ServiceNow officer Amit Zavery reports RSU vesting and tax share sale
Rhea-AI Filing Summary
ServiceNow, Inc. (NOW) reported an insider equity transaction by its President, CPO and COO, Amit Zavery. On 11/14/2025, 628 shares of common stock were acquired at an exercise price of $0 upon the vesting and settlement of previously granted restricted stock units. On the same date, 338 shares were surrendered at a price of $850.43 to cover federal and state tax withholding obligations tied to this vesting. After these transactions, Zavery directly owned 8,724 shares of ServiceNow common stock and held 5,647 restricted stock units, each representing a right to receive one share. The restricted stock units vest as to 1/12th of the total shares quarterly, with the first vesting having occurred on May 15, 2025, contingent on continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 628 | $0.00 | -- |
| Exercise | Common Stock | 628 | $0.00 | -- |
| Tax Withholding | Common Stock | 338 | $850.43 | $287K |
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 Amit Zavery?
ServiceNow reported that its President, CPO and COO, Amit Zavery, had 628 restricted stock units settle into shares of common stock on 11/14/2025, with related tax withholding handled through share surrender.
How many restricted stock units does Amit Zavery still hold in ServiceNow (NOW)?
After the 628 restricted stock units vested and settled into shares, Amit Zavery beneficially owned 5,647 remaining restricted stock units in ServiceNow.
What are the vesting terms for Amit Zavery’s ServiceNow (NOW) restricted stock units?
The restricted stock units vest as to 1/12th of the total shares quarterly, with the first vesting on May 15, 2025, and are subject to Amit Zavery’s continued service to ServiceNow on each vesting date.
What position does the reporting person hold at ServiceNow (NOW)?
The reporting person, Amit Zavery, is an officer of ServiceNow, serving as President, CPO and COO.