nCino director granted 12,911 RSUs
Nyweide Justin C. reported acquisition or exercise transactions in this Form 4 filing. nCino, Inc. director Justin C. Nyweide received a grant of 12,911 shares of common stock in the form of restricted stock units.
Rhea-AI Filing Summary
Nyweide Justin C. reported acquisition or exercise transactions in this Form 4 filing.
nCino, Inc. director Justin C. Nyweide received a grant of 12,911 shares of common stock in the form of restricted stock units. These RSUs were awarded at no cash cost to him and increase his direct holdings to 28,656 shares.
The RSUs vest in full on the earlier of June 18, 2027 or the date of nCino’s next annual stockholder meeting, as long as he continues serving through that date. They also vest fully if there is a change in control of nCino before then.
Positive
- None.
Negative
- None.
Insights
Routine director RSU grant that modestly increases equity alignment.
Director Justin C. Nyweide received 12,911 restricted stock units in nCino, Inc., a typical equity-based compensation grant. The award vests in a single tranche tied to continued board service or earlier upon a change in control.
The grant raises his direct holdings to 28,656 shares, signaling additional exposure to the company’s equity but on a relatively small scale. This looks like standard governance practice rather than a directional bet, so the overall investment impact appears neutral.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 12,911 | $0.00 | $0.00 |
Footnotes (1)
- F1. Represents restricted stock units ("RSUs") that vest in full on the earlier of June 18, 2027 and the date of the next annual meeting of the Issuer's stockholders, subject to the reporting person's continued service through the applicable vesting date. These RSUs vest fully upon a change in control of the Issuer.
Key Figures
Key Terms
restricted stock units ("RSUs") financial
change in control financial
continued service financial
grant, award, or other acquisition financial
FAQ
What did nCino (NCNO) director Justin Nyweide receive in this Form 4 filing?
When do Justin Nyweide’s new RSUs in nCino (NCNO) vest?
Is Justin Nyweide’s nCino (NCNO) RSU grant tied to a change in control?
AI-generated analysis. How Rhea-AI works. Not financial advice.