[Form 4] ServiceNow, Inc. Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ServiceNow (NOW) reported insider activity by Chairman & CEO William R. McDermott on 11/07/2025. He acquired 1,753 shares of common stock at $0 upon RSU vesting (code M) and disposed of 943 shares at $861.87 to satisfy tax withholding (code F).
Following these transactions, McDermott beneficially owned 7,424 shares directly and 4,881 shares indirectly by trust. He also held 7,015 restricted stock units after the reported activity. Each RSU represents the right to receive one share upon vesting, with vesting described in the footnotes.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,753 shares exercised/converted
Mixed
4 txns
Insider
McDermott William R
Role
Chairman & CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 1,753 | $0.00 | -- |
| Exercise | Common Stock | 1,753 | $0.00 | -- |
| Tax Withholding | Common Stock | 943 | $861.87 | $813K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 7,015 shares (Direct);
Common Stock — 8,367 shares (Direct);
Common Stock — 4,881 shares (Indirect, by Trust)
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. Each restricted stock unit represents a contingent right to receive one share of Issuer's common stock. 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.
FAQ
What did ServiceNow (NOW) report in this Form 4?
Chairman & CEO William R. McDermott reported RSU vesting of 1,753 shares and a tax withholding sale of 943 shares at $861.87 on 11/07/2025.
What are William McDermott’s holdings after the transactions?
He held 7,424 shares directly and 4,881 shares indirectly by trust, plus 7,015 RSUs outstanding.
What does each RSU represent in the ServiceNow filing?
Each RSU represents a contingent right to receive one share of ServiceNow common stock upon vesting.
What vesting schedule applies to the reported RSUs?
Vesting occurred at 3.33% on May 7, 2024 and Aug 7, 2024, 3.34% on Nov 7, 2024, and the remaining 90% began vesting quarterly on Feb 7, 2025.
What were the SEC transaction codes used?
Code M for share acquisition via RSU vesting and code F for shares withheld/sold to cover taxes.