nCino CLO sells shares to cover tax withholding
nCino, Inc. reported an insider transaction by Chief Legal & Administrative Officer and Secretary April Rieger.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
nCino, Inc. reported an insider transaction by Chief Legal & Administrative Officer and Secretary April Rieger. On 02/03/2026, she sold 8,078 shares of common stock at $18.682 per share. The filing explains these shares were sold solely to cover tax withholding triggered by vesting of restricted stock units under the company’s equity incentive plans, so the sale was not a discretionary trade. After this transaction, she beneficially owned 221,696 shares of nCino common stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 8,078 | $18.682 | $151K |
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
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did nCino (NCNO) report for April Rieger?
What role does April Rieger hold at nCino (NCNO)?
AI-generated analysis. How Rhea-AI works. Not financial advice.