ServiceNow executive granted new performance RSUs
ServiceNow executive Paul Fipps, President, Global Customer Ops, reported new equity awards in the form of restricted stock units.
Rhea-AI Filing Summary
ServiceNow executive Paul Fipps, President, Global Customer Ops, reported new equity awards in the form of restricted stock units. On February 3, 2026, he acquired 5,799 RSUs from a February 18, 2025 grant and 6,821 RSUs from a May 15, 2025 grant, each representing the right to receive one share of common stock.
All shares subject to these RSUs are scheduled to vest on February 15, 2026, provided he continues serving the company through that date. The awards follow Compensation Committee certification of performance goals for the January 1, 2024 through December 31, 2025 period and represent the first of three tranches under their respective performance-based grants.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 5,799 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Units | 6,821 | $0.00 | $0.00 |
Footnotes (4)
- F1. Each restricted stock unit represents a contingent right to receive one share of Issuer's common stock.
- F2. 100% of the shares subject to the restricted stock units will vest on February 15, 2026, subject to the reporting person's continued service to the Issuer on such vesting date.
- F3. Acquired upon Compensation Committee certification on February 3, 2026, of achievement of performance criteria for the January 1, 2024 through December 31, 2025 performance period under performance-based restricted stock units granted February 18, 2025. Represents the first of three tranches; remaining tranches subject to Compensation Committee certification of future performance.
- F4. Acquired upon Compensation Committee certification on February 3, 2026, of achievement of performance criteria for the January 1, 2024 through December 31, 2025 performance period under performance-based restricted stock units granted May 15, 2025. Represents the first of three tranches; remaining tranches subject to Compensation Committee certification of future performance.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What does the latest Form 4 for ServiceNow (NOW) report for Paul Fipps?
How many restricted stock units did Paul Fipps receive in the ServiceNow (NOW) filing?
When do Paul Fipps’ new ServiceNow (NOW) RSUs vest?
What performance period is linked to the new ServiceNow (NOW) RSU awards for Paul Fipps?
Are these ServiceNow (NOW) RSU awards for Paul Fipps part of larger performance grants?
Does Paul Fipps directly own the restricted stock units reported for ServiceNow (NOW)?
AI-generated analysis. How Rhea-AI works. Not financial advice.