ServiceNow (NOW) PAO Danielle Fontaine reports RSU vesting and 106-share tax withholding
Rhea-AI Filing Summary
ServiceNow, Inc. principal accounting officer Danielle Fontaine reported the vesting and conversion of 305 Restricted Stock Units into an equal number of shares of common stock on August 7, 2026. In connection with this vesting, 106 shares of common stock were withheld at $124.88 per share to cover federal and state tax withholding obligations. Following the derivative transaction, Fontaine held 1,830 RSUs directly, which continue to vest in 16 equal quarterly installments subject to continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 199 shares
Net Buy
3 txns
Insider
Fontaine Danielle
Role
Principal Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F2, F3 | 305 | $0.00 | $0.00 |
| Exercise | Common Stock | 305 | $0.00 | $0.00 |
| Tax Withholding | Common Stock F1 | 106 | $124.88 | $13K |
Holdings After Transaction:
Restricted Stock Units — 1,830 shares (Direct);
Common Stock — 9,933 shares (Direct)
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 7, 2024, and subject to the reporting person's continued service to the Issuer on each vesting date.
Key Figures
RSUs vested and converted: 305 shares
Shares withheld for taxes: 106 shares
Tax withholding price: $124.88 per share
+2 more
5 metrics
RSUs vested and converted
305 shares
Restricted Stock Units converted into common stock on August 7, 2026
Shares withheld for taxes
106 shares
Common shares relinquished to satisfy tax withholding on RSU vesting
Tax withholding price
$124.88 per share
Per-share value used for 106-share tax withholding disposition
RSUs remaining after transaction
1,830 units
Directly held Restricted Stock Units following the derivative transaction
Vesting structure
16 equal quarterly installments
RSU vesting schedule beginning with first vesting on May 7, 2024
Key Terms
Restricted Stock Units, Rule 16b-3, contingent right, tax withholding obligations
4 terms
Restricted Stock Units financial
"Represents shares relinquished by the Reporting Person resulting from the vesting of RSUs"
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.
Rule 16b-3 regulatory
"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.
contingent right financial
"Each restricted stock unit represents a contingent right to receive one share"
tax withholding obligations financial
"payment of federal and state tax withholding obligations of the Reporting Person"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did ServiceNow (NOW) officer Danielle Fontaine report in this Form 4?
Danielle Fontaine reported the vesting and conversion of 305 RSUs into common stock, and a related withholding of 106 shares of common stock to satisfy tax obligations associated with that vesting.
How many ServiceNow (NOW) RSUs vested for Danielle Fontaine on August 7, 2026?
On August 7, 2026, 305 Restricted Stock Units vested for Danielle Fontaine, each representing a contingent right to receive one share of ServiceNow common stock upon vesting and settlement.
What are Danielle Fontaine’s remaining RSU holdings in ServiceNow (NOW) after this transaction?
After the reported RSU conversion, Danielle Fontaine held 1,830 Restricted Stock Units directly, which continue to vest in 16 equal quarterly installments subject to her continued service to the company.
How do the ServiceNow (NOW) RSUs for Danielle Fontaine vest over time?
The RSUs vest in 16 equal quarterly installments, with the first vesting on May 7, 2024. Each future vesting remains subject to Fontaine’s continued service to ServiceNow on the applicable vesting dates.