ServiceNow (NYSE: NOW) CFO holds 3,190 RSUs after August vesting
Rhea-AI Filing Summary
ServiceNow, Inc. (NOW) reported equity compensation activity for Gina Mastantuono, its President and CFO. On August 17, 2026, 1,595 Restricted Stock Units were converted into 1,595 shares of common stock, with the RSUs treated as disposed and the common stock acquired.
Of the vested shares, 858 common shares were relinquished at $117.70 per share to cover federal and state tax withholding obligations, as described under Rule 16b-3, leaving the remainder with the reporting person. After this vesting event, 3,190 RSUs remain outstanding, vesting in 1/16 increments quarterly, subject to continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 737 shares
Net Buy
3 txns
Insider
Mastantuono Gina
Role
President and CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F2, F3 | 1,595 | $0.00 | $0.00 |
| Exercise | Common Stock | 1,595 | $0.00 | $0.00 |
| Tax Withholding | Common Stock F1 | 858 | $117.70 | $101K |
Holdings After Transaction:
Restricted Stock Units — 3,190 shares (Direct);
Common Stock — 109,256.4656 shares (Direct)
Footnotes (3)
- 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 1/16th of the total shares quarterly, with the first vesting having occurred on May 17, 2023, and subject to the Reporting Person's continued service to the Issuer on each vesting date.
Key Figures
RSUs converted: 1,595 shares
Common shares acquired: 1,595 shares
Shares withheld for taxes: 858 shares
+4 more
7 metrics
RSUs converted
1,595 shares
Restricted Stock Units converted into common stock on August 17, 2026
Common shares acquired
1,595 shares
Common stock received upon RSU conversion on August 17, 2026
Shares withheld for taxes
858 shares
Common shares relinquished to cover tax withholding from RSU vesting
Tax withholding share value
$117.70 per share
Per-share value used for 858 shares delivered for tax obligations
RSUs remaining
3,190 units
Total Restricted Stock Units reported following the transaction
Vesting fraction
1/16 of total shares
Quarterly vesting rate for the Restricted Stock Units
First vesting date
May 17, 2023
Initial vesting date for the RSU award
Key Terms
Restricted Stock Units, Rule 16b-3, contingent right, tax withholding obligations
4 terms
Restricted Stock Units financial
"Represents shares relinquished by the Reporting Person in exchange for the Issuer's payment"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Rule 16b-3 regulatory
"resulting from the vesting of RSUs, in accordance with Rule 16b-3."
Rule 16b-3 is a Securities and Exchange Commission regulation that exempts certain routine, pre-approved transactions by company insiders from automatic liability for short-term trading profits. It acts like a safe harbor: if an insider follows a formal plan or the board approves specific transactions in advance, profits from buying and selling company stock within six months are not automatically reclaimed. Investors care because the rule clarifies when insider trades are permissible and reduces uncertainty about potential clawbacks.
contingent right financial
"Each restricted stock unit represents a contingent right to receive one share"
tax withholding obligations financial
"payment of federal and state tax withholding obligations of the Reporting Person"
FAQ
What insider equity transaction did ServiceNow (NOW) report for Gina Mastantuono on August 17, 2026?
ServiceNow reported that Gina Mastantuono had 1,595 RSUs convert into 1,595 shares of common stock on August 17, 2026. This was a scheduled equity compensation vesting rather than an open-market purchase or sale.
How many Restricted Stock Units does Gina Mastantuono still hold at ServiceNow (NOW)?
After the reported transaction, Gina Mastantuono holds 3,190 Restricted Stock Units. According to the disclosure, these RSUs vest as to 1/16 of the total shares quarterly, contingent on her continued service with ServiceNow.
What is the vesting schedule for Gina Mastantuono’s ServiceNow (NOW) RSUs?
Her Restricted Stock Units vest as to 1/16 of the total shares quarterly, with the first vesting occurring on May 17, 2023. Ongoing vesting remains subject to her continued service to ServiceNow on each vesting date.
Was the ServiceNow (NOW) Form 4 transaction for Gina Mastantuono under a Rule 10b5-1 plan?
The filing’s Rule 10b5-1 checkbox is not marked as affirmed. The transactions are described as RSU vesting and related tax-withholding share relinquishment, with no indication in this data that they occurred under a 10b5-1 trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
