ServiceNow CFO vests 7,957 RSUs; 4,278 for tax
ServiceNow, Inc. (NOW) reported insider equity transactions by President and CFO Gina Mastantuono on August 14, 2026.
Rhea-AI Filing Summary
ServiceNow, Inc. (NOW) reported insider equity transactions by President and CFO Gina Mastantuono on August 14, 2026. She exercised or converted restricted stock units into a total of 7,957 shares of common stock. In connection with the RSU vesting, 4,278 common shares were relinquished to ServiceNow at $124.00 per share to satisfy federal and state tax withholding obligations, as described under Rule 16b-3. The remaining shares from the RSU vesting were retained, and no open-market purchases or sales were reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
7,957 shares exercised/converted
Exercise
6 txns
Insider
Mastantuono Gina
Role
President and CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F2, F3 | 2,355 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units F2, F4 | 5,602 | $0.00 | $0.00 |
| Exercise | Common Stock | 2,355 | $0.00 | $0.00 |
| Tax Withholding | Common Stock F1 | 1,266 | $124.00 | $157K |
| Exercise | Common Stock | 5,602 | $0.00 | $0.00 |
| Tax Withholding | Common Stock F1 | 3,012 | $124.00 | $373K |
Holdings After Transaction:
Restricted Stock Units — 70,141 contracts (Direct);
Common Stock — 108,519.4656 shares (Direct)
Footnotes (4)
- 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 1/12th of the total shares quarterly, with the first vesting having occurred on May 15, 2025, and subject to the Reporting Person's continued service to the Issuer on each vesting date.
- F4. The restricted stock units vest in 12 equal quarterly installments, with the first vesting having occurred on May 15, 2026, and subject to the Reporting Person's continued service to the Issuer on each vesting date.
Key Figures
RSU-derived common shares acquired: 7,957 shares
Shares withheld for taxes: 4,278 shares
Tax withholding share price: $124.00 per share
+2 more
5 metrics
RSU-derived common shares acquired
7,957 shares
Total common stock received from RSU exercises/conversions on August 14, 2026
Shares withheld for taxes
4,278 shares
Common shares relinquished to cover tax withholding on August 14, 2026
Tax withholding share price
$124.00 per share
Price applied to shares used for tax withholding obligations
Derivative exercises
7,957 shares
Exercise or conversion of restricted stock units into common stock
Tax-related transactions count
2 transactions
Code F transactions for payment of tax withholding by delivering or withholding shares
Key Terms
Restricted Stock Units, contingent right, Rule 16b-3, tax withholding obligations
4 terms
Restricted Stock Units financial
"The reporting person held Restricted Stock Units that converted into common stock"
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
"shares relinquished in exchange for payment of 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
"Issuer's payment of federal and state tax withholding obligations of the Reporting Person"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did ServiceNow (NOW) report for Gina Mastantuono on August 14, 2026?
Gina Mastantuono exercised or converted RSUs into 7,957 shares of ServiceNow common stock on August 14, 2026. Of these, 4,278 shares were relinquished to cover tax withholding, with the remaining shares retained as common stock.
Were the August 14, 2026 ServiceNow (NOW) insider transactions open-market sales?
No, the filing reports no open-market purchases or sales. Shares were issued from vested RSUs and 4,278 shares were withheld by ServiceNow at $124.00 per share solely to satisfy the executive’s tax withholding obligations.
What was the tax withholding price used in the ServiceNow (NOW) Form 4 for Gina Mastantuono?
The tax withholding transactions used a price of $124.00 per share. At this price, 4,278 shares of ServiceNow common stock were withheld or delivered to satisfy Gina Mastantuono’s federal and state tax obligations arising from RSU vesting.
How do the RSUs reported for ServiceNow (NOW) vest for Gina Mastantuono?
The filing states certain RSUs vest as to 1/12th of total shares quarterly, starting May 15, 2025, and others vest in 12 equal quarterly installments starting May 15, 2026, in each case subject to her continued service with ServiceNow.
AI-generated analysis. How Rhea-AI works. Not financial advice.
