 20 | $257.79 | 1,100 | $284K | 5.4% |
| 21 | $258.92 | 990 | $256K | 4.9% |
| 22 | $258.92 | 990 | $256K | 4.9% |
| 23 | $259.83 | 300 | $78K | 1.5% |
| 24 | $261.07 | 200 | $52K | 1.0% |
| Total | $255.25 avg | 20,528 | $5.2M | 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 → |