nCino (NCNO) director granted 12,911 RSUs, raising holdings to 25,422 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Yasutake Andrew Hideki reported acquisition or exercise transactions in this Form 4 filing.
nCino, Inc. director Yasutake Andrew Hideki received an equity award of 12,911 shares of Common Stock in the form of restricted stock units. The RSUs were granted at no cash cost and increase his direct holdings to 25,422 shares after the award.
The RSUs vest in full on the earlier of June 18, 2027 or the date of nCino’s next annual stockholder meeting, as long as he continues to serve through that date. They will also vest fully upon a change in control of the company.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Yasutake Andrew Hideki
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 12,911 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 25,422 shares (Direct, null)
Footnotes (1)
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Key Figures
RSU grant size: 12,911 shares
Price per share: $0.0000 per share
Post-transaction holdings: 25,422 shares
+3 more
6 metrics
RSU grant size
12,911 shares
Restricted stock units granted on June 18, 2026
Price per share
$0.0000 per share
Grant, award, or other acquisition (code A)
Post-transaction holdings
25,422 shares
Total Common Stock directly held after grant
Vesting date
June 18, 2027
Latest possible full-vesting date for RSUs
Alternative vesting trigger
Next annual meeting
RSUs vest earlier if next annual stockholder meeting occurs first
Change in control vesting
Full acceleration
RSUs vest fully upon a change in control of nCino
Key Terms
restricted stock units ("RSUs"), change in control, annual meeting of the Issuer's stockholders, Grant, award, or other acquisition
4 terms
restricted stock units ("RSUs") financial
"Represents restricted stock units ("RSUs") that vest in full on the earlier of June 18, 2027..."
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
change in control financial
"These RSUs vest fully upon a change in control of the Issuer."
A "change in control" occurs when the ownership or management of a company shifts significantly, such as through a merger, acquisition, or sale of a large part of its assets. This change can impact how the company is run and may influence its future direction. For investors, it matters because it can affect the company's stability, strategy, and value, often signaling potential changes in investment risk or opportunity.
annual meeting of the Issuer's stockholders financial
"vest in full on the earlier of June 18, 2027 and the date of the next annual meeting of the Issuer's stockholders..."
Grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
FAQ
What did nCino (NCNO) director Yasutake Andrew Hideki report in this Form 4?
He reported receiving 12,911 nCino restricted stock units as an equity award. The grant was coded as an acquisition (code A) at no cash cost per share and increased his direct holdings to 25,422 shares after the transaction.
When do the new nCino (NCNO) RSUs granted to Yasutake Andrew Hideki vest?
The RSUs vest in full on the earlier of June 18, 2027 or the date of nCino’s next annual stockholder meeting. Vesting is conditioned on his continued service with the company through the applicable vesting date described in the award terms.
What happens to Yasutake Andrew Hideki’s nCino (NCNO) RSUs if there is a change in control?
The restricted stock units vest fully upon a change in control of nCino. This means that if the company experiences a qualifying control transaction, the unvested RSUs become fully vested, subject to the specific definition used in the award documentation.
Was this nCino (NCNO) Form 4 transaction a market purchase or sale?
No, it was not a market trade. The filing shows a grant or award acquisition (code A) of 12,911 restricted stock units at a price of $0.0000 per share, reflecting compensation rather than an open-market buy or sell transaction.