nCino Director Receives $7.3K Stock Grant, Holds Over 240K Total Shares
nCino Director William J. Ruh received a grant of 7,385 restricted stock units (RSUs) on June 18, 2025.
Rhea-AI Filing Summary
nCino Director William J. Ruh received a grant of 7,385 restricted stock units (RSUs) on June 18, 2025. The RSUs will fully vest on the earlier of June 18, 2026, or the next annual stockholders' meeting, contingent on Ruh's continued service. The RSUs were granted at $0 cost and include an accelerated vesting provision in the event of a change in control.
Following this transaction, Ruh's holdings include:
- 36,925 shares held directly
- 204,001 shares held indirectly through the William J. Ruh Trust, where he serves as sole trustee
This Form 4 filing, submitted by attorney-in-fact Jeanette Sellers on June 23, 2025, reflects standard equity-based compensation for board service, aligning the director's interests with shareholders through a one-year vesting schedule.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 7,385 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Footnotes (2)
- F1. Represents restricted stock units ("RSUs") that vest in full on the earlier of June 18, 2026 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.
- F2. These Shares are held directly by the William J. Ruh Trust, U/T/A, for which the reporting person is sole trustee.
FAQ
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AI-generated analysis. How Rhea-AI works. Not financial advice.