Kettell Keith 4

What Happened

• Keith Kettell, Chief Revenue Officer of nCino (NCNO), reported an award of 228,832 restricted stock units (RSUs) on 2026-05-01. The grant is reported at $0.00 per share (typical for RSU compensation) and is recorded as an acquisition (code A) on the Form 4.

Key Details

• Transaction date: 2026-05-01; Form 4 filed: 2026-05-05 (filed within the standard two business-day window).
• Price: $0.00 per share as reported (RSU grant, not a cash purchase).
• Shares reported acquired: 228,832 RSUs.
• Shares owned after transaction: not specified in this filing.
• Vesting: 25% cliff after one year, then quarterly vesting at 6.25% each quarter thereafter, subject to continued employment (per footnote).
• No 10b5-1 plan, tax-withholding sale, or late-filing indication noted in the filing.

Context

• This was a compensation grant of RSUs (not an open-market purchase or sale). RSUs convert to actual shares only as they vest, so the award does not immediately change his taxable or tradable share position. Such grants are common for executive compensation and should be interpreted as a remuneration event rather than a direct market sentiment signal.