# EDGAR Filing Document

**Accession Number:** 0001384905
**File Stem:** 0001384905-26-000027
**Filing Date:** 2026-4
**Character Count:** 173344
**Document Hash:** b0834efff90bb29305ae0f9c6f484f12
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001384905-26-000027.hdr.sgml**: 20260430

**ACCESSION NUMBER**: 0001384905-26-000027

**CONFORMED SUBMISSION TYPE**: 10-K/A

**PUBLIC DOCUMENT COUNT**: 16

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260430

**DATE AS OF CHANGE**: 20260430

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** RingCentral, Inc.
- **CENTRAL INDEX KEY:** 0001384905
- **STANDARD INDUSTRIAL CLASSIFICATION:** SERVICES-COMPUTER PROCESSING & DATA PREPARATION [7374]
- **ORGANIZATION NAME:** 06 Technology
- **EIN:** 943322844
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 10-K/A
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-36089
- **FILM NUMBER:** 26925972

**BUSINESS ADDRESS:**
- **STREET 1:** 20 DAVIS DRIVE
- **CITY:** BELMONT
- **STATE:** CA
- **ZIP:** 94002
- **BUSINESS PHONE:** 650-472-4100

**MAIL ADDRESS:**
- **STREET 1:** 20 DAVIS DRIVE
- **CITY:** BELMONT
- **STATE:** CA
- **ZIP:** 94002

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** RingCentral Inc
- **DATE OF NAME CHANGE:** 20070103

?xml version='1.0' encoding='ASCII'? rng-20251231

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**WASHINGTON, D.C. 20549**

**______________________________________________________________________**

**FORM 10-K/A** 

(Amendment No. 1)

**______________________________________________________________________**

**(Mark One)**

☒ **ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934**

For the fiscal year ended December 31, 2025

OR

☐ **TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934**

For transition period from<u>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</u> to<u>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</u>

Commission File Number: **001-36089** 

**______________________________________________________________________**

**RingCentral, Inc.**

(Exact name of Registrant as specified in its charter)

**______________________________________________________________________**

---

| | |
|:---|:---|
| **Delaware** | **94-3322844** |
| (State or other jurisdiction<br>of incorporation or organization) | (I.R.S. Employer<br>Identification No.) |

---

**20 Davis Drive** 

**Belmont, California 94002** 

(Address of principal executive offices)

**(650) 472-4100** 

(Registrant's telephone number, including area code)

**______________________________________________________________________**

Securities registered pursuant to Section 12(b) of the Act:

---

| | | |
|:---|:---|:---|
| Title of each class | Trading Symbol(s) | Name of each exchange on which registered |
| **Class A Common Stock** | **RNG** | **New York Stock Exchange** |
| **par value $0.0001** |  |  |

---

Securities registered pursuant to section 12(g) of the Act:

**None**

**______________________________________________________________________**

Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Yes ☒&nbsp;&nbsp;&nbsp;&nbsp;No ◻

Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act. Yes ◻&nbsp;&nbsp;&nbsp;&nbsp;No ☒

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes ☒ No ◻

Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§ 232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files). Yes ☒ No ◻

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company. See the definitions of "large accelerated filer," "accelerated filer," "smaller reporting company," and "emerging growth company" in Rule 12b-2 of the Exchange Act.

---

| | | | |
|:---|:---|:---|:---|
| Large accelerated filer | ☒ | Accelerated filer | ◻ |
| Non-accelerated filer | ◻ | Smaller reporting company | ☐ |
| | | Emerging growth company | ☐ |

---

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ◻

Indicate by check mark whether the registrant has filed a report on and attestation to its management's assessment of the effectiveness of its internal control over financial reporting under Section 404(b) of the Sarbanes-Oxley Act (15 U.S.C. 7262(b)) by the registered public accounting firm that prepared or issued its audit report. ☒

If securities are registered pursuant to Section 12(b) of the Act, indicate by check mark whether the financial statements of the registrant included in the filing reflect the correction of an error to previously issued financial statements. ☐

Indicate by check mark whether any of those error corrections are restatements that required a recovery analysis of incentive-based compensation received by any of the registrant's executive officers during the relevant recovery period pursuant to §240.10D-1(b). ☐

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Act). Yes ☐ No ☒

The aggregate market value of voting stock held by non-affiliates of the Registrant on June 30, 2025, based on the closing price of $28.25 for shares of the Registrant's common stock as reported by the New York Stock Exchange, was approximately $2.3 billion. Shares of common stock held by each executive officer, director, and their affiliated holders have been excluded in that such persons may be deemed to be affiliates. This determination of affiliate status is not necessarily a conclusive determination for other purposes.

As of February 20, 2026, there were 74,268,033 shares of Class A Common Stock and 9,804,538 shares of Class B Common Stock outstanding.

**DOCUMENTS INCORPORATED BY REFERENCE**

None.

------

**TABLE OF CONTENTS**

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| | | |
|:---|:---|:---|
| **<u>[PART III](#i1ce0a1e91f6f4169ae29071171d0a576_13)</u>** | **<u>[PART III](#i1ce0a1e91f6f4169ae29071171d0a576_13)</u>** | **<u>[PART III](#i1ce0a1e91f6f4169ae29071171d0a576_13)</u>** |
| [Item 10.](#i1ce0a1e91f6f4169ae29071171d0a576_16) | <u>[Directors, Executive Officers, and Corporate Governance](#i1ce0a1e91f6f4169ae29071171d0a576_16)</u> | [3](#i1ce0a1e91f6f4169ae29071171d0a576_16) |
| [Item 11.](#i1ce0a1e91f6f4169ae29071171d0a576_55) | <u>[Executive Compensation](#i1ce0a1e91f6f4169ae29071171d0a576_55)</u> | [12](#i1ce0a1e91f6f4169ae29071171d0a576_55) |
| [Item 12.](#i1ce0a1e91f6f4169ae29071171d0a576_133) | <u>[Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters](#i1ce0a1e91f6f4169ae29071171d0a576_133)</u> | [30](#i1ce0a1e91f6f4169ae29071171d0a576_133) |
| [Item 13.](#i1ce0a1e91f6f4169ae29071171d0a576_139) | <u>[Certain Relationships and Related Transactions and Director Independence](#i1ce0a1e91f6f4169ae29071171d0a576_139)</u> | [33](#i1ce0a1e91f6f4169ae29071171d0a576_139) |
| [Item 14.](#i1ce0a1e91f6f4169ae29071171d0a576_148) | <u>[Principal Accountant Fees and Services](#i1ce0a1e91f6f4169ae29071171d0a576_148)</u> | [35](#i1ce0a1e91f6f4169ae29071171d0a576_148) |
| **<u>[PART IV](#i1ce0a1e91f6f4169ae29071171d0a576_157)</u>** | **<u>[PART IV](#i1ce0a1e91f6f4169ae29071171d0a576_157)</u>** | **<u>[PART IV](#i1ce0a1e91f6f4169ae29071171d0a576_157)</u>** |
| [Item 15.](#i1ce0a1e91f6f4169ae29071171d0a576_160) | <u>[Exhibits](#i1ce0a1e91f6f4169ae29071171d0a576_160)</u> | [37](#i1ce0a1e91f6f4169ae29071171d0a576_160) |
| [Item 1](#i1ce0a1e91f6f4169ae29071171d0a576_163)[6](#i1ce0a1e91f6f4169ae29071171d0a576_163)[.](#i1ce0a1e91f6f4169ae29071171d0a576_163) | <u>[S](#i1ce0a1e91f6f4169ae29071171d0a576_163)[ummary](#i1ce0a1e91f6f4169ae29071171d0a576_163)</u> | [37](#i1ce0a1e91f6f4169ae29071171d0a576_160) |

---

**EXPLANATORY NOTE**

This Amendment No. 1 on Form 10-K/A (this "Amendment" or "Form 10-K/A") to amend the Annual Report on Form 10-K of RingCentral, Inc., a Delaware corporation (referred to as "RingCentral," the "Company," "we," "us," or "our") for the fiscal year ended December 31, 2025, originally filed with the Securities and Exchange Commission (the "SEC") on February 27, 2026 (the "Original Report"), is being filed for the purpose of including the information required to be disclosed by Part III of Form 10-K. This information was previously omitted from the Original Report in reliance on General Instruction G(3) to Form 10-K , which permits the information in the above referenced items to be incorporated in the Form 10-K by reference from our definitive proxy statement if such proxy statement is filed no later than 120 days after our fiscal year-end. The reference on the cover page of the Original Report to the incorporation by reference to portions of our 10-K/A in lieu of our definitive proxy statement into Part III of the Original Report has been deleted. This Amendment No. 1 hereby amends and restates in their entirety the cover page and Items 10 through 14 of Part III of the Original Report.

As required by Rule 12b-15 under the Securities Exchange Act of 1934, as amended, in connection with this Form 10-K/A, our Chief Executive Officer and Chief Financial Officer are providing Rule 13a-14(a) certifications as included herein. We are amending Item 15 of Part IV solely to reflect the inclusion of these certifications.

Except as described above, this Form 10-K/A does not modify or update disclosure in, or exhibits to, the Original Report. Furthermore, this Form 10-K/A does not change any previously reported financial results, nor does it reflect events occurring after the filing date of the Original Report. Information not affected by this Form 10-K/A remains unchanged and reflects the disclosures made at the time the Original Report was filed.

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**&nbsp;&nbsp;&nbsp;&nbsp;PART III**

**Item 10.&nbsp;&nbsp;&nbsp;&nbsp; Directors, Executive Officers and Corporate Governance**

**Composition of the Board of Directors**

We manage our business affairs under the direction of our board of directors, which is currently composed of six members. Five of our directors are independent within the meaning of the applicable rules of the New York Stock Exchange ("NYSE"). Each director's term continues until the election and qualification of such director's successor, or such director's earlier death, resignation, or removal.

The names, ages, and certain other information as of March 31, 2026 for each director are set forth below.

---

| | | | |
|:---|:---|:---|:---|
| **Nominees** | **Age** | **Position** | **Director Since** |
| Vladimir Shmunis | 65 | Chairman and Chief Executive Officer | 1999 |
| Prat Bhatt<sup>(1)(2)</sup> | 59 | Director | 2024 |
| Mahmoud ElAssir | 51 | Director | 2025 |
| Kenneth Goldman<sup>(1)(2)(3)</sup> | 76 | Director | 2017 |
| Amy Guggenheim Shenkan<sup>(3)</sup> | 61 | Director | 2024 |
| Robert Theis<sup>(1)(2)(3)</sup> | 64 | Director | 2011 |

---

  

(1) Member of the audit committee

(2) Member of the compensation committee

(3) Member of the nominating and corporate governance committee

*Vladimir Shmunis* is a co-founder and has served as our Chief Executive Officer and Chairman since our inception in 1999, except when he served solely as our Executive Chairman from August 2023 until December 2023. Prior to RingCentral, from 1992 to 1998, Mr. Shmunis served as President and Chief Executive Officer of Ring Zero Systems, Inc., a communications software provider founded by Mr. Shmunis and acquired by Motorola, Inc. From 1982 to 1992, Mr. Shmunis held various software development and management roles with a number of technology companies, including Hewlett-Packard and Ampex Corporation. Mr. Shmunis holds a B.S. in Computer Science and an M.S. in Computer Science from San Francisco State University.

Our board of directors believes that Mr. Shmunis possesses specific attributes that qualify him to serve as a director, including the perspective and experience he brings as our Chief Executive Officer and his experience as an executive in the technology industry. Our board of directors also believes that he brings historical knowledge, operational expertise and continuity to the board of directors.

*Prat Bhatt* has served on our board of directors since March 2024. Mr. Bhatt served as the Chief Accounting Officer from July 2009 to July 2023 and as Executive Advisor from August 2023 to January 2024 at Cisco Systems, Inc. ("Cisco"), a global technology company. He previously also held the additional title of Corporate Controller from July 2009 to May 2022. From June 2007 to July 2009, Mr. Bhatt served as Vice President, Finance and Assistant Corporate Controller, and from November 2000 to June 2007 he served in various leadership roles of increasing importance at Cisco. Mr. Bhatt has served on the board of directors of Seagate Technology since December 2020 and is the chair of its audit and finance committee. Since January 2025, Mr. Bhatt has served on the Board of Trustees for the Financial Accounting Foundation. Since August 2023, Mr. Bhatt has served on the Governing Board of the Center for Audit Quality and is a member of its financial oversight committee. In addition, since September 2025, Mr. Bhatt has served on Deloitte's Audit Quality Advisory Council. From June 1999 to November 2000, Mr. Bhatt was Director of Financial Operations at Kaiser Permanente and from October 1990 to June 1999 he was Senior Manager with Ernst & Young LLP in the Assurance Practice. Mr. Bhatt has also previously served on advisory committees to the Financial Accounting Standards Board and Public Company Accounting Oversight Board (the "PCAOB") and as chair of the Financial Executives International's Committee on Corporate Reporting. Mr. Bhatt is a licensed Certified Public Accountant (retired). He holds a B.A. in economics from the University of California, Santa Cruz, and a M.Acc. from the University of Southern California.

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Our board of directors believes that Mr. Bhatt possesses specific attributes that qualify him to serve as a director, including his professional experience in the areas of finance, accounting and audit oversight and his public company board experience.

*Mahmoud ElAssir* has served on our board of directors since December 2025. Mr. ElAssir has served as the Senior Vice President and Chief Technology Officer at UnitedHealth Group since February 2023. Previously, he served as Chief Technology Officer in Residence at Insight Partners, a venture capital firm, where he advised the firm and its portfolio companies from March 2022 to February 2023. From October 2019 to June 2021, he served as Vice President and General Manager at Google LLC. From 1997 to 2019, he held positions of increasing responsibility at Verizon Communications Inc., most recently serving as Senior Vice President, Chief Technology Officer. In addition, Mr. ElAssir held Chief Information Officer advisory roles at Amazon Web Services, Inc. from August 2016 to June 2019, Dell Technologies Inc. from January 2016 to June 2019, and Red Hat, Inc. from August 2015 to June 2019. Mr. ElAssir holds advisory positions on several private company boards, including Quantum Metric, Inc. Mr. ElAssir holds a Bachelor of Engineering in computer and communications engineering from the American University of Beirut.

Our board of directors believes that Mr. ElAssir possesses specific attributes that qualify him to serve as a director, including his extensive experience as a Chief Technology Officer and Chief Information Officer, both from the customer and partner perspectives.

*Kenneth Goldman* has served on our board of directors since June 2017. Between September 2017 and April 2022, Mr. Goldman served as President of Hillspire LLC, a wealth management services provider. From October 2012 to June 2017, Mr. Goldman served as the Chief Financial Officer of Yahoo! Inc., an Internet commerce company, where he was responsible for Yahoo's global finance functions including financial planning and analysis, controllership, tax, treasury and investor relations. From September 2007 to October 2012, Mr. Goldman was the Senior Vice President, Finance and Administration and Chief Financial Officer of Fortinet, Inc., a provider of threat management technologies. From August 2000 until March 2006, Mr. Goldman served as Senior Vice President of Finance and Administration and Chief Financial Officer of Siebel Systems, Inc., a supplier of customer software solutions and services. Previously, Mr. Goldman has been the Chief Financial Officer of Sybase, Inc., an enterprise software and services company (acquired by SAP SE), Excite@Home, an internet access provider, Cypress Semiconductor Corporation, a semiconductor company, and VLSI Technology, Inc., an integrated circuit designer and manufacturer (acquired by Philips Electronics). Mr. Goldman currently serves on the board of directors of Fortinet, Inc., a cybersecurity company, C3.ai, an enterprise AI software company, Kodiak Robotics, Inc., a provider of AI-powered autonomous vehicle technology, and Wealthfront Corporation, a fintech company, and previously served on the boards of directors of NXP Semiconductor N.V., a global semiconductor manufacturer, from August 2010 to June 2022, TriNet Group, Inc., a human resources management company, from August 2009 to July 2020, Zuora, Inc., a subscription software company, from March 2017 to February 2025, and GoPro, Inc., a technology company from December 2013 to June 2025. He also is a Trustee Emeritus of Cornell University. Mr. Goldman also currently serves on the board of directors of several private companies. Mr. Goldman has served as a member of the PCAOB Investor Advisory Group since January 2024. From December 1999 to December 2003, Mr. Goldman served on the Financial Accounting Standards Board's primary Advisory Council ("FASAC"). Between July 2018 and August 2022, Mr. Goldman served on the Sustainability Accounting Standards Board, now a part of The Value Reporting Foundation, and previously served a two-year term on the PCAOB's Standing Advisory Group ("SAG"). Mr. Goldman holds a B.S. in Electrical Engineering from Cornell University and an M.B.A. from Harvard Business School.

Our board of directors believes that Mr. Goldman possesses specific attributes that qualify him to serve as a director, including his experience on the boards of directors of numerous companies, his extensive executive experience and his service as a member of the PCAOB Investor and Standing Advisory Groups, FASAC and SAG. He provides a high level of expertise and significant leadership experience in the areas of finance, accounting and audit oversight.

*Amy Guggenheim Shenkan* has served on our board of directors since December 2024. Ms. Shenkan has acted as a Senior Advisor to Altamont Capital Partners since June 2021 and serves on the board of its portfolio company, Hybrid Promotions, LLC, dba Hybrid Apparel. She also served on the board of Byrider Sales of Indiana S, LLC, dba Byrider, until its sale in September 2024. Previously, she served as the President and Chief Operating Officer of Common Sense Media from February 2011 to December 2017. Prior to joining Common Sense Media in 2011, Ms. Shenkan was a digital transformation expert with McKinsey & Company, Inc. She has served on the board of directors of EverCommerce, Inc., a service commerce platform provider, since May 2025, and Pickles Auctions, a private company, since December 2022. In addition, she currently serves on the Global Advisory Board of Harvard Business School, the board of Silicon Valley Director's Exchange and as Vice Chair of the board of Report Local. Ms. Shenkan previously served on the board of directors of Ritchie Bros. Auctioneers Incorporated from July 2017 to May 2022 and Zuora, Inc. from January 2022 until it became a private company in February 2025. Ms. Shenkan holds a B.A. from the University of Michigan and an M.B.A. from Harvard Business School.

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Our board of directors believes that Ms. Shenkan possesses specific attributes that qualify her to serve as a director, including her extensive executive management and consulting experience, which includes both serving as a senior executive within, and advising companies across, various industries on digital and business transformations, as well as her experience serving on public company boards.

*Robert Theis* has served on our board of directors since August 2011. Mr. Theis has served as a General Partner, Chief Investment Officer of World Innovation Lab, a venture capital firm, since September 2016. He served as a managing director at Scale Venture Partners, a venture capital firm, from May 2008 to October 2014. Prior to joining Scale Ventures, from July 2000 to April 2008, Mr. Theis served as a general partner with Doll Capital Management, a venture capital firm. From July 1996 to June 2000, Mr. Theis served as executive vice president and served on the board of directors of New Era of Networks, Inc., a supplier of Internet infrastructure software and services. From April 1986 to June 1996, Mr. Theis served as a Managing Director at Sun Microsystems, Inc., a provider of computers and computer components acquired by Oracle Corporation, and from January 1984 to March 1986, as Marketing Manager at Silicon Graphics, Inc., a provider of high-performance computing solutions. Mr. Theis also served on the board of directors of Avaya Holdings Corp., a business communication and cloud solutions company, from November 2020 to October 2022. Mr. Theis holds a B.A. in Economics from the University of Pittsburgh, Pennsylvania.

Our board of directors believes that Mr. Theis possesses specific attributes that qualify him to serve as a director, including his substantial experience as a venture capitalist investment professional and as a director of technology infrastructure and applications companies.

**Executive Officers**

The following table sets forth the names, ages and positions of our executive officers as of March 31, 2026:

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| | | |
|:---|:---|:---|
| **Name** | **Age** | **Position** |
| Vladimir Shmunis | 65 | Chief Executive Officer and Chairman |
| Kira Makagon | 62 | President and Chief Operating Officer |
| Vaibhav Agarwal | 49 | Chief Financial Officer |
| John Marlow | 57 | Chief Administrative Officer, Senior Vice President, Corporate Development, General Counsel and Secretary |

---

*Vladimir Shmunis, Chief Executive Officer and Chairman. For a biography of Mr. Shmunis please see the above section entitled "Composition of the Board of Directors."*

*Kira Makagon* has served as our President and Chief Operating Officer since February 2025 and, prior to that, as our Chief Marketing Officer and Chief Innovation Officer since February 2024, Chief Innovation Officer from July 2019 to February 2024, and Executive Vice President, Innovation, from August 2012 to July 2019. Ms. Makagon holds a B.A. in Computer Science from the University of California, Berkeley and an M.B.A. from the University of California, Berkeley, Haas School of Business.

*Vaibhav Agarwal* has served as our Chief Financial Officer since August 2025, and prior to that, as our Chief Transformation Officer from February 2025 to August 2025, Deputy Chief Financial Officer from May 2022 to August 2025, interim Chief Financial Officer in November 2024 and from January 2022 to May 2022, Chief Accounting Officer from April 2019 to February 2025, and Corporate Controller from July 2016 to April 2019. Prior to joining the Company, Mr. Agarwal served in senior finance roles at Intel Corporation, Altera, Intuitive Surgical, and PricewaterhouseCoopers. Mr. Agarwal holds an undergraduate degree in Accounting and Finance from the University of Delhi and an M.B.A. from the University of Illinois Urbana-Champaign. He is a Chartered Accountant from India and a Certified Public Accountant (Inactive) in California.

*John Marlow* has served as our Chief Administrative Officer since February 2017, as our Senior Vice President, Corporate Development since June 2013 and as our General Counsel and Secretary since April 2009, and also served as our Managing Director-EMEA from January 2015 to June 2016. He was appointed as Vice President of Corporate Development in November 2008. Mr. Marlow also served on our board of directors from August 2005 until August 2011. Mr. Marlow holds a B.A. in Sociology from Colgate University and a J.D. from the University of California (Berkeley) School of Law.

**Leadership Structure**

Mr. Shmunis currently serves as both Chairman of our board of directors and CEO. Our board of directors believes that the current board leadership structure, coupled with a strong emphasis on board independence, provides effective

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independent oversight of management while allowing the board and management to benefit from Mr. Shmunis's leadership, Company specific experience and years of experience as an executive in the technology industry. Serving on our board of directors and as CEO since our founding in 1999, except when he served solely as our Executive Chairman from August 2023 until December 2023, Mr. Shmunis is best positioned to identify strategic priorities, lead critical discussion and execute our strategy and business plans. Mr. Shmunis possesses detailed in-depth knowledge of the issues, opportunities and challenges facing us. Independent directors and management sometimes have different perspectives and roles in strategy development. Our independent directors bring experience, oversight and expertise from outside of our Company, while the CEO brings Company specific experience and expertise. The board of directors believes that Mr. Shmunis's combined role enables strong leadership, creates clear accountability and enhances our ability to communicate our message and strategy clearly and consistently to stockholders.

**Lead Independent Director**

Our corporate governance guidelines provide that one of our independent directors should serve as a lead independent director at any time when the Chairman is not independent. Because our CEO, Mr. Shmunis, is our Chairman, our board of directors appointed Mr. Bhatt to serve as our lead independent director. Our lead independent director presides over periodic meetings of our independent directors, serves as a liaison between our Chairman and the independent directors, and performs such additional duties as our board of directors otherwise determines and delegates from time to time.

**Board Committees**

Our board of directors has established an audit committee, a compensation committee and a nominating and corporate governance committee. Our board of directors, acting pursuant to a resolution adopted by a majority of the authorized directors, may establish other committees from time to time. The charters for each of our committees are available on our website at ir.ringcentral.com.

***Audit Committee***

Our audit committee oversees our accounting and financial reporting process and the audit of our financial statements and assists our board of directors in monitoring our financial systems and our legal and regulatory compliance. Our audit committee is responsible for, among other things:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• appointing, approving the compensation of, supervising, evaluating and assessing the independence of our independent registered public accounting firm;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• pre-approving auditing and permissible non-audit services, and the terms of such services, to be provided by our independent registered public accounting firm;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• reviewing annually a report by the independent registered public accounting firm regarding the independent registered public accounting firm's internal quality control procedures and various issues relating thereto;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• reviewing and discussing with management and the independent registered public accounting firm our annual and quarterly financial statements and related disclosures;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• coordinating the oversight and reviewing the adequacy of our internal control over financial reporting with both management and the independent registered public accounting firm;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• establishing policies and procedures for the receipt and retention of accounting related complaints and concerns, including a confidential, anonymous mechanism for the submission of concerns by employees;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• periodically reviewing legal compliance matters, including securities trading policies, periodically reviewing significant accounting and other financial risks or exposures to our Company and reviewing and, if appropriate, approving all transactions between our Company or its subsidiaries and any related party (as described in Item 404 of Regulation S-K);

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• periodically reviewing our Code of Business Conduct and Ethics;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• reviewing and discussing the adequacy and effectiveness of our policies and internal controls regarding information and technology security, cybersecurity, and privacy related areas with management;

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• establishing policies for the hiring of employees and former employees of the independent registered public accounting firm; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• reviewing the audit committee report required by SEC rules to be included in our annual proxy statement.

The audit committee has the power to investigate any matter brought to its attention within the scope of its duties and the authority to retain counsel and advisors to fulfill its responsibilities and duties.

Our audit committee is currently comprised of Prat Bhatt, Kenneth Goldman, and Robert Theis. Mr. Bhatt is the chairperson of the committee. Our board of directors has designated Robert Theis, Kenneth Goldman, and Prat Bhatt as "audit committee financial experts," as defined under the rules of the SEC implementing Section 407 of the Sarbanes Oxley Act of 2002.

Our board of directors has considered the independence and other characteristics of each member of our audit committee and has concluded that the composition of our audit committee meets the requirements for independence under the current requirements of the NYSE and SEC rules and regulations. Audit committee members must satisfy additional independence criteria set forth under Rule 10A-3 under the Securities Exchange Act of 1934, as amended (the "Exchange Act"). In order to be considered independent for purposes of the Rule 10A-3, an audit committee member may not, other than in his or her capacity as a member of the audit committee, accept consulting, advisory or other fees from us or be an affiliated person of us. Each of the members of our audit committee qualifies as an independent director pursuant to Rule 10A-3.

No member of our audit committee may simultaneously serve on the audit committee of more than two additional public companies unless our board of directors determines that such simultaneous service would not impair the ability of such member to effectively serve on the audit committee and discloses such determination in accordance with the requirements of the NYSE. Our board of directors has considered Mr. Goldman's simultaneous service on the audit committees of RingCentral and more than two other public companies and has determined that such simultaneous service does not impair his ability to effectively serve as a member of our audit committee.

***Compensation Committee***

Our compensation committee oversees our compensation policies, plans and programs. The compensation committee is responsible for, among other things:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• reviewing and recommending policies, plans and programs relating to compensation and benefits of our directors, officers and employees;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• annually reviewing and approving corporate goals and objectives relevant to compensation of our chief executive officer and other executive officers;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• annually evaluating the performance of our chief executive officer in light of such corporate goals and objectives and recommending the compensation of our chief executive officer and our other executive officers to the board of directors for its approval;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• administering our equity compensations plans for our employees and directors; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• reviewing for inclusion in this Form 10-K/A the report of the compensation committee required by the SEC.

The compensation committee also has the power to investigate any matter brought to its attention within the scope of its duties and the authority to retain counsel and advisors to fulfill its responsibilities and duties.

Our compensation committee is currently comprised of Robert Theis, Prat Bhatt, and Kenneth Goldman. Mr. Theis is the chairperson of the committee. Our board of directors has determined that each member of the compensation committee is an independent director for compensation committee purposes as that term is defined in the applicable rules of the NYSE and is a "non-employee director" within the meaning of Rule 16b-3(d)(3) under the Exchange Act.

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***Nominating and Corporate Governance Committee***

Our nominating and corporate governance committee, or nominating committee, oversees and assists our board of directors in reviewing and recommending corporate governance policies and nominees for election to our board of directors and its committees. The nominating committee is responsible for, among other things:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• evaluating and making recommendations regarding the organization and governance of our board of directors and its committees and changes to our certificate of incorporation and bylaws and stockholder communications;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• reviewing succession planning for our chief executive officer and other executive officers and evaluating potential successors;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• assessing the performance of board members and making recommendations regarding committee and chair assignments and composition and size of our board of directors and its committees;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• recommending desired qualifications for board and committee membership and conducting searches for potential members of our board of directors;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• evaluating and making recommendations regarding the creation of additional committees or the change in mandate or dissolution of committees;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• overseeing director orientation and continuing education;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• reviewing and making recommendations with regard to our corporate governance guidelines and compliance with laws and regulations; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• reviewing and approving conflicts of interest of our directors and corporate officers, other than related party transactions reviewed by the audit committee.

The nominating committee also has the power to investigate any matter brought to its attention within the scope of its duties. It also has the authority to retain counsel and advisors to fulfill its responsibilities and duties.

Our nominating committee is currently comprised of Kenneth Goldman, Amy Guggenheim Shenkan, and Robert Theis. Mr. Goldman is the chairperson of the committee. Each of the nominating committee members is an independent director for nominating committee purposes as that term is defined in the applicable rules of the NYSE.

**Considerations in Evaluating Director Nominees**

The nominating committee uses a variety of methods for identifying and evaluating director nominees. In its evaluation of director candidates, the nominating committee will consider the current size and composition of the board of directors and the needs of the board of directors and the respective committees of the board of directors. Some of the qualifications that the nominating committee considers include, without limitation, issues of character, integrity, judgment, diversity, independence, area of expertise, corporate experience, length of service, potential conflicts of interest and other commitments. The nominating committee requires the following minimum qualifications to be satisfied by any nominee for a position on our board of directors, (1) the highest personal and professional ethics and integrity, (2) proven achievement and competence in the nominee's field and the ability to exercise sound business judgment, (3) skills that are complementary to those of the existing members of our board of directors, (4) the ability to assist and support management and make significant contributions to the Company's success, and (5) an understanding of the fiduciary responsibilities that are required of a member of our board of directors, and the commitment of time and energy necessary to diligently carry out those responsibilities. Other than the foregoing, there are no stated minimum criteria for director nominees, although the nominating committee may also consider such other factors as it may deem, from time to time, are in our and our stockholders' best interests. The nominating committee may also take such measures that it considers appropriate in connection with its evaluation of a director candidate, including candidate interviews, inquiry of the person or persons making the recommendation or nomination, engagement of an outside search firm to gather additional information, or reliance on the knowledge of the members of the nominating committee, the board of directors or management.

Although the board of directors does not maintain a specific policy with respect to board diversity, the board of directors believes that the board should exhibit a wide range of views and perspectives. Accordingly, the nominating committee considers a broad range of backgrounds, experiences and other factors as it oversees the annual board of director and committee

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evaluations. After completing its review and evaluation of director candidates, the nominating committee recommends to the full board of directors the director nominees for selection.

**Stockholder Recommendations for Nominations to the Board of Directors**

The nominating committee will consider candidates for director recommended by stockholders holding at least one percent (1%) of the fully diluted capitalization of the Company continuously for at least twelve (12) months prior to the date of the submission of the recommendation, so long as such recommendations comply with the certificate of incorporation and bylaws of our Company and applicable laws, rules and regulations, including those promulgated by the SEC. The committee will evaluate such recommendations in accordance with its charter, our bylaws, our policies and procedures for director candidates, as well as the regular nominee criteria described above. This process is designed to ensure that the board of directors includes members with a range of backgrounds, skills and experience, including appropriate financial and other expertise relevant to our business. Eligible stockholders wishing to recommend a candidate for nomination should contact our General Counsel or our Legal Department in writing. Such recommendations must include the information and the documentation about the candidate required by Section 2.4 of our bylaws, including, without limitation, relevant qualifications, a signed letter from the candidate confirming willingness to serve, a statement of support by the recommending stockholder, information regarding any relationships between the candidate and the Company and evidence of the recommending stockholder's ownership of Company stock. The committee has discretion to decide which individuals to recommend for nomination as directors.

**Corporate Governance Guidelines and Code of Business Conduct and Ethics**

We have adopted Corporate Governance Guidelines that address items such as the qualifications and responsibilities of our directors and director candidates and corporate governance policies and standards applicable to us in general. In addition, we have adopted a Code of Business Conduct and Ethics that is applicable to all of our employees, officers and directors, including our chief executive and senior financial officers. The Corporate Governance Guidelines and Code of Business Conduct and Ethics are available on our website at ir.ringcentral.com. We expect that any amendment to the Code of Business Conduct and Ethics, or any waivers of its requirements, will be disclosed on our website.

**Risk Management**

Risk is inherent with every business, and we face a number of risks, including strategic, financial, business and operational, legal and compliance, and reputational. We have designed and implemented processes to manage risk in our operations. Management is responsible for the day-to-day management of risks the Company faces, while our board of directors, as a whole and assisted by its committees, has responsibility for the oversight of risk management. In its risk oversight role, our board of directors has the responsibility to satisfy itself that the risk management processes designed and implemented by management are appropriate and functioning as designed.

Our board of directors believes that open communication between management and the board of directors is essential for effective risk management and oversight. Our board of directors meets with members of the senior management team at regular board meetings, where, among other topics, they discuss strategy and risks facing the Company.

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**Compensation Committee Interlocks and Insider Participation**

None of the members of our compensation committee is an officer or employee of our Company. None of our executive officers currently serves, or in the past year has served, as a member of the board of directors or compensation committee of any entity that has one or more executive officers serving on our board of directors or compensation committee.

**Non-Employee Director Compensation**

Our board of directors has approved a compensation program for non-employee directors to attract, retain and reward its qualified directors and align the financial interests of the non-employee directors with those of our stockholders.

The compensation committee has the primary responsibility for reviewing and approving the compensation paid to non-employee directors. The compensation committee reviews at least annually the type and form of compensation paid to our non-employee directors, which includes a market assessment and analysis by our independent compensation consulting firm, Compensia, Inc. ("Compensia") regarding practices at comparable companies. As part of this analysis, Compensia reviews non-employee director compensation trends and data from companies comprising the same executive compensation peer group used by the compensation committee in connection with its review of executive compensation. Based on this review, the compensation committee has made adjustments to the non-employee director compensation program, most recently in April 2025, in an effort to provide competitive compensation opportunities for our non-employee directors.

Pursuant to this compensation program, each non-employee director received cash and equity compensation for board services in 2025 as described below. In addition, we reimburse our non-employee directors for expenses incurred in connection with attending board and committee meetings as well as continuing director education.

***Cash Compensation***

Starting in April 2025, our non-employee directors were entitled to receive the following cash compensation for their services:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• $50,000 per year for service as a board member;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• $45,000 per year for service as lead independent director;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• $30,000 per year for service as chair of the audit committee;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• $25,000 per year for service as chair of the compensation committee;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• $20,000 per year for service as chair of the nominating committee;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• $12,500 per year for service as member of the audit committee;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• $10,000 per year for service as member of the compensation committee; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• $5,000 per year for service as member of the nominating committee.

From January 2025 to April 2025, our non-employee directors were entitled to receive the following cash compensation for their services:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• $50,000 per year for service as a board member;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• $30,000 per year for service as lead independent director;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• $30,000 per year for service as chair of the audit committee;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• $20,000 per year for service as chair of the compensation committee;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• $15,000 per year for service as chair of the nominating committee;

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• $12,500 per year for service as member of the audit committee;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• $10,000 per year for service as member of the compensation committee; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• $5,000 per year for service as member of the nominating committee.

All cash payments to non-employee directors are paid quarterly in arrears.

From time to time, non-employee directors may also be compensated, generally in cash, for serving on a special or sub-committee of the board of directors.

***Equity Compensation***

Starting in April 2025, our non-employee directors were entitled to receive the following equity compensation under our non-employee director compensation program:

On the first trading day on or after January 1 of each year, each non-employee director will be granted an annual award of RSUs having an award value (as determined based on the simple average of the closing prices over the trading days in the calendar month prior to the calendar month that contains the grant date) of $300,000, which award will vest in equal quarterly installments on April 1, July 1, October 1, and January 1, subject to the non-employee director continuing to be a service provider through such vesting date. For calendar year 2025, the annual award was granted on June 1, had an award value of $150,000, and vested in two equal installments on October 1 and January 1.

In addition, each person who becomes a non-employee director will be granted, on the first day of the month coincident with or immediately following the date such person first becomes a non-employee director, an initial award of RSUs having an award value (as determined based on the simple average of the closing prices over the trading days in the calendar month prior to the calendar month that contains the grant date) of $300,000, pro-rated for the total number of months from the start date through December 31 of that same year. For example, if such non-employee director's start date was May 1, the value of the initial award would be $200,000, calculated as the product of eight out of twelve months multiplied by $300,000. The initial award will vest in equal installments on any quarterly vesting dates (April 1, July 1, October 1, and January 1) that occur between the grant date and January 2 of the following year, subject to the non-employee director continuing to be a service provider through such vesting date.

In the event of a change in control, 100% of the non-employee director's outstanding and unvested equity awards will immediately vest and, if applicable, become exercisable. In no event will an award granted under the policy be greater than the non-employee director limits set forth in our Amended and Restated 2013 Equity Incentive Plan (the "2013 Plan").

The following table shows, for the fiscal year ended December 31, 2025, certain information with respect to the compensation of all of our non-employee directors.

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| | | | | |
|:---|:---|:---|:---|:---|
| **Name** | **Fees Earned<br> or Paid in Cash ($)** | **Stock Awards ($)(1)** | **All Other Compensation ($)** | **Total ($)** |
| Prat Bhatt (2) | 131250 | 482426 |  | 613676 |
| Mignon Clyburn (3) | 55000 | 145467 |  | 200467 |
| Mahmoud ElAssir (4) | 137 |  |  | 137 |
| Kenneth Goldman (5) | 91250 | 145467 |  | 236717 |
| Amy Guggenheim Shenkan (6) | 55000 | 745449 |  | 800449 |
| Robert Theis (7) | 91250 | 145467 |  | 236717 |

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(1)The amounts listed in the "Stock Awards" column represent the aggregate fair value of RSUs granted in the fiscal year ended December 31, 2025 and calculated in accordance with FASB ASC Topic 718 ("ASC Topic 718"). See Note 12 to the Notes to our Consolidated Financial Statements for a discussion of assumptions made in determining the grant date fair value, included as Item 8 to our Original Report.

(2)The amount listed in the "Stock Awards" column is comprised of (i) the annual award of RSUs granted on June 1, 2025 and (ii) an additional award of RSUs granted on April 1, 2025 having an award value of $450,000, which award vests in equal annual installments over a three-year period on April 1, 2025, March 1, 2026, and March 1, 2027, subject to Mr. Bhatt continuing to be a service provider

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through such vesting date. The additional award was granted because, when Mr. Bhatt joined our board of directors, he received an initial award of RSUs on March 1, 2024 having an award value of $150,000. While that amount was correctly prorated pursuant to the terms of the then-existing non-employee director compensation program, the board determined, with all of the independent, disinterested directors approving and Mr. Bhatt abstaining, that such proration language as drafted was inconsistent with the intent of the board and that Mr. Bhatt should have received an initial award having an award value of $600,000, which was the full amount of the initial award under the then-existing non-employee director compensation program. The additional award of $450,000 was converted into a number of RSUs based on the same per share price used for the initial award on March 1, 2024. As a result, the dollar amount reflected in the "Stock Awards" column for the additional award was only $336,958. As of December 31, 2025, Mr. Bhatt held 14,640 RSUs, of which (i) 2,977 shares of our Class A Common Stock underlying the RSUs vest in two equal annual installments on March 1 of each of 2026 and 2027, (ii) 8,858 shares of our Class A Common Stock underlying the RSUs vest in two equal installments on March 1, 2026 and March 1, 2027, and (iii) 2,805 shares of our Class A Common Stock underlying the RSUs vested on January 1, 2026, subject to his continued service with us.

(3)The amount listed in the "Stock Awards" column is comprised of the annual award of RSUs granted on June 1, 2025. Ms. Clyburn's term as a board member ended on December 31, 2025. In connection with the end of her board service, Ms. Clyburn forfeited all of her unvested equity awards vesting after January 1, 2026.

(4)Mr. ElAssir became a member of our board of directors in December 2025 and received his initial equity grants in 2026.

(5)The amount listed in the "Stock Awards" column is comprised of the annual award of RSUs granted on June 1, 2025. As of December 31, 2025, Mr. Goldman held 2,805 RSUs. All shares of our Class A Common Stock underlying the RSUs will vested on January 1, 2026.

(6)The amount listed in the "Stock Awards" column is comprised of (i) the annual award of RSUs granted on June 1, 2025 and (ii) an initial award of RSUs granted on February 28, 2025 having an award value of $600,000, which award vests in equal annual installments over a three-year period on each of the dates that is one year, two years, and three years from the date of grant, subject to Ms. Shenkan continuing to be a service provider through such vesting date. In accordance with the terms of our policy, because Mr. Shenkan joined the board during a Company blackout period, the initial award was granted on the fifth trading day that followed the expiration of such Company blackout period. When Ms. Shenkan was nominated to our board of directors and disclosed in our proxy statement in early December 2024, the value of the initial award under our non-employee director compensation program had been reduced from $600,000 to $400,000 but had not yet been publicly disclosed. Due to this discrepancy, before Ms. Shenkan joined the board, the board determined, with all of the independent, disinterested directors approving, that Ms. Shenkan should receive an initial award of $600,000, which would not be prorated. As of December 31, 2025, Ms. Shenkan held 23,894 RSUs, of which (i) 21,089 shares of our Class A Common Stock underlying the RSUs vest in three equal annual installments on February 28 of each of 2026, 2027 and 2028, (ii) 2,805 shares of our Class A Common Stock underlying the RSUs vest on January 1, 2026, subject to her continued service with us.

(7)The amount listed in the "Stock Awards" column is comprised of the annual award of RSUs granted on June 1, 2025. As of December 31, 2025, Mr. Theis held 2,805 RSUs. All shares of our Class A Common Stock underlying the RSUs vested on January 1, 2026.

**Delinquent Section 16(a) Reports**

Section 16(a) of the Exchange Act, requires that our executive officers and directors, and persons who own more than 10% of our common stock, file reports of ownership and changes of ownership with the SEC. Such directors, executive officers and 10% stockholders are required by SEC regulation to furnish us with copies of all Section 16(a) forms they file.

SEC regulations require us to identify anyone who filed a required report late during the most recent year. Based on our review of forms we received, or written representations from reporting persons stating that they were not required to file these forms, we believe that during our fiscal year ended December 31, 2025, all Section 16(a) filing requirements were satisfied on a timely basis.

**Item 11. Executive Compensation**

**Compensation Discussion and Analysis**

This Compensation Discussion and Analysis provides an overview of our executive compensation philosophy, the material principles governing executive compensation policies and decisions, and the material elements of compensation awarded to, earned by or paid to our named executive officers. In addition, we explain how and why the independent compensation committee determines the specific compensation elements that made up our 2025 executive compensation program.

Our named executive officers for fiscal 2025 were:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Vladimir Shmunis, Chairman and Chief Executive Officer ("CEO");

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Vaibhav Agarwal, Chief Financial Officer ("CFO");

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Kira Makagon, President and Chief Operating Officer ("COO");

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• John Marlow, Chief Administrative Officer, Senior Vice President, Corporate Development, General Counsel and Secretary ("CAdO"); and

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Abhey Lamba, former CFO.

The information in this Compensation Discussion and Analysis provides perspective and narrative analysis relating to, and should be read along with, the executive compensation tables.

Mr. Agarwal succeeded Mr. Lamba as CFO effective as of August 5, 2025.

Ms. Makagon was appointed as President and COO effective as of February 19, 2025.

Mr. Lamba resigned from the Company effective as of August 5, 2025.

**2025 Executive Compensation Highlights**

Consistent with our compensation philosophy and objectives, the compensation committee took the following actions with respect to the compensation of our named executive officers for 2025:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• *Base Salary*—Maintained base salary amounts for our existing named executive officers, as described in the "Base Salary" section below;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*• Non-Equity Incentive Plan Compensation*—Approved a bonus plan for our named executive officers that paid out only if we achieved quarterly revenue and Non-GAAP operating margin goals that were set to be aggressive and achievable with strong leadership from our executive team described in the "Annual Incentive Compensation" section below. Quarterly payouts under the plan were made in the form of restricted stock units ("RSUs") that were fully vested upon grant to further align the interests of our stockholders and our executive officers, as described in the "Annual Incentive Compensation" section below;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• *Annual Equity Compensation*—Granted time-based RSUs and performance-based RSUs ("PSUs") as part of our annual compensation in an effort to retain our named executive officers, provide incentives for them to continue to grow our business and enhance the link between their interests and the interests of our stockholders, as described in the "Equity Compensation" section below; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• *New Appointment Equity Compensation*—Granted equity awards to Mr. Agarwal in connection with his appointment.

**Compensation Philosophy and Objectives**

The overall objective of our executive compensation program is to tie executive compensation to the performance of our Company. Our executive compensation is designed with a mix of short-term and long-term components, cash and equity elements and fixed and contingent payments in proportions that we believe provide appropriate incentives to retain and motivate our named executive officers, and other senior executives and management team and help to achieve success in our business.

Our future success depends, in part, on our ability to continue to attract and retain highly skilled personnel. Our executive compensation program seeks to achieve this objective by ensuring that we can:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Reward talented executives, who possess the proven experience, knowledge, skills, and leadership criteria;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Motivate our executive officers by giving them a stake in our growth and prosperity and encouraging the continuance of their services with us; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Align the interests of stockholders and named executive officers without creating an incentive for inappropriate risk-taking.

Based on this philosophy, we have designed our executive compensation program to encourage the achievement of strong overall financial results, particularly revenue growth and Non-GAAP operating margin.

**Executive Compensation Policies and Practices**

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We endeavor to maintain compensation policies and practices that are consistent with sound governance standards. We believe it is important to provide competitive compensation packages and a high-quality work environment in order to hire, retain and motivate key personnel. Our compensation committee evaluates our executive compensation program on an ongoing basis to ensure that it is consistent with our short-term and long-term goals given the nature of the market in which we compete for key personnel. The following policies and practices were in effect during 2025:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• *Independent Compensation Committee*. Our compensation committee is comprised solely of independent directors who have established effective means for communicating with each other and with stockholders, and implementing their executive compensation ideas, as well as addressing concerns;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• *Compensation Consultant*. Our compensation committee engaged its own independent compensation consultant, Compensia, to assist with its 2025 compensation reviews. Compensia performed no other consulting or other services for us;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• *Annual Executive Compensation Review*. Our compensation committee conducts an annual review and approval of our compensation strategy, including a review of our compensation peer group used for comparative purposes;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• *Performance-Based Compensation*. Our executive compensation program is designed so that a significant portion of compensation is performance-based, and therefore "at risk," dependent upon corporate performance, as well as equity-based to align the interests of our executive officers with our stockholders. The overall performance and contribution of the executive is also considered in determining each individual's compensation;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• *Minimal Perquisites and Special Benefits*. The members of our executive team are eligible to participate in broad-based Company-sponsored retirement, health and welfare benefits programs on the same basis as our other full-time, salaried employees. At this time, we do not regularly provide any perquisites or other personal benefits to the members of our executive team;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• *No "Golden Parachute" Tax Reimbursements*. We do not provide any tax reimbursement payments (including "gross-ups") on any tax liability that our executive officers might owe as a result of the application of Sections 280G or 4999 of the Internal Revenue Code (the "Code");

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• *No Hedging and Pledging*. Our Insider Trading Policy prohibits our employees, including our executive officers and the members of our board of directors, from hedging any Company securities and from pledging any Company securities as collateral for a loan;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• *No "Single-Trigger" Change-in-Control Arrangements;* "*Double-Trigger" Change-in-Control Arrangements*. There are no payments and benefits that are payable solely as a result of a change-in-control in the Company. All change-in-control payments and benefits are based on a "double-trigger" arrangement (that is, they require both a change-in-control of our Company plus an involuntary termination of employment before payments and benefits are paid); and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*• Stockholder Advisory Votes on Named Executive Officer Compensation.* Our stockholders have an opportunity to cast an advisory vote to (i) approve our named executive officers' compensation and (ii) approve the frequency of the vote to approve the named executive officers' compensation. Our stockholders have voted in favor of annual advisory votes on the named executive officers' compensation. At the 2025 annual meeting of stockholders, approximately 71% of the votes cast voted to approve our named executive officers' compensation. We will consider the results from this year's and future years' stockholder advisory votes on named executive officer compensation when making decisions about our executive compensation program.

**Compensation-Setting Process**

***Compensation Committee***

Each year, our compensation committee conducts a review of our executive compensation program and related policies and practices. At the beginning of each year, the compensation committee assesses the prior year performance and establishes bonus targets and metrics for the current year and annual equity award grants for our named executive officers. In addition, the compensation committee reviews and determines the base salary of our named executive officers. In determining the compensation of the members of our executive team, including our named executive officers, for 2025, our compensation committee reviewed the compensation arrangements, including base salary, target bonus and equity compensation, of our

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executive officers and considered an analysis of competitive market data presented by the compensation committee's advisor, Compensia, a national compensation consulting firm that provides executive compensation advisory services, as well as our overall strategic business plan. Market data was used primarily as a reference point for measuring the competitive marketplace, and was one factor among others, used by the compensation committee in determining executive compensation. Other factors the compensation committee considers in making its executive compensation decisions include input from our CEO, COO, CFO, and CAdO (except regarding their own compensation), past individual performance and expected future performance, vesting status and value of existing equity awards, and internal pay equity based on the impact of business and performance.

***Role of Management***

In carrying out its responsibilities, the compensation committee works with members of our management, including our CEO, COO, CFO, and CAdO. Typically, these members of management assist the compensation committee in developing the annual bonus plans based on metrics that contain attainable target levels that are achievable through the commitment and leadership of our executive officers. Our CEO provides recommendations on compensation matters for our employees in general and all of his direct reports, including our executive officers. The CEO, COO, CFO, and CAdO usually attend compensation committee meetings. No members of management participate in discussions or decisions regarding their own compensation and none of them are present when their own compensation is determined.

***Role of Compensation Consultant***

Compensia has been engaged by and serves as the compensation committee's compensation consultant. Compensia reviews the compensation arrangements of the members of our executive team and generally assists the compensation committee in analyzing executive officer and employee compensation, and the compensation of non-employee members of our board of directors. Compensia provides support for the compensation committee by attending meetings of the compensation committee, providing recommendations regarding the composition of our compensation peer group, analyzing compensation data and formulating recommendations for executive and non-employee director compensation. Our compensation committee also works directly with Compensia from time to time to obtain additional information or clarity regarding data provided by Compensia, and also requests specific analyses to assist the compensation committee in the design and structure of our executive and non-employee director compensation programs.

The compensation committee has determined that the work of Compensia does not give rise to any "conflict of interest" in accordance with Item 407(e)(3)(iv) of Regulation S-K and the listing standards of the NYSE.

***Competitive Positioning***

In setting executive compensation, our compensation committee uses publicly-available data on the compensation policies and practices of comparable publicly-traded companies as a reference to understand the competitive market for executive talent. With respect to decisions regarding the 2025 compensation of the members of our executive team, including the named executive officers, our compensation committee reviewed an analysis prepared by Compensia of competitive market data derived from the companies in the following compensation peer group (which was approved by our compensation committee in February 2025):

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| | | |
|:---|:---|:---|
| 8x8 | Five9 | Twilio |
| Asana | Freshworks | Verint Systems |
| Bandwidth | MeridianLink | Zoom Communications |
| Box | Qualys | Zoominfo Technologies |
| C3.ai | SentinelOne | Zuora |
| Dropbox | Sprinklr | |

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In selecting the companies that comprised the compensation peer group, the compensation committee focused primarily on public companies in the same or similar country or countries of operation, industry group and financial comparability, which include revenue and market capitalization. The companies that comprise the peer group are our competitors in the labor and capital markets and have similar growth and performance potential.

This competitive market data was used as a reference in the course of our compensation committee's review and evaluation of our executive compensation program and decisions regarding executive compensation in 2025. The competitive market data is useful to understand market practice and to provide a general context for its decisions. The compensation committee determines the nature and the extent of the use of market data, which varies by executive. Actual compensation is

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based on individual performance, experience, responsibilities and other criteria selected by our compensation committee. While the compensation committee does not target any component of our executive compensation program to a particular level versus the competitive market, our compensation committee generally refers to a range of the 50th to the 75th market percentile when making its executive compensation decisions. The competitive market data was not used to benchmark the compensation for our named executive officers.

**Compensation Overview**

Our executive compensation program for 2025 consisted of the following principal compensation elements:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Base salary;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Annual incentive compensation paid, if earned, in the form of RSUs; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Long-term incentive compensation in the form of (i) annual grants of time-based RSUs and PSUs and (ii) equity awards granted in connection with the appointments of Mr. Agarwal.

We are committed to providing appropriate cash and equity incentives to compensate our named executive officers in a manner that our compensation committee determines is reasonable and appropriate to motivate and retain key talent.

**Base Salary**

Base salary is a customary, fixed element of compensation intended to attract and retain our named executive officers and compensate them for their day-to-day efforts. Our board of directors and/or the compensation committee reviews base salary every year, as well as at the time of a promotion or other change in responsibilities, and considers each executive officer's performance, prior base salary level, the competitive market data, breadth of role, and the other factors described in the "Compensation Setting Process—Compensation Committee" section above. Our board of directors and the compensation committee do not target base pay at any particular level versus the competitive market data. In 2025, no adjustments were made to the base salaries of our then-named executive officers.

The following table sets forth the 2025 base salary for each of our named executive officers.

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|:---|:---|:---|:---|
| **Name** | **2025**<br>**Base Salary** | **2024**<br>**Base Salary** | **Percent <br>Increase** |
| Vladimir Shmunis | $500000 | $500000 |  |
| Vaibhav Agarwal | $500000 | $500000 |  |
| Kira Makagon | $500000 |  |  |
| John Marlow | $450000 | $450000 |  |
| Abhey Lamba | $500000 | $500000 |  |

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The actual base salaries paid to our named executive officers during 2025 are set forth in the Summary Compensation Table below.

**Annual Incentive Compensation**

The compensation committee establishes annual incentive compensation opportunities under our bonus plan (the "Bonus Plan"). Consistent with our historical practices, bonuses for 2025 under the Bonus Plan were designed to motivate and reward our named executive officers to perform to the best of their abilities and to achieve our objectives.

***Target Annual Incentive Opportunities***

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In May 2025, the compensation committee reviewed the target annual incentive opportunities of our named executive officers, taking into consideration each such named executive officer's total annual compensation opportunity, the competitive market data with an emphasis generally on the 50th through 75th percentile of total target cash compensation opportunities, breadth of responsibilities and the other factors described in the "Compensation Setting Process—Compensation Committee" section above. Following this review, our compensation committee determined that no adjustments should be made to the annual incentive opportunities of our then-named executive officers. Mr. Lamba's target annual incentive opportunity was determined through arm's-length negotiation when he was hired.

The target annual incentive opportunities of our named executive officers for 2025 were:

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|:---|:---|:---|
| **Name** | **2025 Target Bonus** <br>**Opportunity (as a % of 2025 Base Salary)** | **2025 Target Bonus** <br>**Opportunity** |
| Vladimir Shmunis | 100% | $500000 |
| Vaibhav Agarwal | 100% | $500000 |
| Kira Makagon | 100% | $500000 |
| John Marlow | 100% | $450000 |
| Abhey Lamba | 100% | $500000 |

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***2025 Bonus Plan Design and Achievement***

For 2025, there are four quarterly performance periods, ending on March 31, June 30, September 30, and December 31. The bonus pool under the Bonus Plan funds based on our achievement against the quarterly target levels established by the compensation committee of the following performance metrics (weighted 50% each): (i) revenues and (ii) Non-GAAP operating margin. These metrics have the following meanings under the Bonus Plan:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• "*revenues*" means the Company's net revenues generated from third parties, including both subscriptions revenue and other revenues, each as defined in this Form 10-K. Net revenue is defined as gross sales less any pertinent discounts, refunds, or other contra-revenue amounts, as presented on the Company's press release reporting the applicable quarterly financial results.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• "*Non-GAAP operating margin*" means the Company's Non-GAAP income from operations divided by its "revenues" determined using the definition above. Non-GAAP income from operations means the Company's "revenues" less cost of revenues and operating expenses, excluding share-based compensation expense, amortization of acquisition related intangibles, legal settlement related charges and as adjusted for certain acquisitions, as presented on the Company's press release reporting the applicable quarterly financial results.

With respect to revenues, for 100% of the bonus pool for any particular quarter to fund, 100% of the quarterly revenues target established by the compensation committee needed to be achieved. For each 0.1% of revenues that was achieved above the 100% of the quarterly revenues target established by the compensation committee, the bonus pool with respect to revenue would be increased by 1% (up to a maximum bonus pool equal to 150% of the target amount), and for each 0.1% of revenue that was achieved below 100% of the quarterly revenues target established by the compensation committee, the bonus pool with respect to revenues would be reduced by 1%.

With respect to Non-GAAP operating margin, for 100% of the bonus pool for any particular quarter to fund, the quarterly Non-GAAP operating margin must be within 0.5 points of the 100% of the quarterly Non-GAAP operating margin target established by the compensation committee (this 1.0-point range, the "quarterly Non-GAAP operating margin target range"). For each 0.1 points that was achieved above the quarterly Non-GAAP operating margin target range, the bonus pool with respect to Non-GAAP operating margin would be increased by 1% (up to a maximum bonus pool equal to 150% of the target amount), and for each 0.1 points that was below the quarterly Non-GAAP operating margin target range, the bonus pool with respect to Non-GAAP operating margin would be reduced by 1%.

For the bonus pool under the Bonus Plan to fund for any particular quarter, we had to achieve (i) quarterly revenues at least equal to the low end of the range for revenues expected by analyst consensus estimates after we publicly disclosed our guidance for such quarter, and (ii) quarterly Non-GAAP operating margin at least equal to the low end of the range for Non-GAAP operating margin expected by analyst consensus estimates after we publicly disclosed our guidance for such quarter.

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The following chart sets forth our 2025 quarterly targets against each metric under the Bonus Plan, actual achievement against those targets, and the corresponding percentage payouts to the named executive officer each quarter:

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|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| | **Revenue** | **Revenue** | **Revenue** | **Revenue** | **Non-GAAP Operating Margin** | **Non-GAAP Operating Margin** | **Non-GAAP Operating Margin** | **Non-GAAP Operating Margin** |
| | **Q1** | **Q2** | **Q3** | **Q4** | **Q1** | **Q2** | **Q3** | **Q4** |
| Target (in millions) | $609.3 | $619.5 | $635.4 | $650.9 | 21.3% | 22.3% | 22.6% | 23.6% |
| Achievement (% of Target) | 100.5% | 100.1% | 100.5% | 99.0% | 102.1% | 101.3% | 100.9% | 96.3% |
| Payout (% of Target) | 104.6% | 101.4% | 105.1% | 89.5% | 100.0% | 100.0% | 100.0% | 96.3% |

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Based upon our actual financial performance as measured against the approved performance metrics and the formula under the Bonus Plan, the payout percentages for each of the four quarters in 2025 were as follows: 102.3% (Q1), 100.7% (Q2), 102.6% (Q3) and 92.9% (Q4).

In January 2025, our compensation committee approved the 2025 Key Employee Equity Bonus Plan for our then-named executive officers (the "KEEB"), which provided that the then-named executive officers would receive any quarterly bonus achieved and payable under the Bonus Plan in 2025 in the form of RSUs granted under the 2013 Plan. The number of RSUs each named executive officer received equaled the dollar value of the quarterly bonus divided by the lower of the closing price of a share of our Class A Common Stock (i) on the first trading day of the quarter for which the quarterly bonus is assessed or (ii) on the first trading day on or after May 15, August 15, November 15, or February 15 following the quarter for which the quarterly bonus is assessed. The RSUs issued to our named executive officers were fully vested upon grant. Each year, the compensation committee will assess whether to continue the KEEB.

The aggregate dollar values of the bonuses earned by our named executive officers under the Bonus Plan for 2025 are listed in the "Non-Equity Incentive Compensation" column of the Summary Compensation Table. As described above and in the footnotes to the Summary Compensation Table, each bonus earned in 2025 was paid in the form of RSUs that are listed in the Grants of Plan-Based Awards in 2025 table below.

**Equity Compensation**

We use time-based RSUs to deliver long-term incentive compensation opportunities to our named executive officers, and we use PSUs (which provide value to our named executive officers only if the Company achieves specific operational and financial goals, since the PSUs will become eligible to vest only if these goals are achieved) to more strongly align our named executive officers' compensation with the Company's performance. The annual equity awards we granted to our then-named executive officers in May 2025 were a mix of time-based RSUs and PSUs, as described further below. Consistent with our compensation objectives, we believe this approach helps to ensure that the interests of the members of executive team are aligned with those of our stockholders and that we are able to attract and reward our top talent.

The compensation committee does not target equity compensation at any particular level versus the competitive market data, although it uses the range of the 50th percentile to the 75th percentile as a reference point during the course of its deliberations. RSUs serve as a retention tool as they vest based on continued service over time.

Our compensation committee approved annual equity awards (consisting of time-based RSUs and PSUs) to Messrs. Shmunis, Agarwal, Marlow, and Ms. Makagon in May 2025 to reward them for our corporate performance and their individual performance and to ensure that the equity awards they held were sufficient to continue to provide them with appropriate incentives to continue to grow our business.

The RSU award granted to Mr. Shmunis vests as to 1/8th of the RSUs on each of May 20, 2025, August 20, 2025, November 20, 2025, February 20, 2026, June 1, 2026, and subsequently every three months after June 1, 2026, in each case, subject to his continued service as of each vesting date. The RSU award granted to Mr. Agarwal vests as to 1/8th of the RSUs on each of May 20, 2025, August 20, 2025, November 20, 2025, March 1, 2026, and subsequently every three months after March 1, 2026, in each case, subject to his continued service as of each vesting date. The RSU award granted to Ms. Makagon vests as to 1/16th every three months on and after June 1, 2025, in each case, subject to her continued service as of each vesting date. The RSU award granted to Mr. Marlow vests as to 1/8th of the RSUs on May 20, 2025, September 1, 2025, and subsequently every three months after September 1, 2025, in each case, subject to his continued service as of each vesting date.

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For each of the PSU awards granted to these named executive officers, the PSUs become eligible to vest according to the time-based vesting schedules described below based on the achievement of performance goals for each of 2025, 2026 and, as applicable, 2027 ("achieved PSUs").

For Messrs. Shmunis, Agarwal and Marlow, up to 1/2 of the total number of eligible shares under the PSUs vest in 2026, based on 2025 performance, and up to the remaining 1/2 of the total number of eligible shares under the PSUs vest 2027, based on 2026 performance. The 2026 performance goals have not yet been determined by the board of directors.

For Ms. Makagon, up to 1/3<sup>rd</sup> of the total number of eligible shares under the PSUs vest in each of 2026, 2027, and 2028 based on performance in the prior fiscal year. 2026 and 2027 performance goals have not yet been determined by the board of directors.

The performance goals for 2025 were based on performance during 2025 with respect to three metrics on the scales below, which were weighted equally and evaluated independently from one another. 1/3<sup>rd</sup> based on revenue, 1/3<sup>rd</sup> based on free cash flow, and 1/3<sup>rd</sup> based on total shareholder return ("TSR") relative to the Bessemer Cloud Index.

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|:---|:---|:---|:---|:---|:---|
| **Revenue** | **Payout** | **Free Cash Flow** | **Payout** | **Company TSR Percentile** | **Payout** |
| Less than $2,389M | 0% | Less than $404M | 0% | Up to 10th | 0% |
| $2,389M | 0% | $404M | 0% | 11th to 20th | 25% |
| $2,515M | 100% | $505M | 100% | 21st to 30th | 50% |
| $2,641M | 200% | $606M | 200% | 31st to 40th | 75% |
|  |  |  |  | 41st to 50th | 100% |
|  |  |  |  | 51st to 60th | 125% |
|  |  |  |  | 61st to 70th | 150% |
|  |  |  |  | 71st to 80th | 175% |
|  |  |  |  | 81st to 90th | 200% |
|  |  |  |  | 91st and above | 200% |

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None of the PSUs allocated to the applicable performance goal will become achieved PSUs if the actual level of achievement is below the threshold level of performance applicable to that portion, and if the actual level of achievement is above the threshold level of performance and falls between the performance levels described above, the actual percentage of the target number of PSUs that will become achieved PSUs will be determined by linear interpolation.

The metrics used to measure 2025 performance under the PSU awards have the following meanings:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• "*revenue*" means the GAAP total revenue, as reported in our periodic reports on Form 10-K or Form 10-Q that are filed with the SEC during the applicable period.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• "*free cash flow*" means GAAP cash provided by (used in) operating activities adjusted for capitalized expenditures that include purchases of property and equipment and capitalized internal-use software.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• "*total shareholder return*" of any particular company means (i) the company's closing stock price on December 31, 2025 (plus all dividends paid between January 1, 2025 and December 31, 2025) divided by (ii) the company's closing stock price on January 1, 2025.

If a change in control occurs before January 1st of the year in which the PSUs are scheduled to vest, the number of achieved PSUs would be equal to the target number of PSUs. If a change in control occurs after December 31st of the year before the PSUs were scheduled to vest, the number of achieved PSUs will be determined based on actual achievement.

In determining the size of these awards, the compensation committee took into consideration each executive officer's current vested and unvested equity holdings, competitive market data, and the other factors described in the "Compensation Setting Process-Compensation Committee" section above.

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The intended values of the RSU awards and the intended target values of the PSU awards granted to the named executive officers in May 2025 are listed below, and each of these values was converted into the number of shares (or in the case of the PSU awards, the target number of shares) covered by the award by dividing the value by the average closing price of a share of our Class A Common Stock during the month of April 2025.

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|:---|:---|:---|
| **Name** | **Intended Value of RSUs** | **Intended Target Value of PSUs** |
| Vladimir Shmunis | $6000000 | $6000000 |
| Vaibhav Agarwal | $1500000 | $1250000 |
| Kira Makagon | $5000000 | $5000000 |
| John Marlow | $1500000 | $1500000 |

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Our achievement of the 2025 performance goals for these PSU awards was as follows: (i) our revenue for 2025 was 100% of the target level, (ii) our free cash flow for 2025 was 105% of the target level, and (iii) our TSR ranked at the 53<sup>rd</sup> percentile. Based on these levels of achievement, 110.7% of the target number of PSUs based on 2025 performance became achieved PSUs.

The performance goals for 2026, and if applicable, 2027, will be determined by the board of directors at a future date.

In connection with his appointment as Chief Financial Officer, Mr. Agarwal also received a grant of time-based restricted stock units that cover shares of the Company's Class A common stock having an intended aggregate value of $2,000,000 (the "Equity Grant"). The Equity Grant will vest as follows: provided Mr. Agarwal remains a service provider of the Company through the applicable vesting date, one-quarter of the Equity Grant will vest on September 1, 2027 and, thereafter, one-eighth of the Equity Grant will vest in equal quarterly installments on each quarterly vesting date (March 1, June 1, September 1 and December 1 of each year).

In addition, each of these equity awards granted to our named executive officers in 2025 is subject to the vesting acceleration provisions in our Change of Control and Severance Policy, which is described in the "Post-Employment Compensation" section below.

The grant date fair values of these equity awards are listed in the "Stock Awards" column of the Summary Compensation Table and in the Grants of Plan-Based Awards in 2025 table below.

As discussed above, we also issued RSUs to our named executive officers under the KEEB in settlement of their incentive payments under the Bonus Plan in 2025. These RSUs are listed in the Grants of Plan-Based Awards in 2025 table below.

**Welfare and Other Employee Benefits**

Our named executive officers are eligible to participate in the same group insurance and employee benefit plans generally available to our other salaried employees in the U.S. These benefits include medical, dental, vision, and disability benefits and other plans and programs made available to other eligible employees. We have a qualified defined contribution plan under Code Section 401(k) covering eligible employees, including our named executive officers. All participants in the plan, including each named executive officer, are eligible to make pre-tax contributions. We provide a Company 401(k) plan matching program of 50% of the employee's contributions up to the lesser of 6% of employee cash compensation and $4,050 per year. All participant 401(k) contributions and earnings, as well as all matching contributions and earnings, are fully and immediately vested.

**Perquisites**

We do not view perquisites or other personal benefits as a significant component of our executive compensation program. Accordingly, we do not regularly provide special plans or programs for our named executive officers.

All practices with respect to perquisites or other personal benefits will be subject to review and approval by the compensation committee.

**Post-Employment Compensation**

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The Company's Change of Control and Severance Policy (the "Severance Policy") applies exclusively to our Section 16 officers as designated by the administrator of the Severance Policy from time to time. Each of our named executive officers that remain with us is a participant in the Severance Policy.

We believe that this policy enables our named executive officers to maintain their focus and dedication to their responsibilities to help maximize stockholder value by minimizing distractions due to the possibility of an involuntary termination of employment or a termination of employment in connection with a potential change in control of the Company. We also believe that these arrangements furthered our interest in encouraging retention among our named executive officers.

Pursuant to the Severance Policy, if the Company terminates a participant's employment other than for cause, death or disability or the participant resigns for good reason on or within 3 months before or 12 months following a change of control (the change in control period), then, subject to the conditions described below, such participant may be eligible to receive the following severance benefits, less applicable tax withholdings, as applicable:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• A salary severance payment of 12 months (or 18 months for Mr. Shmunis) of the participant's applicable annual base salary.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• For Mr. Shmunis only, a bonus severance payment equal to 150% of such participant's annual target bonus.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• 100% of the participant's outstanding equity awards will vest and, to the extent applicable, become immediately exercisable.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Payment or reimbursement of continued health coverage for the participant and the participant's dependents under COBRA for 12 months (or 18 months for Mr. Shmunis).

Further, under the Severance Policy, if we terminate a participant's employment other than for cause, death or disability or such participant resigns for good reason at any time other than during the change in control period, then, subject to the conditions described below, such participant will be eligible to receive the following severance benefits, less applicable tax withholdings:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Continued payments totaling 12 months of the participant's applicable annual base salary over a period of 12 months.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• 1 year of vesting of the participant's outstanding equity awards.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Payment or reimbursement of continued health coverage for the participant and the participant's dependents under COBRA for a period of up to 12 months.

In October 2025, our compensation committee amended the non-change of control benefits under the Severance Policy as follows:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Continued payments at a rate equal to the participant's applicable annual base salary for the Applicable Period. The "Applicable Period" means (i) three months if the participant's employment period was less than one year, (ii) nine months if the participant's employment period was greater than or equal to one year and less than three years, and (iii) twelve months if the participant's employment period was greater than or equal to three years.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• 1 year of vesting of the participant's outstanding time-based RSUs if the participant's employment period was equal to or greater than one year.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Payment or reimbursement of continued health coverage for the participant and the participant's dependents under COBRA for the Applicable Period.

Because all of the existing named executive officers have more than three years of employment, the changes did not affect the severance benefits to which they were entitled.

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To receive the severance benefits upon a qualifying termination, either in connection with or not in connection with a change of control, a participant must sign and not revoke the Company's separation agreement and release of claims within the timeframe set forth in the Severance Policy and continue to adhere to the restrictive covenants in that release.

***Consulting Agreements***

*Abhey Lamba*

In connection with his resignation, Mr. Lamba agreed to serve as an executive advisor and provide transition services, as required, to the Company through December 31, 2025 pursuant to the terms of a transition agreement and release with the Company. Mr. Lamba was paid approximately $290,000 per month for his services and upon providing a supplemental release of claims, subject to certain payment terms. All of Mr. Lamba's unvested equity awards were cancelled as of August 5, 2025.

**Other Compensation Policies**

***Equity Award Grant Policy***

It is our policy to not time equity award grants in relation to the release of material non-public information. Our board of directors or the compensation committee may grant equity awards during our regularly scheduled meetings, special meetings, and/or by unanimous written consent. In addition, our board of directors established a management equity grant committee consisting of our CEO, CFO, and COO to grant compensatory equity awards to employees, other than our Section 16 officers. We did not grant stock options to our NEOs in 2025.

***Compensation Recovery Policy***

We have adopted a clawback policy that complies with the SEC rules under the Dodd-Frank Wall Street Reform and Consumer Protection Act and also permits us to seek to recover incentive compensation from executive officers and certain other employees who are determined to have engaged in, or in some cases to have been aware of or willfully blind to, significant misconduct.

***Insider Trading Policies and Procedures; Derivatives Trading; Hedging and Pledging Policy***

We maintain insider trading policies and procedures governing the purchase, sale, and other dispositions of our securities that are applicable to all of our directors, officers, employees, consultants, contractors and advisors. Our insider trading policies and procedures are reasonably designed to promote compliance with insider trading laws, rules and regulations, and the NYSE listing standards. In addition, with regard to RingCentral's trading in our own securities, it is our policy to comply with the federal securities laws and the applicable exchange listing requirements.

Pursuant to our Insider Trading Policy, our directors, officers (as defined in Rule 16a-1(f) of the Exchange Act) and other employees subject to blackout periods or pre-clearance requirements under such policy are prohibited from engaging in transactions in publicly-traded options, such as puts and calls, and other derivative securities with respect to the Company's securities, including hedging their ownership of Company securities or similar transactions designed to decrease the risks associated with holding Company securities, and from pledging our equity securities as collateral for a loan. Stock options, stock appreciation rights and other securities issued pursuant to our benefit plans or other compensatory arrangements with us are not subject to this prohibition.

**Tax and Accounting Considerations**

***Tax Considerations***

We have not provided any of our named executive officers with a gross-up or other reimbursement for tax amounts the individual might pay pursuant to Code Sections 280G, 4999 or 409A. Code Sections 280G and 4999 provide that named executive officers, directors who hold significant stockholder interests and certain other service providers could be subject to significant additional taxes if they receive payments or benefits in connection with a change in control of our Company that exceeds certain limits, and that we or our successor could lose a deduction on the amounts subject to the additional tax. Code Section 409A also imposes significant taxes on the individual in the event that an executive officer, director or other service provider receives "deferred compensation" that does not meet the requirements of Code Section 409A.

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Under Code Section 162(m), we are subject to limits on the deductibility of executive compensation. Deductible compensation is limited to $1 million per year for the CEO and certain of our current and former highly compensated executive officers (collectively "covered employees"). While we cannot predict how the deductibility limit may impact our compensation program in future years, we intend to maintain an approach to executive compensation that strongly links pay to performance. In addition, although we have not adopted a formal policy regarding tax deductibility of compensation paid to our named executive officers, the compensation committee may consider tax deductibility under Code Section 162(m) as a factor in its compensation decisions.

***Accounting Considerations***

We take financial reporting implications into consideration in designing compensation plans and arrangements for the members of our executive team, other employees and members of our board of directors. These accounting considerations include ASC Topic 718, the standard which governs the accounting treatment of stock-based compensation awards.

**Compensation-Related Risk**

Our board of directors is responsible for the oversight of our risk profile, including compensation-related risks. Our compensation committee monitors our compensation policies and practices as applied to our employees to ensure that these policies and practices do not encourage excessive and unnecessary risk-taking. In cooperation with management, our compensation committee reviewed our 2025 compensation programs. Our compensation committee believes the mix and design of the elements of such programs do not encourage our employees to assume excessive risks and accordingly are not reasonably likely to have a material adverse effect on our Company. We have designed our compensation programs to be balanced so that our employees are focused on both short-term and long-term financial and operational performance. In particular, the weighting towards long-term incentive compensation discourages short-term risk taking. Goals are appropriately set with targets that encourage growth in the business.

**Report of the Compensation Committee**

*The following Report of the compensation committee shall not be deemed to be "soliciting material" and should not be deemed "filed" and shall not be deemed to be incorporated by reference in future filings with the SEC, except to the extent that the Company specifically incorporates it by reference into a document filed under the Securities Act or the Exchange Act.*

The compensation committee has reviewed and discussed with management the Compensation Discussion and Analysis provided above. Based on its review and discussions, the compensation committee recommended to the board of directors that the Compensation Discussion and Analysis be included in this Amendment No. 1 on Form 10-K/A to the Company's annual report on Form 10-K for the year ended December 31, 2025, filed with the SEC on February 27, 2026.

Respectfully submitted by the members of the compensation committee of the board of directors:

Robert Theis (Chair)

Prat Bhatt

Kenneth A. Goldman

**Summary Compensation Table**

The following table provides information regarding the compensation of our named executive officers during the fiscal years ended December 31, 2023, 2024, and 2025.

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| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Name and Principal Position** | **Year** | **Salary ($)** | **Bonus ($)** | **Stock Awards ($) (1)** | **Non-Equity Incentive Plan Compensation ($) (2)** | **All Other Compensation ($) (3)** | **Total ($)** |
| Vladimir Shmunis Chief Executive Officer | 2025 | 500000 |  | 13489367 | 559037 (4) | 17922 | 14566326 |
| Vladimir Shmunis Chief Executive Officer | 2024 | 376367 |  | 14565146 | 533311 | 16272 | 15491096 |
| Vladimir Shmunis Chief Executive Officer | 2023 | 5470 |  | 20616162 | 508722 | 10733 | 21141087 |
| Vaibhav AgarwalChief Financial Officer  | 2025 | 500000 |  | 4824878 | 528482 (5) | 8952 | 5862312 |
| Vaibhav AgarwalChief Financial Officer  | 2024 | 500000 |  | 4317415 | 483159 | 8532 | 5309106 |
| Vaibhav AgarwalChief Financial Officer  | 2023 | 135000 |  | 3203409 | 410342 | 7443 | 3756194 |
| Kira Makagon President and Chief Operating Officer  | 2025 | 500000 |  | 11342495 | 528482 (6) | 14612 | 12385589 |
| Kira Makagon President and Chief Operating Officer  | 2024 |  |  |  |  |  |  |
| Kira Makagon President and Chief Operating Officer  | 2023 |  |  |  |  |  |  |
| John MarlowChief Administrative Officer, Senior Vice President, Corporate Development, General Counsel and Secretary | 2025 | 450000 |  | 3372383 | 505909 (7) | 8802 | 4337094 |
| John MarlowChief Administrative Officer, Senior Vice President, Corporate Development, General Counsel and Secretary | 2024 | 450000 |  | 4091861 | 482766 | 8982 | 5033609 |
| John MarlowChief Administrative Officer, Senior Vice President, Corporate Development, General Counsel and Secretary | 2023 | 60000 |  | 9339843 | 457844 | 6188 | 9863875 |
| Abhey LambaFormer Chief Financial Officer | 2025 | 297436 |  |  | 253769 (8) | 4778 | 555983 |
| Abhey LambaFormer Chief Financial Officer | 2024 | 41666 |  | 11999125 | 38801 |  | 12079592 |
| Abhey LambaFormer Chief Financial Officer | 2023 |  |  |  |  |  |  |

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(1)The amounts in the "Stock Awards" column represent the aggregate fair value of RSUs and PSUs granted in the applicable year and calculated in accordance with ASC Topic 718. As required by SEC rules, the amounts shown exclude the impact of estimated forfeitures related to service-based vesting conditions. See Note 12 to the Notes to our Consolidated Financial Statements for a discussion of assumptions made in determining the grant date fair value, included as Item 8 to our Original Report.

(2)Amounts in this column represent (i) the aggregate fair value of RSUs granted under our Key Employee Equity Bonus Plan, in lieu of a cash bonus earned for the first quarter and second quarters of 2023, the third and fourth quarters of 2024, and each quarter of 2025 which is calculated in accordance with ASC Topic 718, and (ii) bonuses earned under our Bonus Plan for the third and fourth quarters of 2023 and the first and second quarters of 2024 that were paid in cash. The shares underlying these RSU awards were fully vested in the quarter following the quarter in which earned.

(3)For each of Messrs. Shmunis, Marlow, and Lamba, the amount reported in this column for 2025 represents the portion of the premium paid by the Company with respect to life insurance for the benefit of the named executive officer.

For Mr. Agarwal, the amount reported in this column for 2025 represents (i) the portion of the premium paid by the Company with respect to life insurance for his benefit, which was $4,902, and (ii) the Company's matching contribution to the 401(k) plan in the amount of $4,050.

For Ms. Makagon, the amount reported in this column for 2025 represents (i) the portion of the premium paid by the Company with respect to life insurance for her benefit, which was $13,362, and (ii) the Company's matching contribution to the 401(k) plan in the amount of $1,250.

(4)Consists of 18,448 RSUs that were fully vested upon grant, 14,317 of which were granted in fiscal 2025 and 4,131 were granted in fiscal 2026.

(5)Consists of 18,448 RSUs that were fully vested upon grant, 14,317 of which were granted in fiscal 2025 and 4,131 were granted in fiscal 2026.

(6)Consists of 18,448 RSUs that were fully vested upon grant, 14,317 of which were granted in fiscal 2025 and 4,131 were granted in fiscal 2026.

(7)Consists of 16,604 RSUs that were fully vested upon grant, 12,886 of which were granted in fiscal 2025 and 3,718 were granted in fiscal 2026.

(8)Consists of (i) 4,566 RSUs that were fully vested upon grant, all of which were granted in fiscal 2025, and (ii) $125,875 of bonuses earned under our Bonus Plan in fiscal 2025, which were paid in cash.

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**Grants of Plan-Based Awards in 2025**

The following table sets forth information regarding grants of awards made to our named executive officers during fiscal 2025. We did not grant any cash awards under our 2013 Plan during fiscal 2025.

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| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| | | | **Estimated Future Payouts Under Equity <br>Incentive Plan Awards** | **Estimated Future Payouts Under Equity <br>Incentive Plan Awards** | **Estimated Future Payouts Under Equity <br>Incentive Plan Awards** | | |
| **Name** | **Grant Date** |<br>**Approval <br>Date** | **Threshold<br>(#)** | **Target<br>(#)** | **Maximum<br>(#)** | **All Other Stock Awards: Number of Securities Underlying Restricted Stock Units (#)** | **Grant Date Fair Value of Stock Awards ($)(1)** |
| Vladimir Shmunis | 2/20/2025 | 2/11/2025 |  |  |  | 3867 | 118988 |
|  | 5/20/2025 | 5/19/2025 | 1 (2) | 126685 (4) | 253369 (6) |  | 6562259 |
|  | 5/20/2025 | 5/1/2025 |  |  |  | 4566 | 124834 |
|  | 5/20/2025 | 5/19/2025 |  |  |  | 253369 | 6927108 |
|  | 8/20/2025 | 7/30/2025 |  |  |  | 4964 | 145991 |
|  | 11/20/2025 | 10/28/2025 |  |  |  | 4787 | 125036 |
| Vaibhav Agarwal | 2/20/2025 | 2/11/2025 |  |  |  | 4060 | 124926 |
|  | 5/15/2025 | 5/1/2025 |  |  |  | 4566 | 127894 |
|  | 5/20/2025 | 5/19/2025 | 1 (2) | 26393 (4) | 52786 (6) |  | 1367163 |
|  | 5/20/2025 | 5/19/2025 |  |  |  | 63343 | 1731798 |
|  | 8/4/2025 | 8/4/2025 |  |  |  | 72548 | 1725917 |
|  | 8/15/2025 | 7/30/2025 |  |  |  | 4964 | 152593 |
|  | 11/17/2025 | 10/28/2025 |  |  |  | 4787 | 128196 |
| Kira Makagon | 2/18/2025 | 2/15/2025 |  |  |  | 4277 | 144605 |
|  | 5/15/2025 | 5/1/2025 |  |  |  | 4566 | 127894 |
|  | 5/20/2025 | 5/19/2025 | 1 (3) | 70381 (5) | 140761 (7) |  | 5569901 |
|  | 5/20/2025 | 5/19/2025 |  |  |  | 211141 | 5772595 |
|  | 8/15/2025 | 7/30/2025 |  |  |  | 4964 | 152593 |
|  | 11/17/2025 | 10/28/2025 |  |  |  | 4787 | 128196 |
| John Marlow | 2/20/2025 | 2/11/2025 |  |  |  | 3480 | 107080 |
|  | 5/15/2025 | 5/1/2025 |  |  |  | 4109 | 115093 |
|  | 5/20/2025 | 5/19/2025 | 1 (2) | 31672 (4) | 63343 (6) |  | 1640585 |
|  | 5/20/2025 | 5/19/2025 |  |  |  | 63343 | 1731798 |
|  | 8/20/2025 | 7/30/2025 |  |  |  | 4468 | 131404 |
|  | 11/20/2025 | 10/28/2025 |  |  |  | 4309 | 112551 |
| Abhey Lamba | 2/20/2025 | 2/11/2025 |  |  |  | 1261 | 38801 |
|  | 5/15/2025 | 5/1/2025 |  |  |  | 4566 | 127894 |

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(1)The amounts in the "Grant Date Fair Value of Stock Awards" column represent the grant date fair value of RSUs and PSUs granted in fiscal 2025 and calculated in accordance with ASC Topic 718. See Note 12 of the Notes to our Consolidated Financial Statements for a discussion of assumptions made in determining the grant date fair value, included as Item 8 to our Original Report.

(2)One-half of Messrs. Shmunis', Agarwal's and Marlow's PSU awards became eligible to vest upon attainment of certain revenue, free cash flow and TSR performance goals for 2025. The threshold number of PSUs is (i) 1 for Mr. Shmunis, (ii) 1 for Mr. Agarwal, and (iii) 1 for Mr. Marlow. The other half of Messrs. Shmunis', Agarwal's and Marlow's PSU awards become eligible to vest upon attainment of certain performance goals for 2026, which have not yet been determined by the board of directors, and therefore are not reflected in the table above.

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(3)One-third of Ms. Makagon's PSU award became eligible to vest upon attainment of certain revenue, free cash flow and TSR performance goals for 2025. The threshold number of PSUs is 1. The other two-thirds of Ms. Makagon's PSU awards become eligible to vest upon attainment of certain performance goals for 2026 and 2027 (one-third each), which have not yet been determined by the board of directors, and therefore are not reflected in the table above.

(4)For the 2025 tranche, the target number of PSUs is (i) 126,685 for Mr. Shmunis, (ii) 26,393 for Mr. Agarwal and (iii) 31,672 for Mr. Marlow. Only the 2025 tranche is reflected in the table above because the 2026 performance goals have not yet been determined by the board of directors.

(5)For the 2025 tranche, the target number of PSUs is 70,381 for Ms. Makagon. Only the 2025 tranche is reflected in the table above because the 2026 and 2027 performance goals have not yet been determined by the board of directors.

(6)For the 2025 tranche, the maximum number of PSUs is (i) 253,369 for Mr. Shmunis, (ii) 52,786 for Mr. Agarwal, and (iii) 63,343 for Mr. Marlow. Only the 2025 tranche is reflected in the table above because the 2026 performance goals have not yet been determined by the board of directors.

(7)For the 2025 tranche, the maximum number of PSUs is approximately 140,761 for Ms. Makagon. Only the 2025 tranche is reflected in the table above because the 2026 and 2027 performance goals have not yet been determined by the board of directors.

**Outstanding Equity Awards at Fiscal Year-End**

The following table presents information concerning equity awards held by our named executive officers at the end of fiscal 2025.

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| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| | **Option Awards** | **Option Awards** | **Option Awards** | **Option Awards** | **Option Awards** | **Stock Awards** | **Stock Awards** |
| | | **Number of Securities Underlying Unexercised Options (#)** | **Number of Securities Underlying Unexercised Options (#)** | **Option Exercise Price ($)** | **Option Expiration Date** | **Number of Shares or Units of Stock that Have Not Vested (#)** | **Market Value of Shares or Units of Stock that Have Not Vested ($)(1)** |
| **Name** | **Grant Date** | **Exercisable** | **Unexercisable** | **Option Exercise Price ($)** | **Option Expiration Date** | **Number of Shares or Units of Stock that Have Not Vested (#)** | **Market Value of Shares or Units of Stock that Have Not Vested ($)(1)** |
| Vladimir Shmunis | 5/19/2023 |  |  |  |  | 32014 (2) | 924564 |
|  | 5/19/2023 |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;26000 (3) | 750880 |
|  | 5/19/2024 |  |  |  |  | 22885 (4) | 660919 |
|  | 5/19/2024 |  |  |  |  | 22985 (5) | 663807 |
|  | 5/20/2025 |  |  |  |  | 253369 (6) | 7317297 |
|  | 5/20/2025 |  |  |  |  | 158356 (7) | 4573321 |
| Vaibhav Agarwal | 5/19/2023 |  |  |  |  | 4448 (2) | 128458 |
|  | 5/19/2023 |  |  |  |  | 13542 (8) | 391093 |
|  | 5/19/2024 |  |  |  |  | 5500 (4) | 158840 |
|  | 5/19/2024 |  |  |  |  | 27631 (9) | 797983 |
|  | 5/20/2025 |  |  |  |  | 52786 (6) | 1524460 |
|  | 5/20/2025 |  |  |  |  | 39590 (10) | 1143359 |
|  | 8/4/2025 |  |  |  |  | 72548 (11) | 2095186 |
| Kira Makagon | 5/11/2023 |  |  |  |  | 3558 (12) | 102755 |
|  | 5/11/2023 |  |  |  |  | 10834 (13) | 312886 |
|  | 5/19/2024 |  |  |  |  | 53186 (4) | 1536012 |
|  | 5/19/2024 |  |  |  |  | 26594 (14) | 768035 |
|  | 5/20/2025 |  |  |  |  | 211141 (6) | 6097752 |
|  | 5/20/2025 |  |  |  |  | 171553 (15) | 4954451 |
| John Marlow | 5/19/2023 |  |  |  |  | 14229 (2) | 410934 |
|  | 5/19/2023 |  |  |  |  | 43333 (16) | 1251457 |
|  | 5/19/2024 |  |  |  |  | 5214 (4) | 150580 |
|  | 5/19/2024 |  |  |  |  | 26182 (17) | 756136 |
|  | 5/20/2025 |  |  |  |  | 63343 (6) | 1829346 |
|  | 5/20/2025 |  |  |  |  | 39590 (18) | 1143359 |
| Abhey Lamba (19) |  |  |  |  |  |  |  |

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(1)This amount reflects the fair value of our common stock of $28.88 per share as of December 31, 2025, multiplied by the amount shown in the column for Number of Shares or Units of Stock That Have Not Vested.

(2)This reflects the number of PSUs granted to the named executive officer that became achieved PSUs based on the achievement of the performance goals. 1/3rd of the achieved PSUs vested on February 20, 2024 for Mr. Agarwal and February 21, 2024 for Messrs. Shmunis and Marlow, and 1/8th of the remaining achieved PSUs vest every three months afterwards, in each case, subject to the named executive officer's continued service as of each vesting date. Under the Severance Policy, 100% of the shares underlying this RSU award are subject to accelerated vesting in the event of termination of employment under certain circumstances.

(3)The shares underlying this RSU award vest, subject to Mr. Shmunis's continued role as a service provider to us, in 12 equal quarterly installments commencing May 20, 2023. Under the Severance Policy, 100% of the shares underlying this RSU award are subject to accelerated vesting in the event of termination of employment under certain circumstances.

(4)This reflects the number of PSUs granted to the named executive officer that became achieved PSUs based on the achievement of the performance goals. 1/2 of the achieved PSUs vested on February 20, 2025 for Mr. Agarwal, and February 21, 2025 for Messrs. Shmunis and Marlow and 1/8th of the achieved PSUs vest every three months afterwards, in each case, subject to the named executive officer's continued service as of each vesting date. 1/3 of the achieved PSUs vested on February 20, 2025 for Ms. Makagon and 1/12th of the achieved PSUs vest every three months afterwards, subject to Ms. Makagon's continued service as of each vesting date. Under the Severance Policy, 100% of the shares underlying this RSU award are subject to accelerated vesting in the event of termination of employment under certain circumstances.

(5)The shares underlying this RSU award vest, subject to Mr. Shmunis's continued role as a service provider to us, in 8 equal quarterly installments commencing May 20, 2024. Under the Severance Policy, 100% of the shares underlying this RSU award are subject to accelerated vesting in the event of termination of employment under certain circumstances.

(6)This reflects the number of PSUs granted to the named executive officer. 1/2 of the achieved PSUs based on 2025 performance vested on February 21, 2026 for Mr. Shmunis and March 1, 2026 for Messrs. Agarwal and Marlow, and 1/3rd of the achieved PSUs based on 2025 performance vested on March 1, 2026 for Ms. Makagon. 1/2 of any achieved PSUs based on 2026 performance will vest on March 1, 2027 for Messrs. Shmunis, Agarwal, and Marlow, and 1/3rd of any achieved PSUs based on 2026 performance will vest on March 1, 2027 for Ms. Makagon. 1/3rd of any achieved PSUs based on 2027 performance will vest on March 1, 2028 for Ms. Makagon. Each vesting is subject to the named executive officer's continued service as of each vesting date. Under the Severance Policy, 100% of the shares underlying this RSU award are subject to accelerated vesting in the event of termination of employment under certain circumstances.

(7)The shares underlying this RSU award vest, subject to Mr. Shmunis's continued role as a service provider to us, in 8 equal quarterly installments commencing May 20, 2025. Under the Severance Policy, 100% of the shares underlying this RSU award are subject to accelerated vesting in the event of termination of employment under certain circumstances.

(8)The shares underlying this RSU award vest, subject to Mr. Agarwal's continued role as a service provider to us, in 16 equal quarterly installments commencing May 20, 2023. Under the Severance Policy, 100% of the shares underlying this RSU award are subject to accelerated vesting in the event of termination of employment under certain circumstances.

(9)The shares underlying this RSU award vest, subject to Mr. Agarwal's continued role as a service provider to us, in 12 equal quarterly installments commencing May 20, 2024. Under the Severance Policy, 100% of the shares underlying this RSU award are subject to accelerated vesting in the event of termination of employment under certain circumstances.

(10)The shares underlying this RSU award vest, subject to Mr. Agarwal's continued role as a service provider to us, in 8 equal quarterly installments commencing May 20, 2025. Under the Severance Policy, 100% of the shares underlying this RSU award are subject to accelerated vesting in the event of termination of employment under certain circumstances.

(11)The shares underlying this RSU award vest, subject to Mr. Agarwal's continued role as a service provider to us, as to 1/4th on September 1, 2027, and as to 8 equal quarterly installments thereafter. Under the Severance Policy, 100% of the shares underlying this RSU award are subject to accelerated vesting in the event of termination of employment under certain circumstances.

(12)This reflects the number of PSUs granted to Ms. Makagon that became achieved PSUs based on the achievement of the performance goals. 1/3rd of the achieved PSUs vested on February 20, 2024, and 1/8th of the remaining achieved PSUs vest every three months afterwards, in each case, subject to Ms. Makagon's continued service as of each vesting date. Under the Severance Policy, 100% of the shares underlying this RSU award are subject to accelerated vesting in the event of termination of employment under certain circumstances.

(13)The shares underlying this RSU award vest, subject to Ms. Makagon's continued role as a service provider to us, in 16 equal quarterly installments commencing May 20, 2023. Under the Severance Policy, 100% of the shares underlying this RSU award are subject to accelerated vesting in the event of termination of employment under certain circumstances.

(14)The shares underlying this RSU award vest, subject to Ms. Makagon's continued role as a service provider to us, in 12 equal quarterly installments commencing May 20, 2024. Under the Severance Policy, 100% of the shares underlying this RSU award are subject to accelerated vesting in the event of termination of employment under certain circumstances.

(15)The shares underlying this RSU award vest, subject to Ms. Makagon's continued role as a service provider to us, in 16 equal quarterly installments commencing June 1, 2025. Under the Severance Policy, 100% of the shares underlying this RSU award are subject to accelerated vesting in the event of termination of employment under certain circumstances.

(16)The shares underlying this RSU award vest, subject to Mr. Marlow's continued role as a service provider to us, in 16 equal quarterly installments commencing May 20, 2023. Under the Severance Policy, 100% of the shares underlying this RSU award are subject to accelerated vesting in the event of termination of employment under certain circumstances.

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(17)The shares underlying this RSU award vest, subject to Mr. Marlow's continued role as a service provider to us, in 12 equal quarterly installments commencing May 20, 2024. Under the Severance Policy, 100% of the shares underlying this RSU award are subject to accelerated vesting in the event of termination of employment under certain circumstances.

(18)The shares underlying this RSU award vest, subject to Mr. Marlow's continued role as a service provider to us, in 8 equal quarterly installments commencing May 20, 2025. Under the Severance Policy, 100% of the shares underlying this RSU award are subject to accelerated vesting in the event of termination of employment under certain circumstances.

(19)Mr. Lamba resigned from his position as Chief Financial Officer on August 5, 2025. In connection with his resignation, Mr. Lamba forfeited all of his then-unvested equity awards.

**Option Exercises and Stock Vested in 2025**

The following table sets forth the number of shares of common stock acquired during fiscal 2025 by our named executive officers upon the exercise of stock options and the vesting of RSU awards and the value realized upon such exercise or vesting.

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| | | | | |
|:---|:---|:---|:---|:---|
| | **Option Awards** | **Option Awards** | **Stock Awards** | **Stock Awards** |
| **Name** | **Number of Securities <br>Acquired on Exercise (#)** | **Value Realized <br>on Exercise ($)** | **Number of Securities <br>Acquired on Vesting (#)(1)** | **Value Realized <br>on Vesting ($)(2)** |
| Vladimir Shmunis |  |  | 639858 | 18035271 |
| Vaibhav Agarwal |  |  | 149551 | 4282608 |
| Kira Makagon |  |  | 191838 | 5447211 |
| John Marlow |  |  | 204480 | 5796268 |
| Abhey Lamba |  |  | 15218 | 439548 |

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(1) Reflects the aggregate number of shares of Class A Common Stock underlying the RSU awards that vested in fiscal 2025.

(2) Calculated by multiplying (i) the fair market value of Class A Common Stock on the vesting date, which was determined using the closing price on the NYSE of a share of Class A Common Stock on vesting date (or, if the vesting date is not a trading day, the closing price on the immediately preceding trading day), by (ii) the number of shares of Class A Common Stock acquired upon vesting.

**Pension Benefits**

Aside from our 401(k) plan, we do not maintain any pension plan or arrangement under which our named executive officers are entitled to participate or receive post-retirement benefits.

**Non-Qualified Deferred Compensation**

We do not maintain any non-qualified deferred compensation plans or arrangements under which our named executive officers are entitled to participate.

**Potential Payments upon Termination and upon Termination in Connection with a Change of Control**

***Potential Payments upon Termination Apart from a Change of Control***

The following table sets forth quantitative estimates of the benefits that would have accrued to each of our named executive officers that remained employed with us on December 31, 2025, pursuant to the Severance Policy, if (i) the named executive officer experiences a qualifying termination of his or her employment (as described in the "Executive Compensation─Compensation Discussion and Analysis─Post-Employment Compensation─Executive Employment Arrangements" section above), on December 31, 2025, and outside of the period beginning 3 months prior to and ending 12 months following a "change of control" (as defined in our Severance Policy) and (ii) such named executive officer signs and does not revoke a release agreement with us. The benefits consist of (i) 12 months of his or her base salary; (ii) reimbursement of his or her COBRA premiums for up to 12 months; and (iii) 1 year vesting of his or her outstanding equity awards in accordance with the Severance Policy.

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| | | | | |
|:---|:---|:---|:---|:---|
| | **Cash Severance ($)(1)** | **Value of Accelerated Equity Awards ($)(2)** | **Continuing Health Coverage ($)(3)** | **Total ($)** |
| Vladimir Shmunis | 500000 | 10317467 | 27202 | 10844669 |
| Vaibhav Agarwal | 500000 | 2915436 | 38738 | 3454174 |
| Kira Makagon | 500000 | 5753387 | 27202 | 6280589 |
| John Marlow | 450000 | 3996934 | 38738 | 4485672 |
| Abhey Lamba (4) |  |  |  |  |

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(1)Represents the portion of each named executive officer's 2025 base salary to be paid to such named executive officer upon a termination apart from a change of control.

(2)For each named executive officer, the estimated value of accelerated equity awards was calculated by multiplying (x) the amount of unvested RSUs subject to acceleration held by the applicable named executive officer and (y) the closing price of our Class A Common Stock on December 31, 2025 (which was $28.88).

(3)Represents the value of all monthly COBRA premium payments to be paid to such named executive officer upon a termination apart from a change of control.

(4)Mr. Lamba resigned from his position as Chief Financial Officer on August 5, 2025.

***Potential Payments upon Termination in Connection with a Change of Control***

The following table sets forth quantitative estimates of the benefits that would have accrued to each of our named executive officers that remained employed with us on December 31, 2025, pursuant to the Severance Policy, if (i) the named executive officer experiences a qualifying termination of his or her employment (as described in the "Executive Employment Arrangements" and "Other Change in Control Provisions" subsections of the "Executive Compensation─Compensation Discussion and Analysis─Post-Employment Compensation" section above) on December 31, 2025, and within the period beginning 3 months prior to or 12 months following a "change of control" (as defined in our Severance Policy) and (ii) such named executive officer signs and does not revoke a release agreement with us.

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| | | | | |
|:---|:---|:---|:---|:---|
| | **Cash Severance ($)(1)** | **Value of Accelerated Equity Awards ($)(2)** | **Continuing Health Coverage ($)(3)** | **Total ($)** |
| Vladimir Shmunis (4) | 1500000 | 14890788 | 40803 | 16431591 |
| Vaibhav Agarwal (5) | 500000 | 6239380 | 38738 | 6778118 |
| Kira Makagon (6) | 500000 | 13771890 | 27202 | 14299092 |
| John Marlow (7) | 450000 | 5541812 | 38738 | 6030550 |
| Abhey Lamba (8) |  |  |  |  |

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(1) Represents the portion of each named executive officer's (a) base salary and (b) 2025 target bonus, as applicable to be paid to such named executive officer upon a termination in connection with a change of control.

(2) For each named executive officer, the estimated value of accelerated equity awards was calculated by multiplying (x) the amount of unvested RSUs subject to acceleration held by the applicable named executive officer and (y) the closing price of our Class A Common Stock on December 31, 2025 (which was $28.88).

(3) Represents the value of all monthly COBRA premium payments to be paid to such named executive officer upon a termination in connection with a change of control.

(4) Mr. Shmunis will receive (i) 18 months of his base salary plus 150% of his 2025 target bonus, (ii) 100% acceleration of his outstanding equity awards (which to the extent applicable, will become immediately exercisable) and (iii) reimbursement of his COBRA premiums for up to 18 months, in accordance with the Severance Policy.

(5) Mr. Agarwal will receive (i) 12 months of his base salary, (ii) 100% acceleration of his outstanding equity awards (which to the extent applicable, will become immediately exercisable) and (iii) reimbursement of his COBRA premiums for up to 12 months, in accordance with the Severance Policy.

(6) Ms. Makagon will receive (i) 12 months of her base salary, (ii) 100% acceleration of her outstanding equity awards (which to the extent applicable, will become immediately exercisable) and (iii) reimbursement of her COBRA premiums for up to 12 months, in accordance with the Severance Policy.

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(7) Mr. Marlow will receive (i) 12 months of his base salary, (ii) 100% acceleration of his outstanding equity awards (which to the extent applicable, will become immediately exercisable) and (iii) reimbursement of his COBRA premiums for up to 12 months, in accordance with the Severance Policy.

(8) Mr. Lamba resigned from his position as Chief Financial Officer on August 5, 2025.

**CEO Pay Ratio**

Under SEC rules, we are required to provide information regarding the relationship between the total annual compensation of Mr. Shmunis, our Chief Executive Officer, and the total annual compensation of our median employee (other than Mr. Shmunis). For our last completed fiscal year, which ended December 31, 2025:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• The median of the total annual compensation of all employees (other than Mr. Shmunis) of ours (including our consolidated subsidiaries) was $115,180.25.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Mr. Shmunis's total annual compensation, as reported in the Summary Compensation Table included in this Form 10-K/A, was $14,566,326.16.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Based on the above, for fiscal 2025, the ratio of Mr. Shmunis's total annual compensation to the median of the total annual compensation of all employees was 126.47 to 1.

This pay ratio is a reasonable estimate calculated in a manner consistent with Item 402(u) of Regulation S-K under the Securities Act and based upon our reasonable judgment and assumptions. The SEC rules do not specify a single methodology for identification of the median employee or calculation of the pay ratio, and other companies may use assumptions and methodologies that are different from those used by us in calculating their pay ratio. Accordingly, the pay ratio disclosed by other companies may not be comparable to our pay ratio as disclosed above.

The methodology we used to calculate the pay ratio is described below.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Because there has been no change to our employee population or employee compensation arrangements since our median employee was determined for 2024 that we reasonably believe would significantly impact our pay ratio disclosure, we are using the same median employee as used for our 2024 pay ratio calculations.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Using this median employee, we determined the median employee's total annual compensation for fiscal 2025 in accordance with the requirements of Item 402(c)(2)(x) of Regulation S-K, yielding the median total annual compensation disclosed above. With respect to Mr. Shmunis's total annual compensation, we used the amount reported in the "Total" column of our fiscal Summary Compensation Table included in this Form 10-K/A.

**Item 12. Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters**

The following table sets forth certain information with respect to the beneficial ownership of our Class A common stock and Class B common stock as of March 31, 2026, for:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• each of our named executive officers;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• each of our directors;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• all of our current directors and current executive officers as a group; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• each person, or group of affiliated persons, known by us to be the beneficial owner of more than five percent of any class of our voting securities.

We have determined beneficial ownership in accordance with the rules of the SEC, and the information is not necessarily indicative of beneficial ownership for any other purpose. Unless otherwise indicated in the footnotes below, we believe, based on the information furnished to us, that persons and entities named in the table have sole voting and sole investment power with respect to all shares that they beneficially owned, subject to community property laws where applicable.

We have deemed shares of our common stock subject to options that are currently exercisable or exercisable within 60 days of March 31, 2026, and shares issuable upon the vesting of RSUs and PSUs within 60 days of March 31, 2026, to be outstanding and to be beneficially owned by the person holding the option, the RSUs, or the PSUs, respectively, for the purpose of computing the percentage ownership of that person. However, we have not treated such shares as outstanding for the purpose of computing the percentage ownership of any other person. We have based percentage ownership of our common

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stock on 74,560,204 shares of our Class A common stock and 9,779,538 shares of our Class B common stock outstanding as of March 31, 2026. Unless otherwise indicated, the address of each beneficial owner listed in the table below is c/o RingCentral, Inc., 20 Davis Drive, Belmont, California 94002.

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| | | | | | |
|:---|:---|:---|:---|:---|:---|
| | **Class A** | **Class A** | **Class B** | **Class B** | **% of Total Voting** |
| | **Shares** | **%** | **Shares** | **%** | **Power †** |
| **5% Stockholders:** | | | | | |
| Entities affiliated with Vladimir Shmunis (1) | 140668 | \* | 5471618 | 55.9 | 31.8 |
| Entities affiliated with Vlad Vendrow (2) | 96820 | \* | 2945295 | 30.1 | 17.1 |
| Capital World Investors (3) | 11735991 | 15.7 |  | \* | 6.8 |
| BlackRock, Inc. (4) | 10248861 | 13.7 |  | \* | 5.9 |
| Vanguard Portfolio Management (5) | 8019586 | 10.8 |  | \* | 4.7 |
| Ameriprise Financial, Inc. (6) | 6371193 | 8.5 |  | \* | 3.7 |
| Sylebra Capital Limited (7) | 3912007 | 5.2 |  | \* | 2.3 |
| **Named Executive Officers and Directors:** |  |  |  |  |  |
| Vladimir Shmunis (1) | 140668 | \* | 5471618 | 55.9 | 31.8 |
| Vaibhav Agarwal (8) | 10569 | \* |  | \* | \* |
| Kira Makagon (9) | 29861 | \* |  | \* | \* |
| John Marlow (10) | 242429 | \* | 273714 | 2.8 | 1.7 |
| Abhey Lamba (11) | 9581 | \* |  | \* | \* |
| Prat Bhatt (12) | 25802 | \* |  | \* | \* |
| Mahmoud ElAssir (13) | 2529 | \* |  | \* | \* |
| Kenneth Goldman (14) | 36370 | \* |  | \* | \* |
| Amy Guggenheim Shenkan (15) | 10252 | \* |  | \* | \* |
| Robert Theis (16) | 28304 | \* |  | \* | \* |
| All current executive officers and directors as a group (9 persons)(17) | 526784 | \* | 5745332 | 58.7 | 33.6 |

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(†) Represents the voting power with respect to all shares of our Class A common stock and Class B common stock, voting as a single class. Each share of Class A common stock is entitled to one vote per share and each share of Class B common stock is entitled to 10 votes per share. The Class A common stock and Class B common stock vote together on all matters (including the election of directors) submitted to a vote of stockholders, except as may be otherwise required by applicable law.

(\*) Represents beneficial ownership of less than 1%.

(1)Consists of (i) 4,131,391 shares of Class B common stock held of record by ELCA Fund I, L.P. ("ELCA I"); (ii) 5,926 shares of Class B common stock held of record by ELCA Fund II, L.P. ("ELCA II"); (iii) 5,926 shares of Class B common stock held of record by ELCA Fund III, L.P. ("ELCA III"); (iv) 1,385 shares of Class B common stock held of record by ELCA, LLC (collectively, along with ELCA I, ELCA II and ELCA III, the "ELCA Funds"); (v) 1,274 shares of Class B common stock held of record by Vladimir G. Shmunis & Sandra Shmunis TR UA June 9, 1998 Shmunis Revocable Trust ("Trust"); (vi) 662,858 shares of Class B common stock held of record by Sandra Shmunis TR UA 03/07/2025 Sandra Shmunis 2025 Grantor Retained Annuity Trust ("SST"); (vii) 662,858 shares of Class B common stock held of record by Vladimir Shmunis TR UA 03/07/2025 Vladimir Shmunis 2025 Grantor Retained Annuity Trust ("VST"); (viii) 81,668 shares of Class A common stock held of record by Vladimir G Shmunis & Sandra Shmunis TR So Inclined Philanthropic Foundation ("SIPF"); and (ix) 59,000 shares of Class A common stock held of record by The Shmunis Family Generations Trust under agreement, dated December 29, 2020 ("SFGT"). Vladimir Shmunis, our CEO and Chairman of the board of directors, and Sandra Shmunis, Mr. Shmunis's wife, are the managing members of ELCA, LLC. ELCA, LLC is the general partner of ELCA I, ELCA II and ELCA III. Mr. Shmunis and Mrs. Shmunis are the trustees of Trust and SIPF, and the investment trustees of SFGT. As a result, and by virtue of the relationships described in this footnote, Mr. and Mrs. Shmunis may be deemed to share voting and dispositive power with respect to the shares held by ELCA I, Trust, SIPF and SFGT, and certain of the shares held by ELCA II and ELCA III. As sole trustee of SST, Mrs. Shmunis may be deemed to hold voting and dispositive power with respect to the shares held by SST. As sole trustee of VST, Mr. Shmunis may be deemed to hold voting and dispositive power with respect to the shares held by VST. ELCA II and ELCA III each hold 365,735 shares of Class B common stock that are beneficially owned by Mr. Shmunis's adult children, and these shares are not reflected in the table above. The address for these entities is c/o RingCentral, Inc., 20 Davis Drive, Belmont, California 94002.

(2)Consists of (i) 58,425 shares of Class A common stock held of record by Mr. Vendrow; (ii) 25,000 shares of Class A common stock held of record by the Regina Vendrow TR UA 10/30/2015 2015 Vendrow Children's Trust FBO David G Vendrow; (iii) 1,066,400 shares of Class B common stock held of record by the Vlad Vendrow TR UA 02/13/2020 Viva Trust; (iv) 149,093 shares of Class B common stock held of record by the Regina Vendrow TR UA 10/30/2015 2015 Vendrow Children's Trust FBO Edward B Vendrow; (v) 149,092

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shares of Class B common stock held of record by the Regina Vendrow TR UA 10/30/2015 2015 Vendrow Children's Trust FBO Joshua L Vendrow; (vi) 122,110 shares of Class B common stock held of record by the Regina Vendrow TR UA 10/30/2015 2015 Vendrow Children's Trust FBO David G Vendrow; (vii) 38,600 shares of Class B common stock held of record by the Regina Vendrow TR UA 12/01/2020 Viva Children's Trust; (viii) 420,000 shares of Class B common stock held of record by Viva Investment Capital LLC; (ix) 1,000,000 shares of Class B common stock held of record by Viva Investment Capital II LLC; and (x) 13,395 shares of Class A common stock issuable pursuant to stock awards vesting within 60 days of March 31, 2026. As sole trustee of the Vlad Vendrow TR UA 02/13/2020 Viva Trust, Mr. Vendrow may be deemed to hold voting and dispositive power with respect to the shares held by the Vlad Vendrow TR UA 02/13/2020 Viva Trust. Mr. Vendrow may be deemed to hold voting and dispositive power with respect to the shares held by him and by his children and his children's trusts. As the sole owner of Viva Investment Capital LLC and Viva Investment Capital II LLC, Mr. Vendrow may be deemed to hold voting and dispositive power with respect to the shares held thereby. The address for these entities is c/o RingCentral, Inc., 20 Davis Drive, Belmont, California 94002.

(3)Based on information reported by Capital World Investors ("CWI") on its most recent Schedule 13G/A filed with the SEC on November 13, 2025. Of the shares of Class A common stock beneficially owned, CWI reported that it has sole dispositive power and sole voting power with respect to 11,735,991 shares. CWI is a division of Capital Research and Management Company ("CRMC"), as well as its investment management subsidiaries and affiliates Capital Bank and Trust Company, Capital International, Inc., Capital International Limited, Capital International Sarl, Capital International K.K., Capital Group Private Client Services, Inc., and Capital Group Investment Management Private Limited. CWI's divisions of each of the investment management entities collectively provide investment management services under the name "Capital World Investors." The address for CWI is 333 South Hope Street, Los Angeles, California 90071.

(4)Based on information reported by BlackRock, Inc. on its most recent Schedule 13G/A filed with the SEC on March 5, 2026. Of the shares of Class A common stock beneficially owned, BlackRock, Inc. reported that it has sole dispositive power with respect to 10,248,861 shares and sole voting power with respect to 10,100,100 shares. The address for BlackRock, Inc. is 50 Hudson Yards, New York, New York 10001.

(5)Based on information reported by Vanguard Portfolio Management on its most recent Schedule 13G filed with the SEC on March 5, 2026 reporting securities beneficially owned, or deemed to be beneficially owned, by Vanguard Portfolio Management LLC and Vanguard Fiduciary Trust Company. Of the shares of Class A common stock beneficially owned, Vanguard Portfolio Management reported that it has shared dispositive power with respect to 8,019,586 shares and shared voting power with respect to 99,477 shares. The address for Vanguard Portfolio Management. is 100 Vanguard Blvd., Malvern, Pennsylvania 19355. On March 27, 2026, The Vanguard Group, Inc., the parent entity of Vanguard Portfolio Management, LLC, filed a 13G/A reporting that The Vanguard Group, Inc., went through an internal realignment and, certain subsidiaries or business divisions of subsidiaries of The Vanguard Group, Inc. that formerly had, or were deemed to have, beneficial ownership with The Vanguard Group, Inc., will report beneficial ownership separately (on a disaggregated basis) from The Vanguard Group, Inc. The Vanguard Group, Inc. no longer has, or is deemed to have, beneficial ownership over securities beneficially owned by Vanguard Portfolio Management.

(6)Based on information reported by Ameriprise Financial, Inc. ("AFI") on its most recent Schedule 13G/A filed with the SEC on November 14, 2024 on behalf of itself and its subsidiary company Columbia Management Investment Advisers, LLC ("CMIA"). Of the shares of Class A common stock beneficially owned, AFI reported that it has shared dispositive power with respect to 6,371,193 shares and shared voting power with respect to 5,951,817 shares. AFI, as to the parent company of CMIA, may be deemed to beneficially own the shares reported by CMIA. Accordingly, the shares reported to be beneficially owned by AFI include those shares separately owned by CMIA. AFI's address is 145 Ameriprise Financial Center, Minneapolis, MN 55474. CMIA's address is 290 Congress Street, Boston, MA 02210.

(7)Based on information reported by Sylebra Capital Limited ("Sylebra HK") on its Schedule 13D/A filed with the SEC on July 29, 2025. Of the shares of Class A common stock beneficially owned, Sylebra HK reported that it has sole dispositive power and sole voting power with respect to 0 shares and shared dispositive power and shared voting power with respect to 3,912,007 shares. Sylebra HK and Sylebra Capital LLC ("Sylebra US") are the investment sub-advisers to Sylebra Capital Partners Master Fund, Ltd. ("SCP MF"), Sylebra Capital Parc Master Fund ("PARC MF"), Sylebra Capital Menlo Master Fund ("MENLO MF") and other advisory clients. The term "Affiliated Investment Entities" (as used in this footnote) refers to SCP MF, PARC MF, MENLO MF and other advisory clients. Sylebra Capital Management ("Sylebra Cayman") is the investment manager and parent of Sylebra HK. Sylebra Cayman owns 100% of the shares of Sylebra HK, and Daniel Patrick Gibson ("Gibson") owns 100% of the Class A shares of Sylebra Cayman and 100% of the share capital of Sylebra US. Gibson is a founder and Chief Investment Officer of Sylebra Cayman. In such capacities, Sylebra HK, Sylebra US, Sylebra Cayman, and Gibson may be deemed to share voting and dispositive power over the shares of Class A common stock held by the Affiliated Investment Entities. The address for Sylebra HK is c/o Sylebra Capital Limited, 20th Floor, 28 Hennessy Road, Wan Chai, Hong Kong.

(8)Consists of (i) 2,334 shares of Class A common stock held of record by Mr. Agarwal and (ii) 8,235 shares of Class A common stock issuable pursuant to stock awards vesting within 60 days of March 31, 2026.

(9)Consists of (i) 11,737 shares of Class A common stock held of record by Ms. Makagon and (ii) 18,124 shares of Class A common stock issuable pursuant to stock awards vesting within 60 days of March 31, 2026.

(10)Consists of (i) 203,897 shares of Class A common stock held of record by Mr. Marlow; (ii) 6,275 shares of Class A common stock held of record by the JEM Double Happiness 2018 Trust (the "Marlow Trust I"); (iii) 6,275 shares of Class A common stock held of record by the CAM Double Happiness 2018 Trust (the "Marlow Trust II"); (iv) 12,080 shares of Class A common stock held of record by the M&M Family 2020 Irrevocable Trust (the "Marlow Trust III"); (v) 15,060 shares of Class B common stock held of record by Mr. Marlow; (vi) 216,334 shares of Class B common stock held of record by the M&M Twice as Nice Trust (the "Marlow Trust IV" and, together with the Marlow Trust I, the Marlow Trust II and the Marlow Trust III, the "Marlow Trusts"); (vii) 42,320 shares of Class B common stock held of record by the Marlow Trust III; and (viii) 13,902 shares of Class A common stock issuable pursuant to stock

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awards vesting within 60 days of March 31, 2026. As trustee of the Marlow Trusts, Mr. Marlow may be deemed to hold voting and dispositive power with respect to the shares held by the Marlow Trusts.

(11)Mr. Lamba, our former Chief Financial Officer, resigned on August 5, 2025. Consists of 9,581 shares of Class A common stock held of record by Mr. Lamba as of August 5, 2025.

(12)Consists of (i) 23,273 shares of Class A common stock held of record by Mr. Bhatt and (ii) 2,529 shares of Class A common stock issuable pursuant to stock awards vesting within 60 days of March 31, 2026.

(13)Consists of 2,529 shares of Class A common stock issuable pursuant to stock awards vesting within 60 days of March 31, 2026.

(14)Consists of (i) 6,100 shares of Class A common stock held of record by MNM Holdings, LLC, (ii) 27,741 shares of Class A common stock held of record by the Goldman-Valeriote Fam Trust, and (iii) 2,529 shares of Class A common stock issuable pursuant to stock awards vesting within 60 days of March 31, 2026.

(15)Consists of (i) 7,723 shares of Class A common stock held of record by Ms. Shenkan and (ii) 2,529 shares of Class A common stock issuable pursuant to stock awards vesting within 60 days of March 31, 2026.

(16)Consists of (i) 25,775 shares of Class A common stock held of record by Mr. Theis and (ii) 2,529 shares of Class A common stock issuable pursuant to stock awards vesting within 60 days of March 31, 2026.

(17)Consists of (i) 473,878 shares of Class A common stock held of record by our current directors and current executive officers; (ii) 52,906 shares of Class A common stock issuable pursuant to stock awards releasable within 60 days of March 31, 2026; and (iii) 5,745,332 shares of Class B common stock held of record by our directors and current executive officers.

**Equity Compensation Plan Information**

The following table summarizes our equity compensation plan information as of December 31, 2025. Information is included for equity compensation plans approved by our stockholders. All of our equity compensation plans have been approved by our stockholders.

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| | | | |
|:---|:---|:---|:---|
| **Plan Category** | **Number of Securities to be Issued Upon Exercise of Outstanding Options, Warrants and Rights** | **Weighted Average Exercise Price of Outstanding Options, Warrants and Rights** | **Number of Securities Remaining Available for Future Issuance Under Equity Compensation Plans (Excluding Securities Reflected in the first Column)** |
| Equity compensation plans approved by stockholders |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2013 Equity Incentive Plan (1) | 6275169 |  | 14229173 |
| &nbsp;&nbsp;&nbsp;&nbsp;Amended and Restated Employee Stock Purchase Plan (2) |  |  | 6854792 |
| Equity compensation plans not approved by stockholders |  |  |  |
| Total | 6275169 |  | 21083965 |

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(1)Our 2013 Plan provides that the number of shares of Class A Common Stock available for issuance under the 2013 Plan will automatically increase on the first day of each fiscal year beginning with the 2014 fiscal year, in an amount equal to the least of (i) 6,200,000 shares, (ii) five percent (5%) of the outstanding shares of all classes of common stock of the company on the last day of the immediately preceding fiscal year, or (iii) such other amount determined by the board of directors no later than the last day of the immediately preceding fiscal year.

(2)Our Amended and Restated Employee Stock Purchase Plan ("ESPP") provides that the number of shares of Class A Common Stock available for issuance under the ESPP will automatically increase on the first day of each fiscal year beginning with the 2014 fiscal year, in an amount equal to the least of (i) 1,250,000 shares, (ii) one percent (1%) of the outstanding shares of all classes of common stock of the company on the last day of the immediately preceding fiscal year, or (iii) such other amount as the board of directors may determine.

**Item 13. Certain Relationships and Related Transactions, and Director Independence**

In addition to the compensation arrangements, including employment, termination of employment and change in control arrangements discussed above in the sections titled "Directors, Executive Officers and Corporate Governance—Non-Employee Director Compensation" and "Executive Compensation," the following is a description of each transaction since January 1, 2025 and each currently proposed transaction in which:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• we have been or are to be a participant;

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• the amount involved exceeded or exceeds $120,000; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• any of our directors, executive officers, or holders of more than 5% of our capital stock, or any immediate family member of, or person sharing the household with, any of these individuals, had or will have a direct or indirect material interest.

**Consultant Arrangement**

Alexander Urazov, who is the son of Kira Makagon, our President and COO, was engaged by us as an independent contractor beginning in June 2025. His compensation for 2025 was comprised of cash payments of $108,000. His compensation to date for 2026 is comprised of cash payments of $90,000. Alexander Urazov's compensation was determined independently in the same manner as other independent contractors providing similar services. Ms. Makagon played no personal role in determining her son's compensation or reviewing her son's performance.

**Insurance**

In the ordinary course of business, the Company purchased health insurance services from UnitedHealthcare, a subsidiary of UnitedHealth Group, a provider of health insurance services to the Company. One of the Company's directors, serves as Senior Vice President and Chief Technology Officer of UnitedHealth Group. There were no material amounts payable to or receivable from UnitedHealthcare as of March 31, 2026 and December 31, 2025. During the three months ended March 31, 2026, the Company incurred total expenses of $5.5 million with UnitedHealthcare.

**Limitation of Officer and Director Liability and Indemnification Arrangements**

Our certificate of incorporation and bylaws each provide that we will indemnify our directors and officers and may indemnify our employees and other agents, to the fullest extent permitted by the Delaware General Corporation Law, which prohibits our certificate of incorporation from limiting the liability of our directors for the following:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• any breach of the director's duty of loyalty to us or to our stockholders;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• acts or omissions not in good faith or that involve intentional misconduct or a knowing violation of law;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• unlawful payment of dividends or unlawful stock repurchases or redemptions; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• any transaction from which the director derived an improper personal benefit.

If Delaware law is amended to authorize corporate action further eliminating or limiting the personal liability of a director, then the liability of our directors will be eliminated or limited to the fullest extent permitted by Delaware law, as so amended. Our certificate of incorporation will not eliminate a director's duty of care and, in appropriate circumstances, equitable remedies, such as injunctive or other forms of non-monetary relief, remain available under Delaware law. This provision also does not affect a director's responsibilities under any other laws, such as the federal securities laws or other state or federal laws. Under our bylaws, we will also be empowered to purchase insurance on behalf of any person whom we are required or permitted to indemnify.

In addition to the indemnification required in our certificate of incorporation and bylaws, we have entered into indemnification agreements with each of our current directors and executive officers. These agreements provide for the indemnification of our directors and executive officers for certain expenses and liabilities incurred in connection with any action, suit, proceeding or alternative dispute resolution mechanism, or hearing, inquiry or investigation that may lead to the foregoing, to which they are a party, or are threatened to be made a party, by reason of the fact that they are or were a director, officer, employee, agent or fiduciary of our Company, or any of our subsidiaries, by reason of any action or inaction by them while serving as an officer, director, agent or fiduciary, or by reason of the fact that they were serving at our request as a director, officer, employee, agent or fiduciary of another entity. Under the indemnification agreements, indemnification will only be provided in situations where the indemnified parties acted in good faith and in a manner they reasonably believed to be in or not opposed to our best interest, and with respect to any criminal action or proceeding, to situations where they had no reasonable cause to believe the conduct was unlawful. In the case of an action or proceeding by or in the right of our Company or any of our subsidiaries, no indemnification will be provided for any claim where a court determines that the indemnified party is prohibited from receiving indemnification. We believe that these bylaw provisions and indemnification agreements are

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necessary to attract and retain qualified persons as directors and officers. We also maintain directors' and officers' liability insurance.

The limitation of liability and indemnification provisions in our certificate of incorporation and bylaws may discourage stockholders from bringing a lawsuit against directors for breach of their fiduciary duties. They may also reduce the likelihood of derivative litigation against directors and officers, even though an action, if successful, might benefit us and our stockholders. A stockholder's investment may be harmed to the extent we pay the costs of settlement and damage awards against directors and officers pursuant to these indemnification provisions. Insofar as indemnification for liabilities arising under the Securities Act may be permitted to our directors, officers and controlling persons pursuant to the foregoing provisions, or otherwise, we have been advised that, in the opinion of the SEC, such indemnification is against public policy as expressed in the Securities Act, and is, therefore, unenforceable.

Other than as described above under this section titled "Certain Relationships and Related Transactions, and Director Independence," since January 1, 2025, we have not entered into any transactions, nor are there any currently proposed transactions, between us and a related party where the amount involved exceeds, or would exceed, $120,000, and in which any related person had or will have a direct or indirect material interest.

**Policies and Procedures for Related Party Transactions**

We have adopted a policy that our executive officers, directors, nominees for election as a director, beneficial owners of more than 5% of any class of our common stock and any members of the immediate family of any of the foregoing persons are not permitted to enter into a related party transaction with us without the prior consent of our audit committee. Any request for us to enter into a transaction with an executive officer, director, nominee for election as a director, beneficial owner of more than 5% of any class of our common stock or any member of the immediate family of any of the foregoing persons, in which the amount involved exceeds $120,000 and such person would have a direct or indirect interest must first be presented to our audit committee for review, consideration and approval. In approving or rejecting any such proposal, our audit committee considers the material facts of the transaction, including, but not limited to, whether the transaction is on terms no less favorable than terms generally available to an unaffiliated third party under the same or similar circumstances and the extent of the related person's interest in the transaction. In addition, our board of directors has delegated to each of our CEO, our CFO and our General Counsel, as appropriate, the authority to review and approve, as applicable, any such transaction in which the aggregate amount involved is expected to be less than $120,000, provided that such person charged with such review or approval is not the related person. In connection with each regularly scheduled meeting of our audit committee, a summary of each related party transaction approved in accordance with this paragraph shall be provided to the audit committee for its review.

**Director Independence**

Under the rules of the NYSE, independent directors must comprise a majority of a listed company's board of directors within a specified period of the completion of its initial public offering. In addition, the rules of the NYSE require that, subject to specified exceptions, each member of a listed company's audit, compensation and nominating and corporate governance committees be independent. Under the rules of the NYSE, a director is independent only if our board of directors makes an affirmative determination that the director has no material relationship with us.

Our board of directors undertook a review of its composition, the composition of its committees and the independence of each director. The determination of our board of directors was based upon information requested from and provided by each director concerning his or her background, employment and affiliations, including family relationships. In making this determination, our board of directors considered the relationships that each non-employee director has with us and all other facts and circumstances our board of directors deemed relevant in determining their independence, including the beneficial ownership of our capital stock by each non-employee director.

Our board of directors has determined that all of the current members of our board of directors, except our CEO, Mr. Shmunis, are "independent" as defined in the applicable NYSE rules and applicable rules and regulations of the SEC.

**Item 14. Principal Accountant Fees and Services**

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**Professional Fees Paid to the Independent Registered Public Accounting Firm**

The following table presents fees for professional audit services and other services rendered to our Company by KPMG for the years ended December 31, 2025 and 2024.

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| | | |
|:---|:---|:---|
| | **2025** | **2024** |
| Audit Fees <sup>(1)</sup> | $3118094 | $3328137 |
| Audit-Related Fees |  |  |
| Tax Fees |  |  |
| All Other Fees <sup>(2)</sup> | 11000 | 9500 |
| &nbsp;&nbsp;&nbsp;&nbsp;Total Fees | $3129094 | $3337637 |

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(1)"Audit Fees" consist of professional services rendered in connection with the audit of our annual financial statements, including audited financial statements, an audit of the effectiveness of our internal control over financial reporting, the review of our quarterly financial statements presented in our quarterly report on Form 10-Q, and services that are normally provided by the independent registered public accountants in connection with statutory and regulatory filings or engagements, including statutory audits of RingCentral CH GmbH, RingCentral France SAS, and RingCentral Israel LTD, our wholly owned subsidiaries in Switzerland, France, and Israel, respectively.

(2)"All Other Fees" for 2025 and 2024 consist of our annual license fees for an accounting research database subscription and an executive education platform subscription.

**Audit Committee Policy on Pre-Approval of Audit and Permissible Non-Audit Services of Independent Registered Public Accounting Firm**

Consistent with requirements of the SEC and the PCAOB regarding auditor independence, our audit committee is responsible for the appointment, compensation and oversight of the work of our independent registered public accounting firm. In recognition of this responsibility, our audit committee has established a policy for the pre-approval of all audit and permissible non-audit services provided by the independent registered public accounting firm. These services may include audit services, audit-related services, tax services and other services.

All services were pre-approved by our audit committee, which concluded that the provision of such services by KPMG, was compatible with the maintenance of that firm's independence in the conduct of its auditing functions. The audit committee's pre-approval policy provides for the pre-approval of audit, audit-related and tax services specifically described by the audit committee on an annual basis, and unless a type of service is pre-approved under the policy, it will require separate pre-approval by the audit committee if it is to be provided by the independent registered public accounting firm. The policy authorizes the audit committee to delegate to one or more of its members pre-approval authority with respect to permitted services.

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**Part IV**

**Item 15. Exhibits and Financial Statement Schedules**

The following documents are filed as part of this report:

Financial Statements

No financial statements are filed with this Amendment. The financial statements and notes thereto were included as part of the Original Report.

All schedules are omitted as the required information is either not present, not present in material amounts or presented within the consolidated financial statements or related notes.

Exhibits:

**EXHIBIT INDEX**

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| | |
|:---|:---|
| Exhibit Number | Description |
| <u>[31.3](rng-20251231xex313.htm)</u> | Certification of Principal Executive Officer pursuant to Rules 13a-14(a) and 15d-14(a) under the Securities Exchange Act of 1934, as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002 |
| <u>[31.4](rng-20251231xex314.htm)</u> | Certification of Principal Financial Officer pursuant to Rules 13a-14(a) and 15d-14(a) under the Securities Exchange Act of 1934, as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002 |
| 104 | Cover Page Interactive Data File (formatted as inline XBRL) |

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**Item 16.&nbsp;&nbsp;&nbsp;&nbsp; Summary**

None.

**SIGNATURES**

Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

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| | |
|:---|:---|
| | **RINGCENTRAL, INC.** |
| Date: April 30, 2026 | /s/ Vladimir Shmunis |
|  | Vladimir Shmunis |
|  | Chairman and Chief Executive Officer<br>(Principal Executive Officer) |
| Date: April 30, 2026 | /s/ Vaibhav Agarwal |
|  | Vaibhav Agarwal |
|  | Chief Financial Officer <br>(Principal Financial Officer) |
| Date: April 30, 2026 | /s/ Tarun Arora |
|  | Tarun Arora |
|  | Chief Accounting Officer <br>(Principal Accounting Officer) |

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Pursuant to the requirements of the Securities Exchange Act of 1934, this report has been signed below by the following persons on behalf of the Registrant and in the capacities and on the dates indicated.

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| | | |
|:---|:---|:---|
| **Signature** | **Title** | **Date** |
| \* | Director | April 30, 2026 |
| **Prat Bhatt** |  |  |
| \* | Director | April 30, 2026 |
| **Mahmoud ElAssir** |  |  |
| \* | Director | April 30, 2026 |
| **Kenneth A. Goldman** |  |  |
| \* | Director | April 30, 2026 |
| **Amy Guggenheim Shenkan** |  |  |
| \* | Director | April 30, 2026 |
| **Robert Theis** |  |  |

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| | |
|:---|:---|
| \*By: | /s/ Vladimir Shmunis |
|  | Vladimir Shmunis,<br>*As attorney-in-fact* |

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## Exhibit 31.3

**Exhibit 31.3**

**Certification of Principal Executive Officer**

**pursuant to**

**Exchange Act Rules 13a-14(a) and 15d-14(a), as adopted pursuant to**

**Section 302 of the Sarbanes-Oxley Act of 2002**

I, Vladimir Shmunis, certify that:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.I have reviewed this Amendment No. 1 to the Annual Report on Form 10-K of RingCentral, Inc.; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report.

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| | |
|:---|:---|
| | /s/ Vladimir Shmunis |
| | Vladimir Shmunis<br>*Chief Executive Officer and Chairman*<br>*(Principal Executive Officer)* |
| Date: April 30, 2026 | |

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## Exhibit 31.4

**Exhibit 31.4**

**Certification of Principal Financial Officer**

**pursuant to**

**Exchange Act Rules 13a-14(a) and 15d-14(a), as adopted pursuant to**

**Section 302 of the Sarbanes-Oxley Act of 2002**

I, Vaibhav Agarwal, certify that:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.I have reviewed this Amendment No. 1 to the Annual Report on Form 10-K of RingCentral, Inc.; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report.

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| | |
|:---|:---|
| | /s/ Vaibhav Agarwal |
| | Vaibhav Agarwal<br>*Chief Financial Officer*<br>*(Principal Financial Officer)* |
| Date: April 30, 2026 | |

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