ServiceNow (NOW) Form 4: PAO vests 532 RSUs; 254 withheld
ServiceNow (NOW) reported insider equity activity by its Principal Accounting Officer.
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Rhea-AI Filing Summary
ServiceNow (NOW) reported insider equity activity by its Principal Accounting Officer. On 11/07/2025, 532 shares of common stock were acquired at $0 upon RSU vesting (198 and 334), and 254 shares (95 and 159) were withheld to cover taxes at $861.87 per share. Following these transactions, direct beneficial ownership stood at 5,334 shares.
The filing notes the tax-withholding mechanism under Rule 16b-3 and outlines the RSU schedules: one grant vests 1/16th quarterly (first vest on May 7, 2024), and another vested 29.17% on February 7, 2023, with equal quarterly installments over three years thereafter.
Insights
Routine RSU vesting with tax withholding; neutral impact.
The officer converted RSUs into 532 common shares at $0 and had 254 shares withheld for taxes at $861.87, a standard net-settlement method under equity plans. The ending direct holding is 5,334 shares after the transactions.
The schedules indicate ongoing quarterly vesting from two grants, one beginning after May 7, 2024 and another with an initial 29.17% vest on February 7, 2023. Actual market impact depends on personal transactions; this disclosure primarily records equity compensation mechanics.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 198 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 334 | $0.00 | $0.00 |
| Exercise | Common Stock | 198 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 95 | $861.87 | $82K |
| Exercise | Common Stock | 334 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 159 | $861.87 | $137K |
Footnotes (4)
- 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 1/16th of the total shares quarterly, with the first vesting having occurred on May 7, 2024, and subject to the Reporting Person's continued service to the Issuer on each vesting date.
- F4. The restricted stock units vested as to 29.17% of the total shares on February 7, 2023, and thereafter shall vest in equal quarterly installments over the next three (3) years (with the final vest prorated), and subject to the continued service of the Reporting Person on each vesting date.
FAQ
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What did ServiceNow (NOW) disclose in this Form 4?
What were the RSU vesting amounts on the transaction date?
What is the reporting person’s role at ServiceNow (NOW)?
What are the RSU vesting schedules mentioned?
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