nCino (NCNO) Chief Legal Officer April Rieger Sells 8,078 Shares

What Happened

• April Rieger, nCino's Chief Legal & Administrative Officer and corporate secretary, sold 8,078 shares on Feb 3, 2026 at $18.68 per share, generating roughly $150,913. This was a sale (not a purchase) reported on Form 4.

Key Details

• Transaction date and price: 2026-02-03 at $18.68 per share
• Shares sold: 8,078; proceeds reported as $150,913
• Transaction type: Sale (open market or private sale per filing)
• Shares owned after transaction: Not disclosed in this filing
• Footnote: The sale was a "sale to cover" tax withholding due upon vesting of RSUs and was mandated by nCino’s equity plans (not a discretionary trade by the reporting person)
• Filing timeliness: No late-filing indicator provided in the reported details

Context

• "Sales to cover" are routine administrative transactions used to satisfy tax withholding on vested restricted stock units; they generally do not signal insider sentiment about the company.