ServiceNow (NOW) chief people officer converts RSUs, uses 386 shares for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ServiceNow Chief People & AI Enablement Officer Jacqueline P. Canney reported equity transactions involving restricted stock units and common shares of ServiceNow, Inc. (NOW). On February 12, 2026, 685 restricted stock units were converted into 685 shares of common stock at an exercise price of $0, increasing her direct holdings to 24,406 shares.
On the same date, 386 shares of common stock were relinquished at $103.29 per share to cover federal and state tax withholding obligations arising from the RSU vesting, as described in the footnotes. After these transactions, Canney directly owned 24,020 shares of ServiceNow common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
685 shares exercised/converted
Mixed
3 txns
Insider
Canney Jacqueline P
Role
Chief People & AI Enblmt. Off.
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 685 | $0.00 | -- |
| Exercise | Common Stock | 685 | $0.00 | -- |
| Tax Withholding | Common Stock | 386 | $103.29 | $40K |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct);
Common Stock — 24,406 shares (Direct)
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 vested as to 1/16th of the total shares quarterly, with the first vesting having occurred on May 12, 2022.
FAQ
What insider transaction did ServiceNow (NOW) report for Jacqueline P. Canney?
Jacqueline P. Canney reported the vesting and conversion of 685 restricted stock units into common stock. The transaction occurred on February 12, 2026 and increased her direct holdings before tax share relinquishment, as disclosed in the Form 4 filing.
What does the RSU conversion mean in the ServiceNow (NOW) Form 4 filing?
The RSU conversion means 685 restricted stock units were exercised into 685 ServiceNow common shares at an exercise price of $0. Each RSU represented a contingent right to receive one common share, vesting quarterly in sixteenth increments as described in the filing.
How do the restricted stock units for ServiceNow (NOW) vest for Jacqueline Canney?
The restricted stock units vest as to one-sixteenth of the total shares on a quarterly schedule. The first vesting occurred on May 12, 2022, and subsequent vesting events continue this pattern, leading to periodic share deliveries reported on Form 4.