Rieger April 4
4 · nCino, Inc. · Filed Apr 3, 2026
Research Summary
AI-generated summary of this filing
nCino (NCNO) Chief Legal Officer April Rieger Sells 5,747 Shares
What Happened
- April Rieger, Chief Legal & Administrative Officer and Secretary of nCino (NCNO), sold 5,747 shares in an open-market/plan-directed transaction on 2026-04-02 at $16.75 per share, totaling $96,285. The filing lists the transaction as a sale (code S).
Key Details
- Transaction date and price: 2026-04-02 at $16.75 per share.
- Shares sold / value: 5,747 shares for $96,285.
- Filing date: Form 4 filed 2026-04-03 (appears timely).
- Shares owned after transaction: Not specified in the filing.
- Footnote: The sale was a "sale to cover" for tax withholding upon RSU vesting (Footnote F1). This type of sale is mandated by the issuer's equity plan to satisfy taxes and is not a discretionary trade by the insider.
Context
- "Sale to cover" transactions are routine administrative sales to meet tax obligations when restricted stock units vest; they generally do not signal a change in the insider's view of the company. Purchases by insiders tend to be more informative about insider sentiment than mandatory tax-withholding sales.
Insider Transaction Report
Form 4
nCino, Inc.NCNO
Rieger April
Chief Lgl. & Admin Ofc., Sec
Transactions
- Sale
Common Stock
[F1]2026-04-02$16.75/sh−5,747$96,285→ 215,949 total
Footnotes (1)
- [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.
Signature
/s/ Jeanette Sellers, Attorney-in-Fact for April Rieger|2026-04-03