Form 4: nCino Director Steven A. Collins Sells 6,688 Shares
SEC Form 4 Filing
Director Steven A. Collins of nCino, Inc. sold 6,688 shares of common stock at a weighted average price of $35.7018 on December 13, 2024.
Summary
- Steven A. Collins, a director at nCino, Inc., sold 6,688 shares of the company's common stock on December 13, 2024.
- The sale was executed at a weighted average price of $35.7018 per share.
- The shares were sold in multiple transactions with prices ranging from $35.61 to $36.39.
- Following the transaction, Collins directly owns 60,102 shares of nCino stock.
Sentiment
Score: 5
Explanation: The document is a neutral report of a stock sale by a director, which is a common occurrence. It doesn't inherently indicate positive or negative sentiment.
Industry Context
This is a routine Form 4 filing, which is common for corporate insiders who trade company stock. It provides transparency into the trading activities of company directors.
Comparison to Industry Standards
- Form 4 filings are standard practice for publicly traded companies in the US, ensuring transparency of insider trading.
- The sale by Steven A. Collins is similar to other insider transactions reported by directors and officers of comparable companies.
Stakeholder Impact
- The sale of shares by a director may have a minor impact on shareholder sentiment, but is generally considered a normal part of market activity.
Key Dates
| Date | Description |
|---|---|
| 12/13/2024 | Date of the stock sale transaction. |
| 12/17/2024 | Date the Form 4 was signed. |
Keywords
nCino, stock sale, insider trading, Steven A. Collins, director, NCNO
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