ServiceNow (NYSE: NOW) CFO receives 39,155 performance-based options
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ServiceNow, Inc. President and CFO Gina Mastantuono received an employee stock option grant covering 39,155 shares of common stock at an exercise price of $655.94 per share. The option, which expires on December 13, 2031, is part of a previously disclosed Performance Stock Option with multiple tranches.
For Tranche Six, the subscription revenue goal was certified as achieved on April 29, 2026, but these shares will vest only if the applicable stock price metric is later certified and she remains employed on the vesting date. As of April 29, 2026, 156,620 options from this award are fully vested and exercisable.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Mastantuono Gina
Role
President and CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Employee Stock Option (Right to Buy) | 39,155 | $655.94 | $25.68M |
Holdings After Transaction:
Employee Stock Option (Right to Buy) — 234,930 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Option grant size: 39,155 options
Exercise price: $655.94 per share
Expiration date: December 13, 2031
+3 more
6 metrics
Option grant size
39,155 options
Employee Stock Option grant to President and CFO
Exercise price
$655.94 per share
Conversion or exercise price for granted options
Expiration date
December 13, 2031
Option expiration for Performance Stock Option
Total options after grant
234,930 options
Total derivative holdings following transaction
Vested options
156,620 options
Fully vested and exercisable as of April 29, 2026
Performance period end
September 30, 2026
End of performance period for the PSO
Key Terms
Performance Stock Option, tranches, subscription revenue metric, stock price metric, +1 more
5 terms
Performance Stock Option financial
"on December 13, 2021, a Performance Stock Option ("PSO") was granted"
tranches financial
"there are eight separate tranches to the PSO"
Tranches are portions or slices of a larger financing deal—such as a loan, bond issue, or equity round—that are released at different times or under different conditions. For investors they matter because each tranche can carry different risk, interest or payout terms and may be paid only if certain targets are met; think of funding as slices of a cake handed out as progress is made.
subscription revenue metric financial
"certified achievement of the subscription revenue metric for Tranche Six"
stock price metric financial
"only if: (i) achievement of the applicable stock price metric is certified"
Compensation Committee financial
"the Issuer's Compensation Committee certified achievement of the subscription revenue metric"
A compensation committee is a group within a company's leadership responsible for setting and reviewing how much top executives and employees are paid, including salaries, bonuses, and benefits. It matters to investors because fair and effective pay decisions can influence a company's performance, leadership motivation, and overall governance, helping ensure that the company’s management is aligned with shareholders’ interests.
FAQ
What did ServiceNow (NOW) disclose about Gina Mastantuono’s new options?
ServiceNow reported that President and CFO Gina Mastantuono received an employee stock option grant for 39,155 shares of common stock at $655.94 per share. The grant is part of a larger performance-based option award with multiple tranches and specific vesting conditions.
How is Tranche Six of Gina Mastantuono’s Performance Stock Option structured at ServiceNow (NOW)?
Tranche Six of Gina Mastantuono’s Performance Stock Option can vest only if both a subscription revenue metric and a stock price performance metric are achieved, along with service requirements. As of April 29, 2026, the subscription revenue metric for this tranche has been certified as achieved.
Have the Tranche Six options for ServiceNow (NOW) CFO vested yet?
The Tranche Six options have not yet vested. They may vest only if the applicable stock price metric is certified and Gina Mastantuono remains an employee of ServiceNow on the vesting date, despite the revenue metric already being achieved.
How many options from the Performance Stock Option are already vested for ServiceNow (NOW) CFO?
As of April 29, 2026, 156,620 options from Gina Mastantuono’s Performance Stock Option grant are fully vested and remain exercisable. This figure reflects portions of the multi-tranche award that have already satisfied their performance and service-based vesting conditions.