[Form 4] ServiceNow, Inc. Insider Trading Activity
Rhea-AI Filing Summary
ServiceNow, Inc. reporting person Kevin Thomas McBride, Former Principal Accounting Officer, reported multiple equity compensation transactions in ServiceNow common stock and restricted stock units on February 17, 2026.
He received a grant of 15,150 restricted stock units (RSUs), each representing a right to one share of common stock. According to the footnotes, this award will vest in 12 equal quarterly installments starting on May 15, 2026, subject to continued service. Other RSU awards referenced in the filing vest over 16 equal quarterly installments beginning on May 17, 2023 and include performance-based RSUs tied to ServiceNow’s three-year relative total stockholder return versus the S&P 500 index.
On the same date, McBride exercised RSUs into common stock in multiple transactions and delivered shares back to the company to satisfy tax withholding obligations. These tax-withholding dispositions involved 112 and 2,561 shares of common stock at a price of $105.91 per share, as permitted under Rule 16b-3. After the reported transactions, he directly held 32,141 shares of ServiceNow common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 15,150 | $0.00 | -- |
| Exercise | Restricted Stock Units | 235 | $0.00 | -- |
| Exercise | Restricted Stock Units | 6,569 | $0.00 | -- |
| Exercise | Common Stock | 235 | $0.00 | -- |
| Tax Withholding | Common Stock | 112 | $105.91 | $12K |
| Exercise | Common Stock | 6,569 | $0.00 | -- |
| Tax Withholding | Common Stock | 2,561 | $105.91 | $271K |
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. The restricted stock units will vest in 12 equal quarterly installments, with the first vesting occurring on May 15, 2026, and subject to the reporting person's continued service to the Issuer on each vesting date. 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. 30% of the shares subject to the restricted stock units vested on February 17, 2024, 15% of the shares subject to the restricted stock units vested on each of August 17, 2024 and February 17, 2025, 20% of the shares subject to the restricted stock units vested on August 17, 2025, and the final vest on February 17, 2026 of 20% of the shares subject to the restricted stock units was subject to adjustment based on the Issuer's 3-year relative total stockholder return performance against the S&P 500 index for the period from January 1, 2023 to December 31, 2025, subject to the reporting person's continued service to the Issuer on each vesting date. Acquired upon Compensation Committee certification on January 22, 2024, of achievement of performance criteria for the January 1, 2023 through December 31, 2023 performance period under performance-based restricted stock units granted February 15, 2023.
