Form 4: nCino CRO Keith Kettell Receives 228,832 RSU Grant

nCino Chief Revenue Officer Keith Kettell was granted 228,832 restricted stock units as part of an equity compensation package.

Summary

• Chief Revenue Officer Keith Kettell acquired 228,832 restricted stock units (RSUs) of nCino, Inc. common stock.
• The transaction occurred on May 1, 2026, at a price of $0 per share, representing an equity grant.
• The RSUs are subject to a vesting schedule requiring continued employment.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a routine administrative filing regarding executive compensation, which is neutral in terms of immediate market impact.

Positives

• Alignment of executive interests with long-term shareholder value through equity-based compensation.

Negatives

• Potential for future shareholder dilution upon the vesting and settlement of these restricted stock units.

Risks

• Vesting is contingent upon the reporting person's continued employment with the company.

Future Outlook

The RSUs will vest over a four-year period, with 25% cliff vesting after one year and the remainder vesting quarterly at a rate of 6.25% thereafter, contingent on continued employment.

Industry Context

StockSavvy.ai notes that equity grants for C-suite executives are standard practice in the SaaS industry to incentivize long-term retention and performance alignment.

Comparison to Industry Standards

• The vesting schedule of 25% cliff after one year followed by quarterly vesting is consistent with standard equity compensation structures for executive leadership in technology firms.

Stakeholder Impact

• Existing shareholders may experience minor dilution when these units vest and are converted into common stock.

Next Steps

• Vesting of the first 25% of the RSU grant on May 1, 2027, subject to continued employment.

Key Dates

Keywords

nCino, NCNO, Form 4, Insider Trading, Equity Compensation, Restricted Stock Units