Naude Pierre 4

What Happened

• Naude Pierre, a director of nCino, Inc. (NCNO), was granted 12,911 restricted stock units (RSUs) on June 18, 2026. The award was reported as an acquisition at $0.00 per share (typical for RSU grants); no cash changed hands in this reporting event.

Key Details

• Transaction date: 2026-06-18; Form 4 filed: 2026-06-23.
• Award: 12,911 RSUs; reported acquisition price: $0.00.
• Shares owned after transaction: Not reported in this filing.
• Footnote: RSUs vest in full on the earlier of June 18, 2027 or the date of the next annual meeting, subject to continued service; they also vest fully upon a change in control (see footnote F1).
• Filing timeliness: The Form 4 was filed five days after the transaction. Form 4s are generally required within two business days of the transaction, so this filing appears later than the standard window.

Context

• RSU grants are awards that convert to shares upon vesting; they are not an immediate purchase or sale and do not indicate an immediate cash investment or disposition.
• Because the grant vests over time (or on a change in control), these units represent future compensation contingent on continued service or a corporate transaction, not an immediate change in voting power or share count.