ServiceNow (NOW) vice chairman granted 11,587 performance-based RSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ServiceNow vice chairman Nicholas Tzitzon reported an equity award tied to company performance. On February 9, 2026, he acquired 11,587 restricted stock units (RSUs) at a price of $0, bringing his directly held derivative position to 23,177 RSUs.
Each RSU represents the right to receive one share of ServiceNow common stock. These additional shares are scheduled to vest on February 17, 2026, under performance-based RSUs granted on February 15, 2023, which depend on total shareholder return versus the S&P 500 over the three years ended December 31, 2025.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Tzitzon Nicholas
Role
Vice Chairman
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 11,587 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 23,177 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.
FAQ
What insider transaction did ServiceNow (NOW) report for Nicholas Tzitzon?
ServiceNow reported that vice chairman Nicholas Tzitzon acquired 11,587 restricted stock units on February 9, 2026. The award was recorded at a price of $0 per unit and increased his directly held derivative securities position to a total of 23,177 restricted stock units in the company.
How many ServiceNow (NOW) RSUs does Nicholas Tzitzon hold after this Form 4?
After this transaction, Nicholas Tzitzon beneficially owns 23,177 restricted stock units in ServiceNow. This includes the newly acquired 11,587 RSUs, all held directly. Each RSU represents a contingent right to receive one share of ServiceNow common stock, subject to vesting conditions and performance criteria.
What are the vesting terms of Nicholas Tzitzon’s new ServiceNow (NOW) RSUs?
The additional 11,587 ServiceNow restricted stock units are scheduled to vest on February 17, 2026. They are part of performance-based RSUs granted on February 15, 2023, which depend on ServiceNow’s total shareholder return versus the S&P 500 over the three-year period ending December 31, 2025.
How is the performance of Nicholas Tzitzon’s ServiceNow (NOW) RSUs measured?
Performance for these ServiceNow RSUs is measured by the company’s total shareholder return relative to the S&P 500. The measurement covers the three years ended December 31, 2025, and the Compensation Committee determined the resulting additional shares on February 9, 2026, under the RSU grant terms.
What does each ServiceNow (NOW) restricted stock unit represent for Nicholas Tzitzon?
Each restricted stock unit reported for Nicholas Tzitzon represents a contingent right to receive one share of ServiceNow common stock. Delivery depends on vesting and, for these performance-based RSUs, on achieving specified total shareholder return outcomes compared with the S&P 500 index over the defined performance period.
Is Nicholas Tzitzon’s ServiceNow (NOW) RSU award a purchase or a grant?
The Form 4 classifies the 11,587 restricted stock units as a grant, award, or other acquisition. The transaction code is “A,” and the price per unit is reported as $0, indicating an equity compensation award rather than an open-market stock purchase transaction by Nicholas Tzitzon.