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nCino CEO sells 8,064 shares after option exercise

nCino’s CEO exercised stock options and sold the resulting shares under a pre-arranged Rule 10b5-1 trading plan.

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

nCino, Inc. (NCNO) reported that CEO and President Desmond Sean exercised stock options and sold the resulting shares on September 3, 2026. He exercised options for 8,064 shares of common stock at an exercise price of $4.98 per share, then sold 8,064 shares of common stock at $23.66 per share the same day. These transactions were effected under a Rule 10b5-1 trading plan adopted on January 6, 2026. After the option exercise, he held 172,228 option shares directly, with those options currently exercisable and expiring on February 1, 2027.

Positive

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Negative

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Insider Desmond Sean
Role CEO & President
Sold 8,064 shs ($191K)
Approx. gross sale proceeds $191K
Approx. exercise cost $40K
Approx. pre-tax spread $151K
Type Security Shares Price Value
Exercise Stock Option (Right to Buy) F1, F2 8,064 $0.00 $0.00
Exercise Common Stock F1 8,064 $4.98 $40K
Sale Common Stock F1 8,064 $23.66 $191K
Holdings After Transaction: Stock Option (Right to Buy) — 172,228 contracts (Direct); Common Stock — 1,231,080 shares (Direct)
Footnotes (2)
  1. F1. These exercises and sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on January 6, 2026.
  2. F2. This option is currently exercisable.
Options exercised 8,064 shares Stock options for nCino common stock exercised on September 3, 2026
Option exercise price $4.98 per share Exercise price for 8,064 option shares exercised on September 3, 2026
Shares sold 8,064 shares Common stock sold on September 3, 2026 following the option exercise
Sale price $23.66 per share Price at which 8,064 common shares were sold on September 3, 2026
Remaining option holdings 172,228 shares Shares subject to stock options held directly after the reported exercise
Option expiration date February 1, 2027 Expiration date of the stock option that was partially exercised
Rule 10b5-1 plan adoption date January 6, 2026 Date the CEO’s Rule 10b5-1 trading plan governing these trades was adopted
Rule 10b5-1 trading plan regulatory
"These exercises and 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.
stock option (right to buy) financial
"Stock Option (Right to Buy) reported as a derivative security"
exercise price financial
"Options were exercised at an exercise price of $4.98 per share"
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.

FAQ

What insider transactions did nCino (NCNO) report for CEO Desmond Sean?

nCino reported that CEO Desmond Sean exercised options for 8,064 shares of common stock at $4.98 per share and sold 8,064 shares of common stock at $23.66 per share on September 3, 2026, in linked option-exercise and sale transactions.

Was the NCNO CEO’s September 3, 2026 transaction under a Rule 10b5-1 plan?

Yes. The filing states that these exercises and sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on January 6, 2026, indicating the trades were pre-arranged under that plan.

How many nCino (NCNO) options did the CEO exercise and at what price?

On September 3, 2026, the CEO exercised stock options covering 8,064 shares of nCino common stock at an exercise price of $4.98 per share. The option is described as currently exercisable and carries an expiration date of February 1, 2027.

At what price did the NCNO CEO sell shares after exercising options?

Following the option exercise, the CEO sold 8,064 shares of nCino common stock at a reported sale price of $23.66 per share on September 3, 2026. The sale involved the same number of shares as were acquired through the option exercise.

How many nCino (NCNO) stock options remain after the CEO’s transaction?

After the September 3, 2026 option exercise, the CEO held 172,228 shares subject to stock options directly. The filing notes these options are currently exercisable and have an expiration date of February 1, 2027.

What type of securities were involved in the NCNO CEO’s Form 4 filing?

The filing reports transactions in a stock option (right to buy) and the underlying common stock. The option was exercised to acquire 8,064 shares of common stock, and the same number of common shares were then sold on September 3, 2026.

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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED 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 NORTH CAROLINA 28405

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
nCino, Inc. [ NCNO ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
XOfficer (give title below)Other (specify below)
CEO & President
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
09/03/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock09/03/2026M8,064(1)A$4.981,239,144D
Common Stock09/03/2026S8,064(1)D$23.661,231,080D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Stock Option (Right to Buy)$4.9809/03/2026M8,064(1) (2)02/01/2027Common Stock8,064$0172,228D
Explanation of Responses:
1. These exercises and sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on January 6, 2026.
2. This option is currently exercisable.
Remarks:
/s/ Jeanette Sellers, Attorney-in-fact for Sean Desmond09/08/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

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