Form 4: nCino CEO Sells Shares
Insider Transaction (Form 4)
Sean Desmond, CEO & President and a Director of nCino, Inc., sold 40,490 shares of common stock on August 4, 2026.
Summary
- Open-market sale: disposed of 28,675 Common Stock at $19.22 ($551,076) on August 4, 2026; holds 1,234,831 after (Direct).
- Option exercise/conversion: acquired 8,064 Common Stock at $4.98 ($40,159) on August 5, 2026; holds 1,242,895 after (Direct).
- Open-market sale: disposed of 11,815 Common Stock at $19.53 ($230,747) on August 5, 2026; holds 1,231,080 after (Direct).
- Option exercise/conversion: disposed of 8,064 Stock Option (Right to Buy) on August 5, 2026; holds 180,292 after (Direct).
Sentiment
Score: 4
Explanation: StockSavvy.ai views this as a mildly negative but low-conviction signal: an insider sold $781,823 of stock under a pre-arranged Rule 10b5-1 plan, which is typically routine.
Insider Transactions
Sean Desmond — Director, Officer (CEO & President)
Transaction made under a Rule 10b5-1 trading plan.
| Date | Transaction | Security | Shares | Price | Value | Held After |
|---|---|---|---|---|---|---|
| 2026-08-04 | Open-market sale | Common Stock | 28,675 | $19 | $551.1K | 1,234,831 |
| 2026-08-05 | Option exercise/conversion | Common Stock | 8,064 | $5 | $40.2K | 1,242,895 |
| 2026-08-05 | Open-market sale | Common Stock | 11,815 | $20 | $230.7K | 1,231,080 |
| 2026-08-05 | Option exercise/conversion | Stock Option (Right to Buy) | 8,064 | — | — | 180,292 |
Key Dates
| Date | Description |
|---|---|
| 2026-08-04 | Open-market sale (28,675 shares) |
| 2026-08-05 | Option exercise/conversion (8,064 shares) |
| 2026-08-05 | Open-market sale (11,815 shares) |
| 2026-08-05 | Option exercise/conversion (8,064 shares) |
Keywords
insider transaction, Form 4, NCNO, nCino, Inc., bearish, Sean Desmond
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.