nCino, Inc.: CEO Desmond Sean sold 43,992 shares

What happened

• Desmond Sean, CEO and president and a director, exercised options for 43,992 shares at $4.98 per share (cost $219,080) and sold 43,992 shares in an open-market sale at $19.90 per share for $875,441 on Oct 9, 2026. The filing also lists a related derivative entry showing 43,992 shares disposed at $0.00.

Key details

• Transaction date: Oct 9, 2026. Exercise price: $4.98 per share (Acquired 43,992 shares for $219,080). Sale price: $19.90 per share (Disposed 43,992 shares for $875,441). Derivative disposal: 43,992 shares at $0.00.
• Shares owned after the transaction: not stated in the filing.
• Footnotes: F1 — these exercises and sales were effected pursuant to a Rule 10b5-1 trading plan adopted Jan 6, 2026. F2 — the option is currently exercisable.
• Filing date: Oct 14, 2026; the filing does not indicate it was filed late.

Why it may matter

• The filing shows the options were exercised and the resulting shares were sold the same day (exercise followed by sale), indicating a cashless exercise structure in practice.
• The filing does not show why the insider traded or why the company acted.