nCino, Inc. 10-Q

Item 2. Unregistered Sales of Equity Securities and Use of Proceeds Sales of Unregistered Securities None. Issuer Purchases of Equity Securities The following table summarizes the stock repurchase activity for the three months ended April 30, 2026 (in thousands, except share and per share data): Total Number of Shares Purchased (1) Average Price Paid per Share (2) Total Number of Shares Purchased as Part of Publicly Announced Plans or Programs (1) Approximate Dollar Value that May Yet Be Purchased Under the Plans or Programs (1) February 1, 2026 to February 28, 2026 — $ — — $ 75,002 March 1, 2026 to March 31, 2026 — — — 75,002 April 1, 2026 to April 30, 2026 6,124,046 15.20 6,124,046 65,002 Total 6,124,046 6,124,046 (1) In December 2025, our Board of Directors authorized, and on December 8, 2025, the Company announced a stock repurchase program of up to $100.0 million of our outstanding common stock. In March 2026, our Board of Directors authorized, and on March 31, 2026, the Company entered into an ASR agreement with Wells Fargo Bank, N.A, for $100.0 million of our outstanding common stock. Upon payment of the aggregate purchase price of $100.0 million, we received initial delivery of 5,547,850 shares of our common stock at an initial price of $14.98 per share, representing approximately 80% of the aggregate purchase price. See Note 8 “Stockholders’ Equity and Stock-Based Compensation” of the notes to our unaudited condensed consolidated financial statements included in Part 1, Item 1 of this Quarterly Report on Form 10-Q for additional information. (2) The average price per share excludes transaction costs and excise tax associated with the repurchases. Item 3. Defaults Upon Senior Securities None. Item 4. Mine Safety Disclosures Not applicable. 40 Table of Contents