ServiceNow insider RSU vesting leaves GC with 4,442 NOW shares
Rhea-AI Filing Summary
ServiceNow, Inc. (NOW) reported insider equity activity by its General Counsel, Russell S. Elmer. On 11/14/2025, 239 restricted stock units were converted to common stock at an exercise price of $0, increasing his directly held common shares. On the same date, 129 shares were relinquished at a price of $850.43 to cover federal and state tax withholding from the RSU vesting. After these transactions, Elmer directly owned 4,442 shares of ServiceNow common stock and held 2,146 restricted stock units. The RSUs vest as to 1/12 of the total shares quarterly, with the first vesting having occurred on May 15, 2025, contingent on his continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 239 | $0.00 | -- |
| Exercise | Common Stock | 239 | $0.00 | -- |
| Tax Withholding | Common Stock | 129 | $850.43 | $110K |
Footnotes (1)
- 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. Each restricted stock unit represents a contingent right to receive one share of Issuer's common stock. 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.
FAQ
What insider transaction did ServiceNow (NOW) report for its General Counsel?
ServiceNow reported that its General Counsel, Russell S. Elmer, had 239 restricted stock units convert into common stock on 11/14/2025, and he relinquished 129 shares to cover tax withholding from this vesting.
How many restricted stock units (RSUs) does the ServiceNow (NOW) insider still hold?
Following the 11/14/2025 activity, Russell S. Elmer beneficially owned 2,146 restricted stock units, each representing a right to receive one share of ServiceNow common stock.
What is the vesting schedule for the reported ServiceNow (NOW) restricted stock units?
The restricted stock units vest as to 1/12 of the total shares on a quarterly basis, with the first vesting having occurred on May 15, 2025, subject to the reporting person’s continued service to ServiceNow on each vesting date.
What transaction codes were used in the ServiceNow (NOW) Form 4 filing?
The filing shows code M for the conversion of 239 restricted stock units into common stock and code F for the disposition of 129 shares to cover tax withholding obligations.