nCino's CFO Still Holds $13 Million in Stock After Selling. Here's How to Read It

nCino's CFO Gregory Orenstein sold 11,780 shares ($226,412) on August 4 to cover tax withholding obligations from restricted stock unit vesting. He retains 690,513 shares valued at $13.47 million, representing 98% of his direct holdings. The non-discretionary sale does not reflect his outlook on the stock. Despite the stock being down 30% over the past year, nCino's fundamentals remain strong with 11% revenue growth, doubled net income, and robust free cash flow generation.