ServiceNow (NYSE: NOW) CFO granted 67,225 RSUs, covers tax with shares
Rhea-AI Filing Summary
ServiceNow President and CFO Gina Mastantuono reported multiple equity compensation transactions involving restricted stock units (RSUs) and common stock on February 17, 2026.
She received a grant of 67,225 RSUs, each representing one share of common stock. These RSUs vest in 12 equal quarterly installments starting on May 15, 2026, subject to continued service. Additional RSUs previously granted were exercised and converted into 1,595 and 44,407 shares of common stock.
To cover federal and state tax withholding obligations arising from RSU vesting, 858 and 23,869 shares of common stock were relinquished at a price of $105.91 per share, in transactions structured as share deliveries for tax payments rather than open-market sales. After these transactions, she directly owned 96,701 shares of ServiceNow common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 67,225 | $0.00 | -- |
| Exercise | Restricted Stock Units | 1,595 | $0.00 | -- |
| Exercise | Restricted Stock Units | 44,407 | $0.00 | -- |
| Exercise | Common Stock | 1,595 | $0.00 | -- |
| Tax Withholding | Common Stock | 858 | $105.91 | $91K |
| Exercise | Common Stock | 44,407 | $0.00 | -- |
| Tax Withholding | Common Stock | 23,869 | $105.91 | $2.53M |
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 will vest in 12 equal quarterly installments, with the first vesting occurring on May 15, 2026, and subject to the reporting person's continued service to the Issuer on each vesting date. The restricted stock units vest in 16 equal quarterly installments, with the first vesting having occurred on May 17, 2023, and subject to the reporting person's continued service to the Issuer on each vesting date. 30% of the shares subject to the restricted stock units vested on February 17, 2024, 15% of the shares subject to the restricted stock units vested on each of August 17, 2024 and February 17, 2025, 20% of the shares subject to the restricted stock units vested on August 17, 2025, and the final vest on February 17, 2026 of 20% of the shares subject to the restricted stock units was subject to adjustment based on the Issuer's 3-year relative total stockholder return performance against the S&P 500 index for the period from January 1, 2023 to December 31, 2025, subject to the reporting person's continued service to the Issuer on each vesting date. Acquired upon Compensation Committee certification on January 22, 2024, of achievement of performance criteria for the January 1, 2023 through December 31, 2023 performance period under performance-based restricted stock units granted February 15, 2023.