ServiceNow (NOW) General Counsel reports stock sales, RSU activity
Rhea-AI Filing Summary
ServiceNow, Inc. (NOW) reported insider activity by its General Counsel on a Form 4 covering transactions on November 17–18, 2025. The filing shows sales of ServiceNow common stock and activity related to restricted stock units (RSUs).
The officer sold 110 shares of common stock at $846.92 on November 17 and 81 shares at $827.08 on November 18 under a Rule 10b5-1 trading plan adopted on May 21, 2025. On November 17, 177 shares were acquired upon vesting of RSUs at an exercise price of $0, and 96 shares were relinquished to cover federal and state tax withholding obligations from the vesting.
After these transactions, the officer directly beneficially owned 4,332 shares of ServiceNow common stock and held 888 RSUs, each representing the right to receive one share that vests quarterly in equal sixteenth installments, subject to continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 81 | $827.08 | $67K |
| Exercise | Restricted Stock Units | 177 | $0.00 | -- |
| Sale | Common Stock | 110 | $846.92 | $93K |
| Exercise | Common Stock | 177 | $0.00 | -- |
| Tax Withholding | Common Stock | 96 | $835.79 | $80K |
Footnotes (1)
- The transactions reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 21, 2025. 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 vest as to 1/16th of the total shares quarterly, 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.
FAQ
What did ServiceNow (NOW) disclose in this Form 4 filing?
The Form 4 reports that ServiceNow's General Counsel executed stock transactions on November 17–18, 2025, including sales of common stock and vesting of restricted stock units (RSUs) under previously granted equity awards.
What is the vesting schedule for the reported ServiceNow (NOW) RSUs?
The restricted stock units vest as to 1/16th of the total shares on a quarterly basis, with the first vesting having occurred on May 17, 2023, and vesting is subject to the officer's continued service to ServiceNow on each vesting date.
Was a Rule 10b5-1 trading plan used for these ServiceNow (NOW) transactions?
Yes. The filing states that the transactions were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 21, 2025.