William J. Ruh - 06 Nov 2024 Form 4 Insider Report for nCino, Inc. (NCNO)

Role
Director
Signature
/s/ Jeanette Sellers, Attorney-in-fact for William J. Ruh
Issuer symbol
NCNO
Transactions as of
06 Nov 2024
Net transactions value
-$800,000
Form type
4
Filing time
08 Nov 2024, 16:49:27 UTC
Previous filing
23 Oct 2024
Next filing
16 Apr 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NCNO Common Stock Sale $800,000 -20,000 -8.8% $40.00 206,201 06 Nov 2024 By William J. Ruh Trust, U/T/A F1, F2
holding NCNO Common Stock 29,540 06 Nov 2024 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 These sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on January 16, 2024.
F2 These Shares are held directly by the William J. Ruh Trust, U/T/A, for which the reporting person is sole trustee.