ServiceNow (NOW) executive reports RSU vesting and tax share withholding
Rhea-AI Filing Summary
ServiceNow, Inc. President, Global Customer Ops Paul Fipps reported routine equity compensation activity tied to restricted stock units (RSUs). On February 13, 2026, RSUs covering 945 and 1,110 shares were exercised, converting into the same number of common shares at a price of $0.00 per share. To cover federal and state tax withholding from these vestings, 378 and 444 common shares were automatically relinquished at $107.08 per share, as a tax-withholding disposition under Rule 16b-3. Following these transactions, Fipps directly held about 7,274.88 shares of ServiceNow common stock. Footnotes indicate the RSUs each represent one share of common stock and vest in quarterly installments of 1/12 of the total award, with first vesting dates on May 15, 2025 and August 15, 2025, subject to continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 945 | $0.00 | -- |
| Exercise | Restricted Stock Units | 1,110 | $0.00 | -- |
| Exercise | Common Stock | 945 | $0.00 | -- |
| Tax Withholding | Common Stock | 378 | $107.08 | $40K |
| Exercise | Common Stock | 1,110 | $0.00 | -- |
| Tax Withholding | Common Stock | 444 | $107.08 | $48K |
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. The restricted stock units vest as to 1/12th of the total shares quarterly, with the first vesting having occurred on August 15, 2025, and subject to the Reporting Person's continued service to the Issuer on each vesting date.