Jeanette Sellers - Apr 8, 2025 Form 4 Insider Report for nCino, Inc. (NCNO)

Signature
/s/ Jeanette Sellers
Stock symbol
NCNO
Transactions as of
Apr 8, 2025
Transactions value $
-$17,965
Form type
4
Date filed
4/10/2025, 04:17 PM
Previous filing
Apr 8, 2025
Next filing
May 5, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NCNO Common Stock Sale -$5.09K -228 -1.19% $22.31 18.9K Apr 8, 2025 Direct F1
transaction NCNO Common Stock Sale -$12.9K -583 -3.09% $22.09 18.3K Apr 9, 2025 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

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).

Explanation of Responses:

Id Content
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.
F2 These sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 6, 2024.