nCino, Inc. CEO and President Sean Desmond filed a Form 4 with the SEC on October 27, 2026, reporting the exercise of stock options and acquisition of common stock on October 23, 2026.

Key Highlights

  • Reporting person: Sean Desmond, CEO and President of nCino, Inc. (NASDAQ:NCNO)
  • Transaction date: October 23, 2026
  • Shares acquired: 59,320 shares of common stock via transaction code M (exercise of derivative security)
  • Exercise price: $4.98 per share
  • Resulting direct ownership: 1,290,400 shares of common stock following the transaction
  • Remaining options: 60,852 derivative securities (stock options) beneficially owned following the transaction
  • Filing signed by: Jeanette Sellers, attorney-in-fact for Sean Desmond

Desmond's October 2026 Option Exercise and Beneficial Ownership at nCino

According to the filing, Sean Desmond, who serves as both Director and CEO and President of nCino, Inc., reported a single transaction on October 23, 2026. The transaction, coded "M," reflects the exercise of a stock option to acquire 59,320 shares of common stock at a price of $4.98 per share. Following this transaction, the filing reports that Desmond directly and beneficially owns 1,290,400 shares of nCino common stock.

The filing also discloses activity in Table II, covering derivative securities. Specifically, a stock option with an exercise price of $4.98 and an expiration date of February 1, 2027, was the source of the 59,320 shares exercised. The filing notes in its explanation of responses that "this option is currently exercisable." The price of the derivative security at the time of exercise is listed as $0. After the transaction, the filing states that Desmond retains 60,852 stock options beneficially owned directly.

The Form 4 was filed on October 27, 2026, and signed by Jeanette Sellers as attorney-in-fact for Sean Desmond. No indirect ownership or joint filing arrangement was indicated. The filing does not indicate whether a Rule 10b5-1 trading plan was in place for this transaction, as the corresponding checkbox was not selected.

What Was Disclosed

Sean Desmond, CEO and President of nCino, Inc. (NASDAQ:NCNO), disclosed the exercise of 59,320 stock options at $4.98 per share on October 23, 2026, resulting in direct beneficial ownership of 1,290,400 common shares and 60,852 remaining stock options.