ServiceNow (NOW) HR chief settles 2,630 RSUs, withholds 1,343 shares for taxes
Rhea-AI Filing Summary
ServiceNow, Inc. officer Jacqueline P. Canney reported the vesting and settlement of 2,630 Restricted Stock Units into an equal number of shares of common stock on August 7, 2026. In connection with this vesting, 1,343 shares of common stock were withheld at $124.88 per share to satisfy tax withholding obligations. Following the RSU conversion, Canney held 2,635 Restricted Stock Units directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 1,287 shares
Net Buy
3 txns
Insider
Canney Jacqueline P
Role
Chief People & AI Enblmt. Off.
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F2, F3 | 2,630 | $0.00 | $0.00 |
| Exercise | Common Stock | 2,630 | $0.00 | $0.00 |
| Tax Withholding | Common Stock F1 | 1,343 | $124.88 | $168K |
Holdings After Transaction:
Restricted Stock Units — 2,635 shares (Direct);
Common Stock — 34,941 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. 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.
Key Figures
RSUs converted: 2,630 units
Shares withheld for taxes: 1,343 shares
Withholding price: $124.88 per share
+1 more
4 metrics
RSUs converted
2,630 units
Restricted Stock Units settled into common stock on August 7, 2026
Shares withheld for taxes
1,343 shares
Common stock relinquished to satisfy tax withholding on RSU vesting
Withholding price
$124.88 per share
Price used for 1,343 shares withheld for tax obligations
RSUs remaining
2,635 units
Restricted Stock Units directly held after the August 7, 2026 conversion
Key Terms
Restricted Stock Units, contingent right, Rule 16b-3, 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.
contingent right financial
"Each restricted stock unit represents a contingent right to receive one share..."
Rule 16b-3 regulatory
"in exchange for the Issuer's payment of federal and state tax withholding... 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.
tax withholding obligations financial
"payment of federal and state tax withholding obligations of the Reporting Person..."
FAQ
What insider transactions did ServiceNow (NOW) report for Jacqueline P. Canney?
Jacqueline P. Canney reported the vesting and conversion of 2,630 RSUs into common stock and the withholding of 1,343 shares at $124.88 per share to cover tax obligations arising from the vesting event.
How many ServiceNow (NOW) Restricted Stock Units vested for Jacqueline P. Canney?
On August 7, 2026, 2,630 Restricted Stock Units vested for Jacqueline P. Canney, each representing a contingent right to receive one share of ServiceNow common stock, resulting in the issuance of 2,630 shares of common stock.
What RSU holdings does Jacqueline P. Canney report after these ServiceNow (NOW) transactions?
After the August 7, 2026 RSU conversion, Jacqueline P. Canney reported holding 2,635 Restricted Stock Units directly, representing a continuing contingent right to receive the same number of ServiceNow common shares upon future vesting.
How do the ServiceNow (NOW) RSUs for Jacqueline P. Canney vest over time?
The RSUs vest 3.33% on May 7, 2024 and August 7, 2024, 3.34% on November 7, 2024, and the remaining 90% vests quarterly starting February 7, 2025, subject to continued service with ServiceNow.
AI-generated analysis. How Rhea-AI works. Not financial advice.
