RUH WILLIAM J 4

What Happened William J. Ruh, a director of nCino, was granted 12,911 restricted stock units (RSUs) on June 18, 2026. The award was reported as an acquisition (code A) at $0.00 per share (no cash exchanged). These RSUs represent a future right to receive common stock if and when they vest.

Key Details

• Transaction date: 2026-06-18; Form 4 filed: 2026-06-23.
• Price: $0.00 per RSU; amount granted: 12,911 RSUs.
• Shares after transaction: the 12,911 RSUs are held directly by the William J. Ruh Trust (he is sole trustee); total beneficial ownership beyond this award is not stated on the Form 4.
• Footnote F1: RSUs vest in full on the earlier of June 18, 2027 or the date of the next annual meeting, subject to continued service; they vest in full upon a change in control.
• Footnote F2: The shares are held directly by the William J. Ruh Trust, U/T/A, for which Ruh is sole trustee.
• Filing timeliness: The Form 4 was filed five days after the transaction date; under Section 16 rules insiders generally must file within two business days, so this filing appears later than standard.

Context RSU grants are a common form of director compensation and are not an open-market purchase or sale — they signal a right to future shares if vesting conditions are met, not an immediate investment decision. The award’s vesting upon a change in control is typical and can accelerate delivery of shares if the company is acquired.