William J. Ruh - Aug 23, 2024 Form 4 Insider Report for nCino, Inc. (NCNO)

Role
Director
Signature
/s/ Jeanette Sellers, Attorney-in-fact for William J. Ruh
Stock symbol
NCNO
Transactions as of
Aug 23, 2024
Transactions value $
-$350,000
Form type
4
Date filed
8/26/2024, 04:42 PM
Previous filing
Jun 24, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NCNO Common Stock Sale -$350K -10K -4.06% $35.00 236K Aug 23, 2024 By William J. Ruh Trust, U/T/A F1, F2
holding NCNO Common Stock 29.5K Aug 23, 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.