nCino director granted 12,911 RSUs in stock award
Spruill William R reported acquisition or exercise transactions in this Form 4 filing. nCino, Inc. director William R. Spruill reported an equity compensation grant of 12,911 shares of common stock in the form of restricted stock units (RSUs).
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Rhea-AI Filing Summary
Spruill William R reported acquisition or exercise transactions in this Form 4 filing.
nCino, Inc. director William R. Spruill reported an equity compensation grant of 12,911 shares of common stock in the form of restricted stock units (RSUs). The RSUs were awarded at no cash cost and increase his directly held position to 42,287 shares.
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 Spruill remains in service through that date. They also fully vest if there is a change in control of nCino, accelerating his receipt of the underlying shares.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 12,911 | $0.00 | $0.00 |
Footnotes (1)
- F1. Represents restricted stock units ("RSUs") that vest in full on the earlier of June 18, 2027 and the date of the next annual meeting of the Issuer's stockholders, subject to the reporting person's continued service through the applicable vesting date. These RSUs vest fully upon a change in control of the Issuer.
Key Figures
Key Terms
restricted stock units ("RSUs") financial
change in control financial
annual meeting of the Issuer's stockholders regulatory
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did nCino (NCNO) director William R. Spruill report?
When do William R. Spruill’s newly granted nCino RSUs vest?
What happens to William R. Spruill’s nCino RSUs if there is a change in control?
Are William R. Spruill’s nCino RSUs subject to any service conditions?
AI-generated analysis. How Rhea-AI works. Not financial advice.