Form 4: Insight Holdings Group Sells nCino Shares at $31.51

Insight Holdings Group, along with affiliated entities, sold shares of nCino, Inc. at a price of $31.507 per share on June 12, 2024.

Summary

• On June 12, 2024, Insight Holdings Group and related entities disposed of nCino, Inc. common stock.
• The sales were executed at a price of $31.507 per share.
• The transactions involved multiple entities including Insight SN Holdings, LLC, Insight Venture Partners (Cayman) X, L.P., Insight Venture Partners (Delaware) X, L.P., and Insight SN Holdings 2, LLC.
• The weighted average price for the shares sold ranged from $31.400 to $32.000.
• Following the reported transactions, the entities continue to hold a significant number of nCino shares indirectly.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting a stock sale. It doesn't inherently convey positive or negative sentiment, but rather provides factual information about the transaction.

Industry Context

This filing reflects ongoing transactions by major shareholders in publicly traded companies, which is a common occurrence. The sale by Insight Holdings Group could be part of a broader portfolio management strategy.

Stakeholder Impact

• The sale of shares by a major holder like Insight Holdings Group could potentially influence investor sentiment and the stock price of nCino.

Key Dates