RSU grant gives nCino (NCNO) director Jonathan Doyle 12,911 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Doyle Jonathan J reported acquisition or exercise transactions in this Form 4 filing.
nCino, Inc. director Jonathan J. Doyle reported receiving a grant of 12,911 shares of Common Stock in the form of restricted stock units. The award carries a price of $0.00 per share, reflecting compensation rather than a market purchase, and brings his direct holdings to 89,836 shares after the grant.
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 Doyle continues in service through that date. The units also vest fully if there is a change in control of nCino, which would accelerate the award.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Doyle Jonathan J
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 12,911 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 89,836 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSU grant size: 12,911 shares
Grant price: $0.00 per share
Holdings after grant: 89,836 shares
+1 more
4 metrics
RSU grant size
12,911 shares
Restricted stock units awarded to director on June 18, 2026
Grant price
$0.00 per share
Equity compensation, not an open-market purchase
Holdings after grant
89,836 shares
Total direct Common Stock holdings following the RSU award
Vesting date
June 18, 2027
RSUs vest on earlier of this date or next annual meeting
Key Terms
restricted stock units ("RSUs"), vest in full, change in control
3 terms
restricted stock units ("RSUs") financial
"Represents restricted stock units ("RSUs") that vest in full on the earlier"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
vest in full financial
"RSUs that vest in full on the earlier of June 18, 2027"
change in control financial
"These RSUs vest fully upon a change in control of the Issuer"
A "change in control" occurs when the ownership or management of a company shifts significantly, such as through a merger, acquisition, or sale of a large part of its assets. This change can impact how the company is run and may influence its future direction. For investors, it matters because it can affect the company's stability, strategy, and value, often signaling potential changes in investment risk or opportunity.
FAQ
What insider transaction did nCino (NCNO) disclose for Jonathan J. Doyle?
nCino director Jonathan J. Doyle received 12,911 restricted stock units as equity compensation. The grant is priced at $0.00 per share and increases his direct holdings to 89,836 shares of Common Stock, according to the Form 4 filing.
When do Jonathan J. Doyle’s new nCino (NCNO) RSUs vest?
The 12,911 nCino restricted stock units vest in full on the earlier of June 18, 2027 or the date of the company’s next annual stockholder meeting, provided Doyle continues to serve through that vesting date.
What triggers accelerated vesting of Doyle’s nCino (NCNO) RSUs?
The restricted stock units vest fully upon a change in control of nCino. This means if nCino undergoes a qualifying control transaction, all 12,911 RSUs would become fully vested regardless of the original vesting schedule.
Was Jonathan J. Doyle’s nCino (NCNO) RSU grant an open-market stock purchase?
No. The Form 4 lists the transaction code as “A,” a grant or award acquisition, with a price of $0.00 per share. This indicates a compensation-related stock award, not an open-market purchase of nCino shares.