ServiceNow executive exercises 10,320 RSUs into shares
ServiceNow President, CPO and COO Amit Zavery reported routine equity compensation activity tied to restricted stock unit vesting.
Rhea-AI Filing Summary
ServiceNow President, CPO and COO Amit Zavery reported routine equity compensation activity tied to restricted stock unit vesting. On May 15, 2026, he exercised RSUs into 10,320 shares of common stock, while 5,548 shares were surrendered at $95.07 per share to cover federal and state tax withholding obligations. The footnotes explain that each RSU converts into one share of common stock and that the RSUs vest in equal quarterly installments, conditioned on his continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 3,140 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 7,180 | $0.00 | $0.00 |
| Exercise | Common Stock | 3,140 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 1,688 | $95.07 | $160K |
| Exercise | Common Stock | 7,180 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 3,860 | $95.07 | $367K |
Footnotes (4)
- F1. 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.
- F2. Each restricted stock unit represents a contingent right to receive one share of Issuer's common stock.
- F3. 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.
- F4. The restricted stock units vest in 12 equal quarterly installments, with the first vesting having occurred on May 15, 2026, and subject to the reporting person's continued service to the Issuer on each vesting date.
Key Figures
Key Terms
Restricted Stock Units financial
Rule 16b-3 regulatory
tax withholding obligations financial
contingent right financial
FAQ
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What insider transactions did ServiceNow (NOW) executive Amit Zavery report?
How do Amit Zavery’s ServiceNow (NOW) RSUs vest over time?
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