nCino chief legal & admin officer sells $182,021 in shares

Investing.com · 2026-11-06 04:01 UTC

nCino chief legal & admin officer sells $182,021 in shares

April Rieger, nCino, Inc.’s (NASDAQ:NCNO) Chief Legal & Admin Officer, sold 8,008 shares of common stock on November 3, 2026. The transaction totaled $182,021, with shares sold at a price of $22.73 each.

The sale was conducted to cover tax withholding obligations associated with the vesting of restricted stock units (RSUs). These "sales to cover" are a mandated part of the issuer’s equity incentive plans and do not represent a discretionary trade by Ms. Rieger. The stock currently trades at $23.21, up 33% over the past six months.

Following this transaction, Ms. Rieger beneficially owns 361,643 shares of nCino common stock. The company, valued at $2.45 billion, appears undervalued according to InvestingPro analysis, placing it among stocks on the Most Undervalued list. Investors seeking deeper insights can access nCino’s comprehensive Pro Research Report, one of 1,400+ available on InvestingPro.

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