nCino CLO sells 6,098 shares to cover taxes
nCino’s chief legal officer reported a mandatory sale of 6,098 shares to cover tax withholding on vested RSUs, retaining 369,651 shares.
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Rhea-AI Filing Summary
nCino, Inc. insider April Rieger, its Chief Legal & Administrative Officer and Secretary, reported a sale of 6,098 shares of common stock on September 15, 2026 at about $21.98 per share. According to the company’s equity plans, these shares were sold solely to cover tax withholding on vested RSUs, and Rieger directly holds 369,651 shares afterward.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1 | 6,098 | $21.983 | $134K |
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.
Key Figures
Key Terms
Restricted Stock Units (RSUs) financial
equity incentive plans financial
tax withholding obligations financial
sale to cover financial
FAQ
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What insider transaction did nCino (NCNO) report for April Rieger?
Was April Rieger’s NCNO sale under a Rule 10b5-1 trading plan?
AI-generated analysis. How Rhea-AI works. Not financial advice.