ServiceNow (NYSE: NOW) awards 3,260 RSUs to director
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Briggs Teresa reported acquisition or exercise transactions in this Form 4 filing.
ServiceNow, Inc. director Teresa Briggs received an equity award of 3,260 restricted stock units (RSUs), a form of stock-based compensation granted for no cash payment. Following this grant, she directly holds 12,605 shares of ServiceNow common stock.
The RSUs vest 100% on the earlier of May 21, 2027 or the company’s next annual stockholder meeting in 2027, at which time each unit is settled into one share of common stock. The filing also notes that on December 17, 2025, ServiceNow completed a 5-for-1 stock split, under which Briggs received four additional shares for each share held on that date.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Briggs Teresa
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 3,260 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 12,605 shares (Direct, null)
Footnotes (1)
- Represents an award of restricted stock units ("RSUs"). 100% of the RSUs vest on the earlier of May 21, 2027 and the date of the Issuer's next annual stockholder meeting in 2027. Each RSU represents a contingent right to receive one share of the Issuer's common stock upon settlement for no consideration. On December 17, 2025, the Issuer effected a 5-for-1 stock split of its common stock (the "Stock Split"), which resulted in the reporting person receiving four additional shares for each share of common stock of the Issuer held as of such date.
Key Figures
RSUs granted: 3,260 units
Holdings after grant: 12,605 shares
Vesting date: May 21, 2027
+3 more
6 metrics
RSUs granted
3,260 units
Award of restricted stock units to director on May 21, 2026
Holdings after grant
12,605 shares
Direct ServiceNow common stock held after RSU award
Vesting date
May 21, 2027
RSUs vest on earlier of this date or 2027 annual meeting
Stock split ratio
5-for-1
Common stock split effected on December 17, 2025
Additional shares per share in split
4 shares
Four additional shares received for each share held at split
RSU exercise price
$0.00 per share
RSUs settle into shares for no consideration
Key Terms
restricted stock units ("RSUs"), contingent right, Stock Split
3 terms
restricted stock units ("RSUs") financial
"Represents an award of restricted stock units ("RSUs"). 100% of the RSUs vest on the earlier of May 21, 2027..."
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
contingent right financial
"Each RSU represents a contingent right to receive one share of the Issuer's common stock upon settlement for no consideration."
Stock Split financial
"the Issuer effected a 5-for-1 stock split of its common stock (the "Stock Split"), which resulted in the reporting person receiving four additional shares..."
A stock split increases the number of a company's shares by dividing each existing share into multiple new shares while reducing the price per share by the same proportion, so an investor's total value and ownership percentage stay the same. It matters because lower per-share prices can make trading easier and attract more buyers, similar to breaking a large chocolate bar into smaller pieces to make it easier to share, which can boost liquidity and market interest.
FAQ
What did ServiceNow (NOW) director Teresa Briggs receive in this Form 4 filing?
Teresa Briggs received an award of 3,260 restricted stock units (RSUs) of ServiceNow common stock. These RSUs are a stock-based compensation grant, provided for no cash payment, and increase her direct holdings to 12,605 shares after the transaction.
When do Teresa Briggs’s 3,260 ServiceNow RSUs vest?
The 3,260 ServiceNow RSUs vest in full on the earlier of May 21, 2027 or the company’s next annual stockholder meeting in 2027. Once vested, each RSU converts into one share of ServiceNow common stock, delivered without additional consideration.
What does each ServiceNow (NOW) RSU granted to Teresa Briggs represent?
Each RSU granted to Teresa Briggs represents a contingent right to receive one share of ServiceNow common stock upon settlement. The units convert into shares at vesting, require no cash payment, and function as deferred stock-based compensation for her board service.
How did ServiceNow’s 5-for-1 stock split affect Teresa Briggs’s holdings?
ServiceNow effected a 5-for-1 stock split on December 17, 2025, giving Briggs four additional shares for each share held on that date. This corporate action increased her share count proportionally while keeping her overall economic ownership in the company unchanged.