nCino (NASDAQ: NCNO) CEO Desmond files Form 4 on option exercise and sale

Rhea-AI Filing Summary

nCino, Inc. CEO and President Sean Desmond reported a planned insider transaction involving company stock. On January 5, 2026, he exercised a stock option for 7,331 shares of common stock at $4.98 per share and then sold 7,331 common shares at $24.51 per share. These exercises and sales were carried out under a Rule 10b5-1 trading plan adopted on September 4, 2025, which pre-schedules trades to help avoid the appearance of trading on inside information.

After the sale, Desmond directly held 618,597 shares of nCino common stock and 220,614 stock options. The reported option involved in this transaction is currently exercisable and is scheduled to expire on February 1, 2027.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

X

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Desmond Sean

(Last) (First) (Middle)

6770 PARKER FARM DRIVE

SUITE 200

(Street)

WILMINGTON NC 28405

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
nCino, Inc. [ NCNO ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	CEO & President

3. Date of Earliest Transaction (Month/Day/Year)
01/05/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	01/05/2026		M		7,331(1)	A	$4.98	625,928	D
Common Stock	01/05/2026		S		7,331(1)	D	$24.51	618,597	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Option (Right to Buy)	$4.98	01/05/2026		M			7,331(1)	(2)	02/01/2027	Common Stock	7,331	$0	220,614	D

Explanation of Responses:

1. These exercises and sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 4, 2025.

2. This option is currently exercisable.

Remarks:

	/s/ Jeanette Sellers, Attorney-in-fact for Sean Desmond	01/07/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did nCino (NCNO) disclose for Sean Desmond?

The filing reports that Sean Desmond, nCino's CEO and President, exercised an option for 7,331 shares of common stock at $4.98 and sold 7,331 shares at $24.51 on January 5, 2026.

Was the nCino (NCNO) insider trade by Sean Desmond under a Rule 10b5-1 plan?

Yes. The document states that the exercises and sales were effected pursuant to a Rule 10b5-1 trading plan adopted by Sean Desmond on September 4, 2025.

How many nCino (NCNO) shares does Sean Desmond own after this Form 4 filing?

Following the reported transactions, Sean Desmond directly owned 618,597 shares of nCino common stock, according to the filing.

What stock options does Sean Desmond hold after the reported nCino (NCNO) transaction?

After the transaction, he beneficially owned 220,614 stock options. The option referenced in the filing covers 7,331 shares, is currently exercisable, and expires on February 1, 2027.

What role does Sean Desmond have at nCino (NCNO)?

Sean Desmond is identified as both a Director and an Officer of nCino, serving as CEO & President.

What is the significance of the transaction codes M and S in the nCino (NCNO) Form 4?

In the filing, code M denotes the exercise of a stock option, and code S denotes a sale of common stock. Both codes are used for Sean Desmond's January 5, 2026 transactions.