NCNO insider files Form 144 to sell 62,324 shares via Merrill Lynch

Rhea-AI Filing Summary

Form 144 notice: The filer intends to sell 62,324 shares of common stock of nCino, Inc. (ticker NCNO) through Merrill Lynch Pierce Fenner and Smith on or about 09/08/2025. The filing lists an aggregate market value of $1,894,649.60 for the proposed sale and shows 115,814,720 shares outstanding, so the proposed sale represents approximately 0.0538% of outstanding shares. The securities were acquired on 06/15/2020 in a private placement from the issuer and paid for in cash. The filer reports nothing to report for sales in the past three months and includes the required attestation that no material nonpublic information is known.

Positive

• Transparent disclosure of proposed sale details including broker, share count, aggregate market value, and acquisition history
• Attestation confirming the filer asserts no known material nonpublic information and noting 10b5-1 plan conditions
• Acquisition paid in cash and originally acquired in a private placement (dates provided)

Negative

• Proposed sale increases available shares by 62,324 (approximately 0.0538% of outstanding shares), which is a small dilution of outstanding float

Insights

Securities Analyst

TL;DR: Routine Section 144 filing for a modest insider sale; immaterial to market capitalization.

The notice documents a proposed sale of 62,324 common shares via a broker with an aggregate value of $1.89 million, representing roughly 0.0538% of outstanding shares. The shares were acquired in a private placement on 06/15/2020 and paid for in cash, and there are no reported sales in the past three months. This is a standard Rule 144 compliance disclosure and, given the small percentage of outstanding stock, is unlikely to be materially market-moving.

Corporate Governance Expert

TL;DR: Proper compliance with Rule 144 disclosure requirements; contains attestation regarding material nonpublic information.

The filing includes required broker information, acquisition details, and the signer’s representation about material nonpublic information and any 10b5-1 trading plan status. From a governance perspective, the document satisfies routine transparency expectations for an insider or affiliate selling previously restricted shares acquired in a private placement.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common Stock	Merrill Lynch Pierce Fenner and Smith One Bryant Park New York NY 10036	62324	1894649.60	115814720	09/08/2025	Nasdaq

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common Stock	06/15/2020	Private Placement	Issuer			62324	06/15/2020	Cash

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Nothing to Report

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does nCino (NCNO) Form 144 disclose?

The Form 144 shows a proposed sale of 62,324 shares of nCino common stock via Merrill Lynch for an aggregate market value of $1,894,649.60 with an approximate sale date of 09/08/2025.

When and how were the shares being sold acquired?

The shares were acquired on 06/15/2020 in a private placement from the issuer and payment was made in cash.

How large is the proposed sale relative to NCNO's outstanding shares?

The proposed sale of 62,324 shares represents about 0.0538% of the reported 115,814,720 shares outstanding.

Were there any sales by this person in the past three months?

The filing states "Nothing to Report" for securities sold during the past three months.

Does the filer claim any material nonpublic information?

By signing, the filer represents they do not know any material adverse information about the issuer that has not been publicly disclosed.