nCino CEO sells 10,006 shares at $25.813 to cover RSU taxes
nCino (NCNO) reported an insider transaction by its CEO & President.
Rhea-AI Filing Summary
nCino (NCNO) reported an insider transaction by its CEO & President. On 11/04/2025, 10,006 shares of common stock were sold at $25.813 per share, leaving 618,597 shares beneficially owned. The filing notes the sale was executed to cover tax withholding upon RSU vesting and was mandated by the company’s equity incentive plans, indicating it was not a discretionary trade by the reporting person.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 10,006 shares
Net Sell
1 txn
Insider
Desmond Sean
Role
CEO & President
Sold
10,006 shs ($258K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 10,006 | $25.813 | $258K |
Holdings After Transaction:
Common Stock — 618,597 shares (Direct)
Footnotes (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.
FAQ
What did NCNO disclose in this Form 4?
An insider transaction by the CEO & President involving the sale of 10,006 shares of common stock on 11/04/2025.
Is this a discretionary trade?
The filing states it does not represent a discretionary trade by the reporting person.
What is the relationship of the reporting person to NCNO?
The reporting person is both a Director and an Officer (CEO & President).
What is the ownership form for the reported holdings?
The holdings are reported as Direct (D) ownership.
AI-generated analysis. How Rhea-AI works. Not financial advice.