Form 4: nCino Director William J. Ruh Sells 5,000 Shares

Director William J. Ruh sold 5,000 shares of nCino, Inc. (NCNO) common stock at an average price of $35.1568 on April 9, 2024.

Summary

• On April 9, 2024, William J. Ruh, a director of nCino, Inc., sold 5,000 shares of common stock.
• The shares were sold at a weighted average price of $35.1568, with individual prices ranging from $35.08 to $35.21.
• Following the transaction, Ruh directly owns 23,666 shares and indirectly owns 246,201 shares through the William J. Ruh Trust, U/T/A, for which he is the sole trustee.

Sentiment

Score: 5

Explanation: This is a neutral event. It's a routine disclosure of a stock sale by a company director. The size of the sale is not significant enough to indicate a strong positive or negative sentiment.

Industry Context

This is a standard Form 4 filing, indicating a change in beneficial ownership by a company insider. Such filings are common and provide transparency into the trading activities of company executives and directors.

Stakeholder Impact

• The sale of shares by a director could have a minor impact on shareholder confidence, but the relatively small number of shares sold is unlikely to cause significant concern.

Key Dates