NCNO: Officer and director Sean Desmond proposes to sell 29,247 nCino shares
Officer and director Desmond Sean proposes to sell 29,247 shares worth about $665K, largely tax-related on vested RSUs, from 11/03/2026.
What this filing says
A Form 144 is a notice that an insider plans to sell company stock. Here, nCino officer and director Sean Desmond gives notice of a proposed sale of 29,247 common shares, with an approximate sale date of November 3, 2026, through Fidelity Brokerage Services. The shares came from a restricted stock vesting on November 2, 2026, and the filing says part of the sale covers a tax obligation from that settlement. A proposed sale is not a completed one, so the notice alone does not show how much stock was actually sold.
Key figures
- Shares proposed for sale
- 29,247 shares
- Aggregate market value
- $664,775.54
- Shares outstanding
- 105,736,174 shares
Positive for shareholders
- The shares were acquired through a compensation award, which is a common way insiders are paid.
- The filing states that part of the sale covers a tax obligation, not only a discretionary sale.
Negative for shareholders
- Desmond has sold stock in each of the past few months, with the largest sale of 43,992 shares on October 9, 2026.
Written by Quantisnow AI from this filing. Not financial advice.
Key terms
- Form 144:
- A notice filed with the SEC before an insider sells restricted or control stock, stating the planned sale size and timing.
- Restricted stock vesting:
- The point at which shares granted as pay become fully owned by the employee after meeting conditions such as a period of service.
- Attorney-in-fact:
- A person authorized to sign documents on another's behalf, here a Fidelity representative signing for Desmond.
FAQ
How many nCino shares does Sean Desmond propose to sell?
The filing lists 29,247 common shares, with an aggregate market value of $664,775.54, to be sold around November 3, 2026.
Where did the shares to be sold come from?
The filing says they were acquired on November 2, 2026 through a restricted stock vesting from the issuer, classified as compensation.
Historical context for NCNO
Across the 27 sessions after earlier NCNO headlines, the stock closed higher 19 times and lower 8 times, with a median move of 2.9% in either direction. This shows timing only: many things move a stock in a session, and these figures do not show that any headline caused a move.
| Session | Earlier headline | NCNO | SPY |
|---|---|---|---|
| Oct 16, 2026 | Stephens resumed coverage on nCino with a new price target | -2.9% | -1.1% |
| Oct 12, 2026 | nCino Brings AI-Powered Guidance and Automation Together in Loan Officer Productivity Suite for Mortgage | -1.0% | -0.1% |
| Sep 3, 2026 | nCino to Participate in Upcoming Investor Event | +2.9% | +1.0% |
| Aug 26, 2026 | nCino Reports Second Quarter Fiscal Year 2027 Financial Results | +3.4% | +0.0% |
| Aug 24, 2026 | Piper Sandler resumed coverage on nCino with a new price target | +1.6% | -0.3% |
| Aug 14, 2026 | nCino Announces Timing of its Second Quarter Fiscal Year 2027 Financial Results Conference Call | +0.7% | -0.2% |
- Market cap
- 30-day
- Sector
- Technology
- Industry
- Computer Software: Prepackaged Software
- Listed since
- 2020
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