nCino Board Member William Ruh Expands Stake with Fresh RSU Grant
Filing Impact
Filing Sentiment
Form Type
4
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
2 transactions reported
Mixed
2 txns
Insider
RUH WILLIAM J
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 7,385 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 36,925 shares (Direct);
Common Stock — 204,001 shares (Indirect, By William J. Ruh Trust, U/T/A)
Footnotes (1)
- 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. These Shares are held directly by the William J. Ruh Trust, U/T/A, for which the reporting person is sole trustee.
FAQ
When do William Ruh's newly acquired NCNO RSUs vest?
The RSUs vest in full on the earlier of June 18, 2026 or the date of the next annual meeting of nCino's stockholders, subject to Ruh's continued service. Additionally, the RSUs vest fully upon a change in control of the company.
What is William Ruh's total NCNO stock ownership after the June 2025 transaction?
Following the transaction, William J. Ruh owns 36,925 shares directly and 204,001 shares indirectly through the William J. Ruh Trust, U/T/A, where he serves as sole trustee, for a total beneficial ownership of 240,926 shares.
What is William Ruh's role at NCNO?
According to the Form 4 filing, William J. Ruh serves as a Director of nCino, Inc. (NCNO), as indicated by the 'X' marked in the Director box under the Relationship of Reporting Person(s) to Issuer section.