ServiceNow’s McDermott adds 600 shares via RSU; 7,701 held directly
Rhea-AI Filing Summary
ServiceNow (NOW) Chairman & CEO William R. McDermott reported routine equity transactions tied to restricted stock units (RSUs). On 11/12/2025, 600 shares of common stock were acquired at $0 upon RSU vesting (code M). To cover taxes, 323 shares were relinquished at $864.04 (code F) pursuant to Rule 16b-3.
Following these transactions, he held 7,701 shares directly and 4,881 shares indirectly via a trust. Derivative holdings reflected 601 RSUs remaining. The RSUs vest as to 1/16th of the total shares quarterly, with the first vesting on May 12, 2022, subject to continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 277 shares
Net Buy
4 txns
Insider
McDermott William R
Role
Chairman & CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 600 | $0.00 | $0.00 |
| Exercise | Common Stock | 600 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 323 | $864.04 | $279K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 601 shares (Direct);
Common Stock — 7,701 shares (Direct);
Common Stock — 4,881 shares (Indirect, by Trust)
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 12, 2022, and subject to the continued service of the Reporting Person on each vesting date.
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FAQ
What did ServiceNow (NOW) report for William R. McDermott?
He reported RSU-related transactions: 600 shares acquired at $0 from vesting and 323 shares withheld at $864.04 for taxes.
What RSU vesting schedule applies to McDermott’s awards at ServiceNow (NOW)?
RSUs vest as to 1/16th of the total shares quarterly, with the first vesting on May 12, 2022, subject to continued service.
How many RSUs remain for William R. McDermott at ServiceNow (NOW)?
Derivative holdings show 601 RSUs remaining after the reported transactions.
What do Form 4 transaction codes M and F indicate here for ServiceNow (NOW)?
Code M reflects acquisition upon RSU vesting; code F reflects share surrender to cover tax withholding.