secwatch.observer — SEC 8-K summary
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Issuer:     nCino, Inc. (NCNO)
CIK:        0001902733
Form:       8-K/A
Filed at:   2023-01-24T23:59:59+00:00
Accession:  0001902733-23-000006
Event type: leadership
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

nCino CFO David Rudow terminated without cause; separation benefits detailed in agreement
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- David Rudow’s employment terminated without cause effective Jan 31, 2023; entered separation agreement Jan 19.
- Separation benefits: lump sum of 6 months base salary ($192,600) plus target annual incentive ($269,640).
- COBRA coverage for up to six months and outplacement services provided.
- Equity awards vesting accelerated for awards through Aug 1, 2023; others continue vesting through Nov 1.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1902733/000190273323000006/0001902733-23-000006-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1902733/000190273323000006/ncno-20230117.htm
  HTML page:      https://secwatch.observer/filing/0001902733-23-000006

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer