NOW Form 144 Filed for 1,698 Common Shares via Fidelity
Rhea-AI Filing Summary
ServiceNow (NOW) filed a Form 144 reporting a proposed sale of 1,698 shares of Common stock through Fidelity Brokerage Services, with an aggregate market value of $1,501,473.48. The filing lists the issuer's outstanding shares as 208,000,000 and an approximate sale date of 08/20/2025 on the NYSE. The shares reported for sale were acquired through multiple restricted stock vesting events between 05/15/2025 and 08/17/2025, with individual vesting lots of 110, 191, 63, 110, and 1,224 shares and payment characterized as compensation. The filer reports no securities sold in the past three months. The notice includes the standard representation that the seller is not aware of undisclosed material adverse information and a signature attestation requirement.
Positive
- Transparent disclosure of proposed sale amount, broker, and aggregate market value
- Provenance provided: shares acquired via restricted stock vesting and recorded as compensation
- No sales in past three months reported by the filer, indicating this is an isolated filing
- Filer attestation that no undisclosed material adverse information is known
Negative
- None.
Insights
TL;DR Small, disclosed insider sale via broker; routine issuance-to-sale reporting with negligible share dilution.
The filing documents a proposed resale of 1,698 common shares through Fidelity with an aggregate market value of $1,501,473.48 and an approximate sale date of 08/20/2025. The shares originated from recent restricted stock vesting events designated as compensation between 05/15/2025 and 08/17/2025. No sales by the filer in the past three months are reported. Given the issuer's stated outstanding share count of 208,000,000, the lot is immaterial to capitalization and does not indicate a larger pattern of sales in this filing.
TL;DR Disclosure aligns with Rule 144 and 10b5-1 attestation norms; filing provides required representations and vesting provenance.
The notice provides the required provenance of the securities (restricted stock vesting, compensation) and the seller's attestation regarding material nonpublic information and any trading plan adoption date fields. The filing names the executing broker and lists no prior three-month sales, supporting compliance with standard insider-sale disclosure processes. No material items suggesting governance or disclosure concerns are present within the form's content.