nCino (NCNO) Director Andrew Yasutake Receives RSU Award

What Happened
Andrew Yasutake, a director of nCino, was granted 12,911 restricted stock units (RSUs) on June 18, 2026. The Form 4 reports the acquisition at $0.00 per share (award/grant), which reflects a compensation award rather than an open-market purchase or sale.

Key Details

• Transaction date: 2026-06-18; Filing date: 2026-06-23 (Form 4 appears filed one business day late; due by 2026-06-22).
• Transaction type/code: A (award/grant).
• Shares awarded: 12,911 RSUs; reported price: $0.00.
• Shares owned after transaction: not specified in the filing.
• 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 vest fully upon a change in control.

Context
RSUs are restricted awards that convert to shares only upon vesting and are commonly used as compensation. This grant is a routine compensation event and does not indicate an open-market buy or sell by the insider. The accelerated vesting on a change in control is a common provision intended to protect the holder if the company is acquired.