Kayne Anderson Rudnick discloses 5.1% nCino (NCNO) stake in updated filing

Rhea-AI Filing Summary

Kayne Anderson Rudnick Investment Management, LLC filed an amended Schedule 13G reporting its beneficial ownership in nCino Inc. The firm reports beneficial ownership of 5,903,773 Ncino Ord Shs, representing 5.1% of the class as of 12/31/2025.

Of these shares, Kayne Anderson Rudnick reports 2,722,782 shares with sole voting power and 3,094,981 shares with shared voting power. It also reports 2,808,792 shares with sole dispositive power and 3,094,981 shares with shared dispositive power. The firm certifies the holdings are in the ordinary course of business and not for changing or influencing control of nCino.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 1)

nCino Inc

(Name of Issuer)

Ncino Ord Shs

(Title of Class of Securities)

63947X101

(CUSIP Number)

12/31/2025

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP No. 63947X101

1

Names of Reporting Persons

Kayne Anderson Rudnick Investment Management, LLC

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

CALIFORNIA

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 2,722,782.00
6	Shared Voting Power 3,094,981.00
7	Sole Dispositive Power 2,808,792.00
8	Shared Dispositive Power 3,094,981.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

5,903,773.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

5.1 %

12

Type of Reporting Person (See Instructions)

IA

SCHEDULE 13G

Item 1.
(a)	Name of issuer: nCino Inc
(b)	Address of issuer's principal executive offices: 6770 Parker Farm Drive, Suite 300, Wilmington, NC, 28405, US
Item 2.
(a)	Name of person filing: Kayne Anderson Rudnick Investment Management, LLC
(b)	Address or principal business office or, if none, residence: 2000 Avenue of the Stars, Suite 1110, Los Angeles, 90067, CA, United States
(c)	Citizenship: CALIFORNIA
(d)	Title of class of securities: Ncino Ord Shs
(e)	CUSIP No.: 63947X101
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 5,903,773
(b)	Percent of class: 5.1 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 2,722,782
	(ii) Shared power to vote or to direct the vote: 3,094,981
	(iii) Sole power to dispose or to direct the disposition of: 2,808,792
	(iv) Shared power to dispose or to direct the disposition of: 3,094,981
Item 5.	Ownership of 5 Percent or Less of a Class.
	Not Applicable
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Kayne Anderson Rudnick Investment Management, LLC

Signature:	/s/Michael Shoemaker
Name/Title:	Chief Compliance Officer
Date:	02/13/2026

FAQ

What ownership stake in nCino Inc (NCNO) does Kayne Anderson Rudnick report?

Kayne Anderson Rudnick reports beneficial ownership of 5,903,773 Ncino Ord Shs, representing 5.1% of nCino’s outstanding class. This stake crosses the 5% threshold that requires public disclosure on a Schedule 13G/A.

How much voting power does Kayne Anderson Rudnick have in nCino Inc (NCNO)?

Kayne Anderson Rudnick reports 2,722,782 nCino shares with sole voting power and 3,094,981 shares with shared voting power. Together, these positions underpin its disclosed 5.1% beneficial ownership stake in the company’s ordinary shares.

What does Schedule 13G/A say about Kayne Anderson Rudnick’s intent regarding nCino (NCNO)?

Kayne Anderson Rudnick certifies the nCino securities were acquired and are held in the ordinary course of business, not for the purpose of changing or influencing control of nCino, and not in connection with any transaction designed to achieve such control.

Who signed the nCino Inc (NCNO) Schedule 13G/A for Kayne Anderson Rudnick?

The filing is signed by Michael Shoemaker, identified as Chief Compliance Officer. The signature section certifies, after reasonable inquiry, that the information in the statement is true, complete and correct as of the reported date.

What are Kayne Anderson Rudnick’s dispositive powers over nCino Inc (NCNO) shares?

Kayne Anderson Rudnick reports 2,808,792 nCino shares with sole dispositive power and 3,094,981 shares with shared dispositive power. Dispositive power refers to the authority to sell or otherwise dispose of the securities held on behalf of clients or accounts.

Why did Kayne Anderson Rudnick file an amended Schedule 13G for nCino (NCNO)?

The document is labeled Amendment No. 1 to a Schedule 13G, reflecting updated information on Kayne Anderson Rudnick’s nCino holdings as of 12/31/2025. Maintaining accurate ownership disclosure is required once beneficial ownership exceeds the 5% reporting threshold.