Pre-planned nCino (NCNO) insider sale of 3,695 shares filed
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
nCino, Inc. senior vice president of accounting Jeanette Sellers reported an open-market sale of 3,695 shares of nCino common stock. The transaction took place on May 5, 2026 at a price of $18.04 per share, for proceeds of roughly $66,658.
The sale was executed under a Rule 10b5-1 trading plan that Sellers adopted on September 16, 2025, indicating it was pre-planned rather than timed discretionarily. After this sale, Sellers directly holds 50,876 shares of nCino common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 3,695 shares ($66,658)
Net Sell
1 txn
Insider
Sellers Jeanette
Role
SVP of Accounting
Sold
3,695 shs ($67K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 3,695 | $18.04 | $67K |
Holdings After Transaction:
Common Stock — 50,876 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 3,695 shares
Sale price: $18.04 per share
Estimated proceeds: $66,658
+2 more
5 metrics
Shares sold
3,695 shares
Open-market sale on May 5, 2026
Sale price
$18.04 per share
Price for common stock sold
Estimated proceeds
$66,658
3,695 shares sold at $18.04 per share
Shares owned after
50,876 shares
Direct holdings following sale
Net share change
-3,695 shares
Net-sell direction in transaction summary
Key Terms
Rule 10b5-1 trading plan, open-market sale, Common Stock, Form 4
4 terms
Rule 10b5-1 trading plan regulatory
"These sales were effected pursuant to a Rule 10b5-1 trading plan adopted"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Common Stock financial
""security_title": "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did nCino (NCNO) report for Jeanette Sellers?
nCino reported that senior vice president of accounting Jeanette Sellers sold 3,695 shares of common stock. The transaction was an open-market sale at $18.04 per share, and it was executed under a pre-established Rule 10b5-1 trading plan.
Was the nCino (NCNO) insider sale by Jeanette Sellers part of a Rule 10b5-1 plan?
Yes. The filing states the sales were effected pursuant to a Rule 10b5-1 trading plan adopted by Jeanette Sellers on September 16, 2025. Such plans pre-schedule trades, reducing the significance of transaction timing as an indicator of insider sentiment.
What role does Jeanette Sellers hold at nCino (NCNO)?
Jeanette Sellers serves as nCino’s senior vice president of accounting. Her position is disclosed in the Form 4 filing, which lists her as an officer of the company with the title “SVP of Accounting.”
Was the nCino (NCNO) insider sale by Jeanette Sellers a direct or indirect holding?
The Form 4 shows the transaction as a direct holding, indicated by the ownership code “D.” This means the 3,695 shares sold and the remaining 50,876 shares are held directly in her name, not through an intermediary entity.