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nCino (NCNO) SVP reports 2,423-share sales for tax and 10b5-1 plan

(Neutral)
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Form Type
4

Rhea-AI Filing Summary

nCino, Inc. officer Jeanette Sellers, SVP of Accounting, reported selling a total of 2,423 shares of common stock. On August 4, 2026 she sold 887 shares at $19.218 solely to cover tax withholding on RSU vesting, a mandatory sale. On August 5, 2026 she sold 1,536 shares at $19.53 pursuant to a Rule 10b5-1 trading plan adopted on September 16, 2025.

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Insider Sellers Jeanette
Role SVP of Accounting
Sold 2,423 shs ($47K)
Type Security Shares Price Value
Sale Common Stock F2 1,536 $19.53 $30K
Sale Common Stock F1 887 $19.218 $17K
Holdings After Transaction: Common Stock — 48,453 shares (Direct)
Footnotes (2)
  1. F1. These shares were sold to cover tax withholding due upon vesting of RSUs. Such "sales to cover" are mandated by the Issuer's equity incentive plans to satisfy tax withholding obligations and do not represent a discretionary trade by the reporting person.
  2. F2. These sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 16, 2025.
Total shares sold 2,423 shares Aggregate nCino common stock sales reported for August 4–5, 2026
Shares sold for RSU tax withholding 887 shares Sold on August 4, 2026 to cover tax withholding on RSU vesting
Shares sold under Rule 10b5-1 plan 1,536 shares Sold on August 5, 2026 pursuant to a Rule 10b5-1 trading plan
Sale price on August 4, 2026 $19.218 per share Price for 887-share sale to cover RSU-related tax withholding
Sale price on August 5, 2026 $19.53 per share Price for 1,536-share sale under Rule 10b5-1 trading plan
10b5-1 plan adoption date September 16, 2025 Date Jeanette Sellers adopted the Rule 10b5-1 trading plan
Rule 10b5-1 trading plan regulatory
"These sales were effected pursuant to a Rule 10b5-1 trading plan"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
sales to cover financial
"These shares were sold to cover tax withholding due upon vesting"
equity incentive plans financial
"mandated by the Issuer's equity incentive plans to satisfy tax"
Equity incentive plans are company programs that pay employees, executives, or directors with company stock, stock options, or share units instead of or in addition to cash, aiming to align their interests with shareholders—like giving team members a stake in the house they help build. For investors this matters because such plans can motivate better company performance but also dilute existing ownership and increase reported compensation costs, so they affect future earnings, voting power, and share value.
restricted stock units (RSUs) financial
"tax withholding due upon vesting of RSUs"
Restricted stock units (RSUs) are a type of company promise to give employees shares of stock in the future, usually after certain conditions like working for a set time. They are like a gift promised today that you receive later, which can become valuable if the company's stock price goes up. RSUs matter because they are a way companies reward employees and can be a significant part of compensation.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FAQ

What insider stock sales did nCino (NCNO) report for Jeanette Sellers?

nCino reported that SVP of Accounting Jeanette Sellers sold a total of 2,423 shares of common stock over two days. The transactions were 887 shares on August 4, 2026 and 1,536 shares on August 5, 2026 at prices near $19 per share.

Were Jeanette Sellers' nCino (NCNO) stock sales discretionary?

The August 4, 2026 sale of 887 shares was to cover tax withholding on RSU vesting and is described as not a discretionary trade. The August 5, 2026 sale of 1,536 shares was executed under a pre-established Rule 10b5-1 trading plan.

At what prices did Jeanette Sellers sell her nCino (NCNO) shares?

On August 4, 2026, Jeanette Sellers sold 887 shares at $19.218 per share to cover RSU tax withholding. On August 5, 2026, she sold 1,536 shares at $19.53 per share pursuant to a Rule 10b5-1 trading plan.

Why were 887 nCino (NCNO) shares sold on August 4, 2026?

The 887 shares sold on August 4, 2026 were used to cover tax withholding due upon vesting of restricted stock units (RSUs). The filing states these sales-to-cover are mandated by nCino’s equity incentive plans and do not represent a discretionary trade.

What is the Rule 10b5-1 plan referenced in the nCino (NCNO) filing?

The filing explains that the August 5, 2026 sale of 1,536 shares was made under a Rule 10b5-1 trading plan adopted by Jeanette Sellers on September 16, 2025, indicating the trade followed a pre-arranged schedule rather than ad hoc timing.

What position does Jeanette Sellers hold at nCino (NCNO)?

Jeanette Sellers is identified as SVP of Accounting at nCino, Inc. In this capacity she is an officer of the company and must publicly report transactions in nCino common stock, such as the August 2026 sales totaling 2,423 shares.
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
X
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Sellers Jeanette

(Last)(First)(Middle)
6770 PARKER FARM DRIVE
SUITE 200

(Street)
WILMINGTON NORTH CAROLINA 28405

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
nCino, Inc. [ NCNO ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
SVP of Accounting
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/04/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock08/04/2026S887(1)D$19.21849,989D
Common Stock08/05/2026S1,536(2)D$19.5348,453D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. These shares were sold to cover tax withholding due upon vesting of RSUs. Such "sales to cover" are mandated by the Issuer's equity incentive plans to satisfy tax withholding obligations and do not represent a discretionary trade by the reporting person.
2. These sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 16, 2025.
Remarks:
/s/ Jeanette Sellers08/06/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)