Form 4: nCino CFO Gregory Orenstein Reports Stock Transactions
SEC Filing
Gregory Orenstein, CFO & Treasurer of nCino, Inc., reports the acquisition and disposal of common stock and restricted stock units.
Summary
- Gregory Orenstein, the CFO & Treasurer of nCino, Inc., filed a Form 4 with the SEC.
- The report details transactions involving nCino's common stock and restricted stock units (RSUs).
- On April 1, 2024, Orenstein acquired 80,256 shares of common stock at $0 and disposed of 297,656 shares.
- The acquired RSUs vest in four equal annual installments starting on April 1, 2025, contingent upon continued employment.
Sentiment
Score: 5
Explanation: This is a routine filing; the sentiment is neutral as it simply reports transactions.
Future Outlook
The acquired RSUs vest in the future, contingent on continued employment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.
Stakeholder Impact
- Shareholders may be interested in the trading activity of company insiders.
Key Dates
| Date | Description |
|---|---|
| 04/01/2024 | Date of common stock acquisition and disposal. |
| 04/01/2025 | First vesting date for the acquired restricted stock units. |
| 04/03/2024 | Date of signature for the report. |
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