The proposed sale is small relative to market cap and follows a pattern of routine insider selling after equity vesting. No material bearish signal — monitor for any acceleration in insider selling ahead of next earnings.
Price Chart
Executive Summary
Sean Desmond, an officer and director of nCino, filed a Form 144 on May 5, 2026, indicating intent to sell 16,589 shares of common stock valued at approximately $299,266. The shares to be sold were acquired through restricted stock vesting and option exercises, and the filing follows recent insider sales by Desmond totaling over $757,000 in the prior month.
Key Facts
- Sean Desmond (officer and director) filed Form 144 to sell 16,589 shares
- Estimated aggregate value of proposed sale: $299,265.56
- Shares acquired via restricted stock vesting (8,524 shares on 5/1/2026) and option exercise (8,065 shares on 5/5/2026)
- Desmond has sold 43,260 shares in three prior transactions since April 2, 2026, totaling ~$757,343
- Total shares outstanding: ~114.5 million; proposed sale represents ~0.014% of shares outstanding
- Market cap: $2.0B; proposed sale value is ~0.015% of market cap
Financial Impact
Proposed sale of ~$299K in shares, representing a small fraction of both the insider's likely holdings and the company's $2.0B market cap
Risk Factors
- Insider selling pattern may increase if stock price appreciates further
- No material risk to fundamentals from this filing alone
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 3 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 144 Filing (Primary) | 0001959173-26-003262 |
| Document: 0001959173-26-003262-index.html | 0001959173-26-003262 |
| Document: 0001959173-26-003262.txt | 0001959173-26-003262 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 9, 2026 18d ago | 144 | $19.73 | awaiting T+60 | — | $22.92 (+16.17%) |
Oct 5, 2026 22d ago | 144 | $19.28 | awaiting T+60 | — | $22.92 (+18.88%) |
Sep 8, 2026 7w ago | Insider Cluster | $21.73 | awaiting T+60 | — | $22.92 (+5.48%) |
Sep 3, 2026 7w ago | 144 | $23.63 | awaiting T+60 | — | $22.92 (−3.00%) |
Aug 25, 2026 9w ago | Press Release | $21.51 | awaiting T+60 | — | $22.92 (+6.56%) |
Aug 6, 2026 11w ago | Insider Cluster | $19.17 | awaiting T+60 | — | $22.92 (+19.56%) |
Aug 6, 2026 11w ago | Insider Cluster | $19.17 | awaiting T+60 | — | $22.92 (+19.56%) |
Aug 5, 2026 11w ago | 144 | $19.23 | awaiting T+60 | — | $22.92 (+19.19%) |
Aug 5, 2026 11w ago | 144 | $19.23 | awaiting T+60 | — | $22.92 (+19.19%) |
Aug 4, 2026 12w ago | 144 | $19.23 | awaiting T+60 | — | $22.92 (+19.19%) |
US Market Status
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