ServiceNow (NYSE: NOW) grants performance-based RSUs to accounting chief
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ServiceNow, Inc. principal accounting officer Kevin Thomas McBride reported awards of restricted stock units tied to company performance. On February 9, 2026, he acquired 3,284 RSUs from a February 15, 2023 grant and 6,605 RSUs from a February 18, 2025 grant, both at $0 per unit.
Each RSU represents the right to receive one share of common stock. The newly acquired 2025 performance-based RSUs vest in stages between February 15, 2026 and February 15, 2028, subject to continued service and achievement of specified performance criteria.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
McBride Kevin Thomas
Role
Principal Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 3,284 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 6,605 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 6,569 shares (Direct)
Footnotes (1)
- Each restricted stock unit represents a contingent right to receive one share of Issuer's common stock. Additional shares scheduled to vest on February 17, 2026, pursuant to the terms of the performance-based restricted stock units ("RSUs") granted February 15, 2023, based on the Issuer's total shareholder return relative to the S&P 500 for the three years ended December 31, 2025, as determined by the Compensation Committee on February 9, 2026. Acquired upon achievement of certain performance criteria pursuant to the performance-based RSUs granted February 18, 2025, as determined by the Compensation Committee on February 9, 2026. Shares subject to the RSUs will vest as follows: 33.33% on February 15, 2026, 16.66% on August 15, 2026, 16.67% on February 15, 2027, 16.67% on August 15, 2027, and 16.67% on February 15, 2028, provided the reporting person is employed by or is providing services to the Issuer on each applicable vesting date.
FAQ
What insider transaction did ServiceNow (NOW) report for Kevin Thomas McBride?
ServiceNow reported that principal accounting officer Kevin Thomas McBride received two awards of restricted stock units. He acquired 3,284 RSUs from a 2023 grant and 6,605 RSUs from a 2025 performance-based grant, both effective February 9, 2026 at a price of $0 per unit.
How many ServiceNow (NOW) restricted stock units were granted on February 9, 2026?
On February 9, 2026, Kevin Thomas McBride was credited with 3,284 restricted stock units and 6,605 additional performance-based restricted stock units. Each RSU represents a contingent right to receive one share of ServiceNow common stock, subject to vesting and performance conditions described in the awards.
What performance conditions apply to Kevin McBride’s ServiceNow (NOW) RSUs?
Some RSUs depend on ServiceNow’s total shareholder return versus the S&P 500 over three years ending December 31, 2025. Others were acquired upon achievement of specified performance criteria under a February 18, 2025 grant, as determined by the Compensation Committee on February 9, 2026.
What is the vesting schedule for the 2025 performance-based RSUs at ServiceNow (NOW)?
The 2025 performance-based RSUs vest in five tranches: 33.33% on February 15, 2026; 16.66% on August 15, 2026; 16.67% on February 15, 2027; 16.67% on August 15, 2027; and 16.67% on February 15, 2028, subject to continued service.
What does each ServiceNow (NOW) restricted stock unit represent in this Form 4?
Each restricted stock unit represents a contingent right to receive one share of ServiceNow common stock. Delivery of shares occurs only if the vesting and, where applicable, performance conditions are satisfied, and the reporting person remains employed or providing services on each vesting date.
What role does the Compensation Committee play in these ServiceNow (NOW) RSUs?
The Compensation Committee determined performance outcomes for the RSUs on February 9, 2026. For the 2023 and 2025 performance-based grants, the number of RSUs credited depended on criteria such as total shareholder return and other performance measures evaluated by the committee.