nCino CEO sells 16,589 shares, exercises options

nCino, Inc. CEO and President Sean Desmond reported an open-market sale and option exercise involving the company’s common stock.

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Rhea-AI Filing Summary

nCino, Inc. CEO and President Sean Desmond reported an open-market sale and option exercise involving the company’s common stock. On May 5, 2026, he sold 16,589 shares of common stock at $18.04 per share in an open-market transaction and exercised stock options for 8,065 shares at an exercise price of $4.98 per share. Following the sale, he held 1,262,492 common shares directly. A related derivative entry shows 204,484 stock options outstanding with an exercise price of $4.98 per share, expiring on February 1, 2027, which are currently exercisable. The filing notes these exercises and sales were carried out under a Rule 10b5-1 trading plan adopted on January 6, 2026.

Insider Trade Summary 10b5-1

Exercise and sale activity reported; no spread calculated

Exercise and Sale 3 txns

Insider Desmond Sean

Role CEO & President

Sold 16,589 shs ($299K)

Approx. gross sale proceeds $299K

Approx. exercise cost $40K

Type	Security	Shares	Price	Value
Exercise	Stock Option (Right to Buy)	8,065	$0.00	$0.00
Exercise	Common Stock	8,065	$4.98	$40K
Sale	Common Stock	16,589	$18.04	$299K

Holdings After Transaction: Stock Option (Right to Buy) — 204,484 contracts (Direct); Common Stock — 1,262,492 shares (Direct)

Footnotes (2)

F1. These exercises and sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on January 6, 2026.
F2. This option is currently exercisable.

Key Figures

Shares sold: 16,589 shares Sale price: $18.04 per share Shares after sale: 1,262,492 shares +5 more

8 metrics

Shares sold 16,589 shares Open-market sale of common stock on May 5, 2026 at $18.04

Sale price $18.04 per share Price for 16,589 common shares sold in open market

Shares after sale 1,262,492 shares Direct common stock holdings following reported sale

Options exercised 8,065 shares Common shares acquired via option exercise at $4.98

Option exercise price $4.98 per share Exercise price for stock options converted into common stock

Options outstanding 204,484 options Stock options remaining after exercise, currently exercisable

Option expiration February 1, 2027 Expiration date for the reported stock option grant

Trading plan adoption date January 6, 2026 Date Rule 10b5-1 trading plan governing these trades was adopted

Key Terms

Rule 10b5-1 trading plan, open-market sale, Stock Option (Right to Buy), exercise or conversion of derivative security, +1 more

5 terms

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.

open-market sale financial

"transaction_action: open-market sale"

An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.

Stock Option (Right to Buy) financial

"security_title: Stock Option (Right to Buy)"

exercise or conversion of derivative security financial

"transaction_code_description: Exercise or conversion of derivative security"

currently exercisable financial

"This option is currently exercisable."

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

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

Sean Desmond reported an open-market sale of 16,589 nCino common shares at $18.04 per share and exercised options for 8,065 shares at a $4.98 exercise price. These trades were executed under a pre-arranged Rule 10b5-1 trading plan adopted in January 2026.

How many nCino (NCNO) shares did the CEO sell and at what price?

The CEO sold 16,589 shares of nCino common stock at $18.04 per share. This transaction was classified as an open-market sale of non-derivative common stock and was executed pursuant to a Rule 10b5-1 trading plan adopted on January 6, 2026.

What stock options did the nCino (NCNO) CEO exercise in this Form 4?

He exercised stock options covering 8,065 shares of nCino common stock at an exercise price of $4.98 per share. The related derivative entry shows these options are part of a larger grant, are currently exercisable, and carry an expiration date of February 1, 2027.

How many nCino (NCNO) shares does the CEO hold after the reported sale?

After the reported open-market sale, the filing shows Sean Desmond directly holding 1,262,492 shares of nCino common stock. This figure reflects his direct, non-derivative common stock ownership immediately following the 16,589-share sale disclosed in the Form 4.

What derivative holdings remain for the nCino (NCNO) CEO after this filing?

The derivative table reports 204,484 stock options outstanding with an exercise price of $4.98 per share, underlying common stock, and an expiration date of February 1, 2027. A footnote states this option position is currently exercisable, indicating ongoing access to additional shares.

Was the nCino (NCNO) CEO’s stock sale discretionary or under a plan?

The filing states the exercises and sales were effected under a Rule 10b5-1 trading plan adopted on January 6, 2026. Such plans are pre-arranged trading programs that schedule transactions in advance, helping separate them from discretionary market-timing decisions by insiders.

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Form 4 Insider Transactions: What Each Field Means →

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Accepted by SEC EDGAR 05/07/2026 - 05:29 PM EDT

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).

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)

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

2a. Foreign Trading Symbol

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

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

X	Form 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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	05/05/2026		M		8,065⁽¹⁾	A	$4.98	1,279,081	D
Common Stock	05/05/2026		S		16,589⁽¹⁾	D	$18.04	1,262,492	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Stock Option (Right to Buy)	$4.98	05/05/2026		M			8,065⁽¹⁾	⁽²⁾	02/01/2027	Common Stock	8,065	$0	204,484	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 January 6, 2026.

2. This option is currently exercisable.

Remarks:

	/s/ Jeanette Sellers, Attorney-in-fact for Sean Desmond	05/07/2026
	** 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.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR