nCino, Inc. Files Form 144 with the SEC – What You Need to Know
In a recent SEC filing, nCino, Inc. submitted a Form 144 indicating the intention to sell restricted stock. This filing is significant as it provides transparency to investors and the public about potential sales of restricted securities by company insiders or affiliates. Form 144 is typically filed when these individuals plan to sell their shares and serves as a notice of their intent to sell within a specified timeframe.
nCino, Inc. is a cloud-based financial services company that offers a range of solutions to the banking industry, including loan origination, customer relationship management, and business process management. Founded in 2012, nCino has quickly become a leader in digital banking technology, helping financial institutions streamline their operations and improve customer experiences. For more information about nCino, visit their official website at nCino.
Form 144 is a filing with the Securities and Exchange Commission (SEC) that must be submitted by company insiders or affiliates who plan to sell restricted stock. The form provides details about the securities being sold, the relationship of the seller to the company, and the intended method of sale. By requiring this disclosure, the SEC aims to ensure transparency and prevent insider trading.
Read More:
nCino, Inc. Files Form 144 with the SEC: What You Need to Know
