Vanguard realignment leads subsidiaries to report separately (NCNO)

Rhea-AI Filing Summary

nCino Inc Schedule 13G/A amendment reports that The Vanguard Group beneficially owns 0 shares of common stock, representing 0% of the class.

The filing states that on January 12, 2026 Vanguard completed an internal realignment and certain subsidiaries now report disaggregated ownership under SEC Release No. 34-39538; the filer attests no parent beneficial ownership over those subsidiary holdings. The report is signed on March 27, 2026.

Insights

Institutional Ownership Analyst

Vanguard disaggregated holdings; reported 0% ownership in NCNO.

The filing confirms The Vanguard Group reports no beneficial ownership of nCino common stock in this schedule, listing 0 shares and 0% ownership as of the amendment. It cites the January 12, 2026 internal realignment and reliance on SEC Release No. 34-39538 for separate subsidiary reporting.

Implications depend on subsidiary filings that may show underlying positions; subsequent filings by Vanguard entities would disclose any holdings. Cash‑flow treatment and specific subsidiary positions are not shown in this excerpt.

Corporate Governance Specialist

Administrative change clarifies reporting; does not indicate active trading.

The amendment is procedural, explaining that subsidiaries now report separately and that the parent no longer claims beneficial ownership of those subsidiary‑reported securities per the cited SEC release. The filing lists governance/ownership data and includes a signed certificate dated March 27, 2026.

Material investor impact depends on any separate schedules filed by Vanguard subsidiaries; this amendment itself contains no share purchases or dispositions.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Accepted by SEC EDGAR 03/27/2026 - 10:50 AM Learn about SEC filing dates

FAQ

What does Vanguard report for NCNO ownership in the Schedule 13G/A?

The filing states The Vanguard Group beneficially owns 0 shares, representing 0% of nCino common stock. The amendment documents disaggregated reporting after an internal realignment dated January 12, 2026.

Why did Vanguard change how it reports ownership for NCNO?

Vanguard explains an internal realignment on January 12, 2026 and relies on SEC Release No. 34-39538 to have subsidiaries report separately. The amendment states the parent no longer deems itself beneficial owner of those subsidiary holdings.

Does this amendment show any Vanguard purchases or sales of NCNO shares?

No. The Schedule 13G/A amendment lists 0 shares beneficially owned and does not report any purchases or sales in the provided excerpt. The filing is an ownership disclosure reflecting reporting changes.

Who signed the Schedule 13G/A amendment for Vanguard?

The amendment is signed by Ashley Grim, identified as Head of Global Fund Administration, with the signature date shown as March 27, 2026.

Should I expect other Vanguard entities to report NCNO holdings separately?

Possibly. The amendment states certain subsidiaries will report beneficial ownership separately under the cited SEC release; separate schedules from those subsidiaries would disclose any holdings if they exist.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 6)

nCino Inc

(Name of Issuer)

Common Stock

(Title of Class of Securities)

63947X101

(CUSIP Number)

03/13/2026

(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)

schemaVersion:

SCHEDULE 13G

CUSIP Number(s): 63947X101

1

Names of Reporting Persons

The Vanguard Group

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

PENNSYLVANIA

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

0.00

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)

0 %

12

Type of Reporting Person (See Instructions)

IA

Comment for Type of Reporting Person: On January 12, 2026, The Vanguard Group, Inc. went through an internal realignment. In accordance with SEC Release No. 34-39538 (January 12, 1998), certain subsidiaries or business divisions of subsidiaries of The Vanguard Group, Inc., that formerly had, or were deemed to have, beneficial ownership with The Vanguard Group, Inc., will report beneficial ownership separately (on a disaggregated basis) from The Vanguard Group, Inc. in reliance on such release. These subsidiaries and/or business divisions pursue the same investment strategies as previously pursued by The Vanguard Group, Inc. prior to the realignment. Further in accordance with SEC Release No. 34-39538 (January 12, 1998), The Vanguard Group, Inc. no longer has, or is deemed to have, beneficial ownership over securities beneficially owned by such subsidiaries and/or business divisions.

SCHEDULE 13G

Item 1.
(a)	Name of issuer: nCino Inc
(b)	Address of issuer's principal executive offices: 6770 Parker Farm Drive, Wilmington, NC, 28405
Item 2.
(a)	Name of person filing: The Vanguard Group
(b)	Address or principal business office or, if none, residence: 100 Vanguard Blvd.,, Malvern, PA, 19355
(c)	Citizenship: PA
(d)	Title of class of securities: Common Stock
(e)	CUSIP No.:
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: 0
(b)	Percent of class: 0 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 0
	(ii) Shared power to vote or to direct the vote: 0
	(iii) Sole power to dispose or to direct the disposition of: 0
	(iv) Shared power to dispose or to direct the disposition of: 0
Item 5.	Ownership of 5 Percent or Less of a Class.
	Ownership of 5 percent or less of a class
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required. The Vanguard Group, including investment companies registered under the Investment Company Act of 1940 and other managed accounts, have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the securities reported herein.No one other person's interest in the securities reported herein is more than 5%.
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.

The Vanguard Group

Signature:	Ashley Grim
Name/Title:	Head of Global Fund Administration
Date:	03/27/2026