ServiceNow (NOW) details fresh RSU awards for President Paul Fipps
Filing Impact
Filing Sentiment
Form Type
4
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.
Positive
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Negative
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Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Fipps Paul
Role
President, Global Customer Ops
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 5,799 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 6,821 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 5,799 shares (Direct)
Footnotes (1)
- Each restricted stock unit represents a contingent right to receive one share of Issuer's common stock. 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. 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. 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
What does the latest Form 4 for ServiceNow (NOW) report for Paul Fipps?
The Form 4 reports that executive Paul Fipps acquired new restricted stock units (RSUs) in ServiceNow on February 3, 2026, following Compensation Committee certification of performance goals for the 2024-2025 performance period under prior performance-based grants.
How many restricted stock units did Paul Fipps receive in the ServiceNow (NOW) filing?
Paul Fipps received two RSU awards: one for 5,799 restricted stock units and another for 6,821 restricted stock units. Each RSU represents a contingent right to receive one share of ServiceNow common stock, subject to vesting conditions tied to service.
When do Paul Fipps’ new ServiceNow (NOW) RSUs vest?
According to the filing, 100% of the shares subject to these restricted stock units will vest on February 15, 2026. Vesting is conditioned on Paul Fipps’ continued service with ServiceNow through that vesting date, as specified in the award terms.
What performance period is linked to the new ServiceNow (NOW) RSU awards for Paul Fipps?
The RSUs were acquired after certification of performance criteria for the period from January 1, 2024 through December 31, 2025. The Compensation Committee certified achievement of these performance goals on February 3, 2026, triggering the RSU acquisitions.
Are these ServiceNow (NOW) RSU awards for Paul Fipps part of larger performance grants?
Yes. Each RSU acquisition represents the first of three tranches under separate performance-based restricted stock unit grants dated February 18, 2025 and May 15, 2025. Remaining tranches depend on future Compensation Committee certification of performance.
Does Paul Fipps directly own the restricted stock units reported for ServiceNow (NOW)?
The filing lists the new restricted stock units as held with direct (D) ownership by Paul Fipps. There are no footnotes indicating that these RSUs are held through another entity or that he disclaims beneficial ownership of the reported awards.