secwatch.observer — SEC 8-K summary
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Issuer:     nCino, Inc. (NCNO)
CIK:        0001902733
Form:       8-K
Filed at:   2025-02-10T23:59:59+00:00
Accession:  0001902733-25-000014
Event type: leadership
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

nCino appoints HMI Capital CIO Justin Nyweide to board, enters cooperation agreement
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- Board increased from 9 to 10 directors; Nyweide appointed as Class II director and to Audit Committee.
- Nyweide is Founding Partner and CIO of HMI Capital, a large nCino shareholder.
- HMI agreed to standstill, vote in line with board recommendations (with limited exceptions), and non-disparagement.
- If Nyweide leaves before 2026, HMI can nominate Marco Hellman or a mutually acceptable candidate.
- Cooperation agreement terminates at later of Nyweide's departure or 30 days before 2026 advance notice deadline.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1902733/000190273325000014/0001902733-25-000014-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1902733/000190273325000014/ncno-20250209.htm
  HTML page:      https://secwatch.observer/filing/0001902733-25-000014

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