ServiceNow officer gains 7,652 RSU shares, 3,057 for tax
ServiceNow, Inc. (NOW) reported that officer Paul Fipps had 7,652 shares of common stock acquired on August 14, 2026 through the vesting and settlement of restricted stock units, each RSU converting into one share.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
ServiceNow, Inc. (NOW) reported that officer Paul Fipps had 7,652 shares of common stock acquired on August 14, 2026 through the vesting and settlement of restricted stock units, each RSU converting into one share. To cover associated federal and state tax withholding obligations, 3,057 shares of common stock were relinquished back to the issuer at $124.00 per share, in accordance with Rule 16b-3. The activity reflects compensation-related RSU vesting and related tax withholding rather than open‑market buying or selling.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F2, F3 | 940 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units F2, F4 | 1,110 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units F2, F5 | 5,602 | $0.00 | $0.00 |
| Exercise | Common Stock | 940 | $0.00 | $0.00 |
| Tax Withholding | Common Stock F1 | 376 | $124.00 | $47K |
| Exercise | Common Stock | 1,110 | $0.00 | $0.00 |
| Tax Withholding | Common Stock F1 | 444 | $124.00 | $55K |
| Exercise | Common Stock | 5,602 | $0.00 | $0.00 |
| Tax Withholding | Common Stock F1 | 2,237 | $124.00 | $277K |
Footnotes (5)
- F1. Represents shares relinquished by the Reporting Person in exchange for the Issuer's payment of federal and state tax withholding obligations of the Reporting Person resulting from the vesting of RSUs, in accordance with Rule 16b-3.
- F2. Each restricted stock unit represents a contingent right to receive one share of Issuer's common stock.
- F3. The restricted stock units vest as to 1/12th of the total shares quarterly, with the first vesting having occurred on May 15, 2025, and subject to the Reporting Person's continued service to the Issuer on each vesting date.
- F4. The restricted stock units vest as to 1/12th of the total shares quarterly, with the first vesting having occurred on August 15, 2025, and subject to the Reporting Person's continued service to the Issuer on each vesting date.
- F5. The restricted stock units vest in 12 equal quarterly installments, with the first vesting having occurred on May 15, 2026, and subject to the Reporting Person's continued service to the Issuer on each vesting date.
Key Figures
Key Terms
Restricted Stock Units financial
Rule 16b-3 regulatory
contingent right financial
tax withholding obligations financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did ServiceNow (NOW) disclose about Paul Fipps’ stock transactions on August 14, 2026?
Were Paul Fipps’ ServiceNow (NOW) transactions open-market buys or sells?
What are the key vesting terms of Paul Fipps’ ServiceNow (NOW) RSUs?
AI-generated analysis. How Rhea-AI works. Not financial advice.