nCino (NCNO) CFO sells 4,353 shares at $25.813 for taxes
nCino (NCNO) reported an insider transaction by its CFO & Treasurer, Gregory Orenstein.
Rhea-AI Filing Summary
nCino (NCNO) reported an insider transaction by its CFO & Treasurer, Gregory Orenstein. On 11/04/2025, he sold 4,353 shares of common stock at $25.813 per share.
The filing states these shares were sold to cover tax withholding due upon the vesting of RSUs, as mandated by the company’s equity incentive plans, and do not represent a discretionary trade. Following the transaction, he beneficially owns 461,746 shares, held directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 4,353 shares
Net Sell
1 txn
Insider
Orenstein Gregory
Role
CFO & Treasurer
Sold
4,353 shs ($112K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 4,353 | $25.813 | $112K |
Holdings After Transaction:
Common Stock — 461,746 shares (Direct)
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
What did nCino (NCNO) disclose in this Form 4?
The CFO & Treasurer, Gregory Orenstein, sold 4,353 shares on 11/04/2025 at $25.813 per share to cover RSU tax withholding.
What was the purpose of the NCNO insider sale?
The sale was to cover tax withholding upon RSU vesting and is mandated by the company’s equity plans, not a discretionary trade.
Who is the reporting person in NCNO’s Form 4?
The reporting person is Gregory Orenstein, nCino’s CFO & Treasurer.
Was this a direct or indirect ownership holding?
Post-transaction ownership is listed as Direct (D).
AI-generated analysis. How Rhea-AI works. Not financial advice.