ServiceNow NOW insider trade: RSU vesting, tax withholding, share sale
Rhea-AI Filing Summary
ServiceNow, Inc. (NOW)$842.48 per share. On the same date, 63 shares were acquired at $0 upon the vesting and settlement of restricted stock units (RSUs), and 30 shares were withheld at $850.43 per share to cover federal and state tax obligations from that vesting. After these transactions, the officer directly held 5,087 shares of common stock and 565 RSUs. The transactions were carried out under a Rule 10b5-1 trading plan adopted on February 27, 2025, and the RSUs vest in 12 equal quarterly installments, with the first vesting on May 15, 2025.
Positive
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Negative
- None.
FAQ
What insider transaction did ServiceNow (NOW) report on this Form 4?
The filing reports that ServiceNow's Principal Accounting Officer executed several transactions on 11/14/2025, including a sale of common stock, a share acquisition from RSU vesting, and share withholding for taxes.
How many ServiceNow (NOW) shares were sold and at what price?
The officer sold 280 shares of ServiceNow common stock at a price of $842.48 per share.
How many ServiceNow (NOW) shares were acquired through RSU vesting?
The officer acquired 63 shares of ServiceNow common stock at $0 upon the vesting and settlement of restricted stock units.
Why were some ServiceNow (NOW) shares withheld in this Form 4?
30 shares were relinquished to the company in exchange for payment of the officer's federal and state tax withholding obligations arising from RSU vesting.
How many ServiceNow (NOW) shares and RSUs does the insider hold after the transactions?
Following the reported transactions, the officer directly held 5,087 shares of common stock and 565 restricted stock units.
Was the ServiceNow (NOW) insider trading under a Rule 10b5-1 plan?
Yes. The filing states the transactions were effected under a Rule 10b5-1 trading plan adopted by the reporting person on February 27, 2025.
What is the vesting schedule for the ServiceNow (NOW) RSUs in this filing?
The restricted stock units vest as to 1/12th of the total shares on a quarterly basis, with the first vesting occurring on May 15, 2025, subject to continued service.