ServiceNow (NOW) accounting officer sells 1,400 shares under 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ServiceNow Principal Accounting Officer Kevin Thomas McBride reported an open-market sale of 1,400 shares of ServiceNow common stock on February 13, 2026 at an average price of $105.71 per share. After this transaction, he directly owned 26,314 ServiceNow shares.
The filing notes that this sale was executed under a pre-established Rule 10b5-1 trading plan adopted on February 27, 2025, which is designed to allow insiders to sell shares according to a preset schedule.
Positive
- None.
Negative
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Insider Trade Summary
Net Seller: 1,400 shares ($147,994)
Net Sell
1 txn
Insider
McBride Kevin Thomas
Role
Principal Accounting Officer
Sold
1,400 shs ($148K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1,400 | $105.71 | $148K |
Holdings After Transaction:
Common Stock — 26,314 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did ServiceNow (NOW) report for Kevin Thomas McBride?
ServiceNow reported that Principal Accounting Officer Kevin Thomas McBride sold 1,400 shares of common stock. The sale occurred on February 13, 2026, in an open-market transaction at an average price of $105.71 per share, as disclosed in the Form 4 filing.
Was the ServiceNow (NOW) insider sale under a Rule 10b5-1 trading plan?
Yes. The Form 4 states the transactions were effected under a Rule 10b5-1 trading plan adopted on February 27, 2025. Such plans allow insiders to prearrange trades, helping separate personal transactions from day-to-day corporate information.
What is the role of Kevin Thomas McBride at ServiceNow (NOW)?
Kevin Thomas McBride serves as ServiceNow’s Principal Accounting Officer. His position and relationship to the issuer are identified in the Form 4, which also confirms he is an officer but not a director or 10% beneficial owner of the company.
What transaction code was used for the ServiceNow (NOW) insider sale?
The transaction used code “S,” which indicates a sale in an open-market or private transaction. The Form 4 clarifies this as an open-market sale of 1,400 ServiceNow common shares on February 13, 2026, at an average price of $105.71.