ServiceNow officer vests 485 RSUs, 168 for taxes
ServiceNow, Inc. (NOW) reported that Principal Accounting Officer Danielle Fontaine had 485 Restricted Stock Units vest on August 17, 2026, each converting into one share of common stock.
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Rhea-AI Filing Summary
ServiceNow, Inc. (NOW) reported that Principal Accounting Officer Danielle Fontaine had 485 Restricted Stock Units vest on August 17, 2026, each converting into one share of common stock. Of the resulting shares, 168 were withheld by the issuer at $117.70 per share to cover federal and state tax withholding obligations, in accordance with Rule 16b-3. After this vesting event, Fontaine holds 975 Restricted Stock Units directly, which continue to vest in 16 equal quarterly installments that began on May 17, 2023, subject to continued service.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F2, F3 | 485 | $0.00 | $0.00 |
| Exercise | Common Stock | 485 | $0.00 | $0.00 |
| Tax Withholding | Common Stock F1 | 168 | $117.70 | $20K |
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 in 16 equal quarterly installments, 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
Key Terms
Restricted Stock Units financial
Rule 16b-3 regulatory
contingent right financial
vesting financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider equity transaction did ServiceNow (NOW) disclose for Danielle Fontaine?
What RSU balance does Danielle Fontaine retain after this ServiceNow (NOW) transaction?
What is the vesting schedule of Danielle Fontaine’s RSUs at ServiceNow (NOW)?
Was the ServiceNow (NOW) insider transaction an open-market sale by Danielle Fontaine?
AI-generated analysis. How Rhea-AI works. Not financial advice.