Corporate GovernanceApr 30, 2026, 04:35 PM
RNG Amends 10-K for Corporate Governance, Director Compensation
AI Summary
RingCentral, Inc. filed an Amendment No. 1 on Form 10-K/A to its Annual Report for the fiscal year ended December 31, 2025, to include previously omitted information from Part III. This amendment details the company's corporate governance, including the composition of its Board of Directors and executive officers, the structure and responsibilities of its board committees, and the compensation program for non-employee directors, which was adjusted in April 2025.
Key Highlights
- Amendment filed to include Part III information on Directors, Executive Officers, and Corporate Governance.
- Board of Directors consists of 6 members, with 5 designated as independent.
- Prat Bhatt appointed Lead Independent Director; Mahmoud ElAssir and Amy Guggenheim Shenkan joined the board in 2025 and 2024.
- Executive officers include Vladimir Shmunis (CEO/Chairman), Kira Makagon (President/COO), Vaibhav Agarwal (CFO), and John Marlow (CAO/GC).
- Non-employee director cash compensation adjusted in April 2025, with annual board member fee at $50,000.
- Non-employee director equity compensation updated in April 2025, with annual RSU award value of $300,000.
- Amy Guggenheim Shenkan's total 2025 compensation was $800,449, including $745,449 in stock awards.
- Prat Bhatt's total 2025 compensation was $613,676, including $482,426 in stock awards.
Price Impact
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