nCino (NCNO) Director Justin Nyweide Receives RSU Award — 12,911 Shares

What Happened

• Justin C. Nyweide, a director of nCino, Inc. (NCNO), was granted 12,911 restricted stock units (RSUs) on June 18, 2026. The grant is recorded at $0.00 per share (typical for RSU awards), so no cash was paid by the insider. These RSUs convert to shares only upon vesting.

Key Details

• Transaction date: 2026-06-18 (reported on Form 4 filed 2026-06-23).
• Transaction type/code: Award/Grant (A); 12,911 RSUs granted at $0.00 per share.
• Shares owned after transaction: Not specified in the filing.
• Vesting terms (footnote): RSUs vest in full on the earlier of June 18, 2027 and the date of the next annual meeting, subject to continued service; they also vest in full upon a change in control.
• Filing timing: The Form 4 was filed 5 calendar days after the grant (June 23), which appears to miss the SEC’s usual two-business-day filing window for Form 4s.

Context

• This was an equity award (compensation), not an open-market purchase or sale. RSU awards are commonly used for director/executive compensation and only become actual shares if/when they vest, so they do not represent an immediate cash investment or sale by the insider.