nCino CEO exercises options, sells 8,064 shares
nCino, Inc. CEO and President Sean Desmond reported an exercise-and-sale transaction in company stock.
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Rhea-AI Filing Summary
nCino, Inc. CEO and President Sean Desmond reported an exercise-and-sale transaction in company stock. On June 3, 2026, he sold 8,064 shares of common stock in an open-market transaction at $16.26 per share.
On the same date, he exercised stock options to acquire 8,064 shares of common stock at an exercise price of $4.98 per share. After these transactions, he directly holds 1,262,492 shares of nCino common stock and retains 196,420 stock options with a $4.98 exercise price expiring on February 1, 2027. The filing states that these exercises and sales were carried out under a pre-arranged Rule 10b5-1 trading plan adopted on January 6, 2026.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (Right to Buy) | 8,064 | $0.00 | $0.00 |
| Exercise | Common Stock | 8,064 | $4.98 | $40K |
| Sale | Common Stock | 8,064 | $16.26 | $131K |
Footnotes (2)
- F1. These exercises and sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on January 6, 2026.
- F2. This option is currently exercisable.
Key Figures
Key Terms
Rule 10b5-1 trading plan regulatory
Stock Option (Right to Buy) financial
derivative security financial
open-market sale financial
FAQ
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What insider transaction did nCino (NCNO) CEO Sean Desmond report?
What stock options did the nCino (NCNO) CEO exercise in this filing?
What stock option position remains for the nCino (NCNO) CEO after the exercise?
AI-generated analysis. How Rhea-AI works. Not financial advice.