nCino chief legal & admin officer sells $182,021 in shares
On November 3, 2026, nCino's Chief Legal & Admin Officer, April Rieger, sold 8,008 shares of the company's common stock. The total value of the sale amounted to $182,021, with each share priced at $22.73. The shares were sold to satisfy tax withholding obligations associated with the vesting of restricted stock units (RSUs), a mandatory requirement of nCino's equity incentive plans and not a discretionary trade by Ms. Rieger.
Currently, the stock is trading at $23.21, marking a 33% increase over the past six months. Following the sale, Rieger's ownership of nCino common stock is now valued at 361,643 shares. The company's valuation of $2.45 billion is deemed undervalued based on InvestingPro analysis, placing it among the stocks on the Most Undervalued list.
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