nCino (NCNO) Form 144 Filing: Insider Plans to Sell 322K Shares
Rhea-AI Filing Summary
The Form 144 notice shows that a holder of nCino, Inc. (NCNO) securities intends to sell 322,180 shares of common stock, with an aggregate market value of $9,794,272, on or about 09/08/2025 through Merrill Lynch Pierce Fenner and Smith on Nasdaq. The shares were acquired in a private placement on 06/15/2020 and were paid for in cash. The filing reports 115,814,720 shares outstanding and states no securities sold in the past three months. The signer certifies no undisclosed material adverse information.
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Insights
TL;DR: Routine Rule 144 sale notice; transaction details disclosed without new operational information.
The filing is a standard Form 144 reporting a proposed sale of 322,180 shares valued at $9.79 million, executed via a broker on Nasdaq. It discloses acquisition by private placement in 2020 and cash payment. The notice does not report recent sales by the same person and contains the required certification about undisclosed material information. This disclosure alone is procedural and does not provide earnings, guidance, or operational insights for NCNO.
TL;DR: Compliance-focused filing showing insider/affiliate sale mechanics and required certifications.
The document fulfills Rule 144 disclosure requirements by specifying class, broker, share count, market value, acquisition date and nature, and payment method. It includes the signer’s representation regarding material information and a fraud warning. No governance changes, director resignations, related-party conflicts, or material corporate actions are disclosed.