ServiceNow (NOW) Special Counsel reports RSU vesting, tax withholding and post-split holdings
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ServiceNow (NOW) insider Russell S. Elmer reported equity award activity tied to restricted stock units (RSUs). On February 6, 2026, RSUs covering 9,470 and 2,075 shares of common stock were converted to shares at an exercise price of $0.
To cover federal and state tax withholding from these RSU vestings, Elmer had 3,357 and 1,029 shares of common stock withheld at a price of $100.74 per share, consistent with Rule 16b-3 treatment. After these transactions, he directly held 28,819 shares of common stock and 6,230 RSUs. All reported amounts reflect a 5‑for‑1 stock split that occurred on December 17, 2025. As of February 10, 2026, Elmer ceased to be a Section 16 officer but continues as an employee and Special Counsel.
Positive
- None.
Negative
- None.
Insider Trade Summary
11,545 shares exercised/converted
Mixed
6 txns
Insider
ELMER RUSSELL S
Role
Insider
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 9,470 | $0.00 | -- |
| Exercise | Restricted Stock Units | 2,075 | $0.00 | -- |
| Exercise | Common Stock | 9,470 | $0.00 | -- |
| Tax Withholding | Common Stock | 3,357 | $100.74 | $338K |
| Exercise | Common Stock | 2,075 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,029 | $100.74 | $104K |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct);
Common Stock — 31,130 shares (Direct)
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. 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. 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 vested on February 7, 2026. 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 15, 2024. Represents the first of two tranches; remaining tranches subject to Compensation Committee certification of future performance. 3.33% of the shares subject to the restricted stock units vested on each of May 7, 2024, and August 7, 2024, 3.34% of the shares subject to the restricted stock units vested on November 7, 2024, and the remaining 90% of the shares subject to the restricted stock units began vesting quarterly on February 7, 2025, and subject to the reporting person's continued service to the Issuer on each vesting date. The number of securities reported on this Form 4 have been adjusted to reflect the Stock Split.
FAQ
What insider transactions did Russell S. Elmer report at ServiceNow (NOW)?
Russell S. Elmer reported RSU vesting and related share activity. On February 6, 2026, 9,470 and 2,075 RSUs converted into common stock at $0 exercise price, with portions of the resulting shares withheld to satisfy tax obligations.
How many ServiceNow (NOW) RSUs vested for Russell S. Elmer on February 6, 2026?
RSUs covering 9,470 and 2,075 shares of ServiceNow common stock vested for Russell S. Elmer on February 6, 2026. These awards converted into common shares at no cost to him, reflecting equity compensation rather than an open-market purchase.
How were taxes handled on Russell S. Elmer’s RSU vesting at ServiceNow (NOW)?
Taxes were satisfied through share withholding. Elmer relinquished 3,357 and 1,029 ServiceNow common shares at $100.74 per share so the company could pay his federal and state tax withholding obligations arising from the RSU vesting, under Rule 16b-3.
What was the impact of ServiceNow’s 5-for-1 stock split on this Form 4?
ServiceNow’s 5-for-1 stock split on December 17, 2025 increased Elmer’s reported holdings. For each share previously held, he received four additional shares. All numbers in this Form 4, including RSUs and common stock, have been adjusted to reflect this stock split.
What is Russell S. Elmer’s role at ServiceNow (NOW) after February 10, 2026?
As of February 10, 2026, Russell S. Elmer ceased to be a Section 16 officer of ServiceNow. However, he continues serving as an employee of the company in the role of Special Counsel, according to the disclosure remarks in the Form 4 filing.