ServiceNow exec Zavery nets 65,744 shares in Form 4
ServiceNow President, CPO and COO Amit Zavery reported RSU vesting and related tax share surrenders.
Rhea-AI Filing Summary
ServiceNow President, CPO and COO Amit Zavery reported RSU vesting and related tax share surrenders. On February 6, 2026, 31,089 and 9,985 restricted stock units converted into common stock at an exercise price of $0. To cover federal and state tax withholding, 13,999 and 4,951 shares were relinquished at $100.74 per share.
After these transactions, Zavery beneficially owned 65,744 shares of ServiceNow common stock. The filing notes a 5-for-1 stock split on December 17, 2025 and explains that 100% of one RSU grant vested on February 7, 2026 following achievement of performance criteria for the 2024–2025 period.
Positive
- None.
Negative
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 31,089 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 9,985 | $0.00 | $0.00 |
| Exercise | Common Stock | 31,089 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 13,999 | $100.74 | $1.41M |
| Exercise | Common Stock | 9,985 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 4,951 | $100.74 | $499K |
Footnotes (7)
- 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. On December 17, 2025, the Issuer effected a 5-for-1 stock split of its common stock (the "Stock Split"), which resulted in the reporting person receiving four additional shares for each share of common stock of the Issuer held as of such date.
- F3. Each restricted stock unit represents a contingent right to receive one share of Issuer's common stock.
- F4. 100% of the shares subject to the restricted stock units vested on February 7, 2026.
- F5. 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 November 15, 2024.
- F6. 16.75% of the shares subject to the restricted stock units vested on each of February 7, 2025, May 7, 2025, August 7, 2025, and November 7, 2025, and the remaining 33% of the shares subject to the restricted stock units began vesting quarterly on February 7, 2026, and subject to the reporting person's continued service to the Issuer on each vesting date.
- F7. The number of securities reported on this Form 4 have been adjusted to reflect the Stock Split.
FAQ
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What did ServiceNow (NOW) executive Amit Zavery report in this Form 4?
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How did ServiceNows stock split affect Amit Zaverys Form 4 numbers?
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