ServiceNow executive reports RSU vesting and tax sale
ServiceNow President, Global Customer Ops, Paul Fipps reported multiple restricted stock unit (RSU) vestings and related tax share withholdings on February 6, 2026.
Rhea-AI Filing Summary
ServiceNow President, Global Customer Ops, Paul Fipps reported multiple restricted stock unit (RSU) vestings and related tax share withholdings on February 6, 2026. RSU conversions delivered blocks of 3,100, 685, 330 and 75 shares of common stock at an exercise price of $0 per share.
To cover federal and state tax withholding obligations from these vestings, he surrendered 842, 171, 84 and 19 shares at $100.74 per share. After these transactions, he directly owned 5,900.88 ServiceNow common shares, including 124 shares from the employee stock purchase plan, and continued to hold sizeable RSU balances adjusted for a prior 5‑for‑1 stock split.
Positive
- None.
Negative
- None.
Insider Trade Summary
4,190 shares exercised/converted
Exercise
12 txns
Insider
Fipps Paul
Role
President, Global Customer Ops
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 3,100 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 685 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 330 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 75 | $0.00 | $0.00 |
| Exercise | Common Stock | 3,100 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 842 | $100.74 | $85K |
| Exercise | Common Stock | 685 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 171 | $100.74 | $17K |
| Exercise | Common Stock | 330 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 84 | $100.74 | $8K |
| Exercise | Common Stock | 75 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 19 | $100.74 | $2K |
Holdings After Transaction:
Restricted Stock Units — 13,400 contracts (Direct);
Common Stock — 5,900.88 shares (Direct)
Footnotes (10)
- F1. Includes 124 shares acquired under the Issuer's Employee Stock Purchase Plan on January 30, 2026.
- F2. 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.
- F3. On December 17, 2025, the Issuer effected a 5-for-1 stock split of its common stock (the "Stock Split"), which resulted in the reporting person receiving four additional shares for each share of common stock of the Issuer held as of such date.
- F4. Each restricted stock unit represents a contingent right to receive one share of Issuer's common stock.
- F5. 30% of the shares subject to the restricted stock units vested on February 7, 2025, 15% of the shares subject to the restricted stock units vested on each of August 7, 2025 and February 7, 2026, and 20% of the shares subject to the restricted stock units will vest on each of August 7, 2026, and February 7, 2027, subject to the reporting person's continued service to the Issuer on each vesting date.
- F6. Acquired upon achievement of certain performance criteria pursuant to the performance-based restricted stock units granted February 15, 2024 under the Issuer's 2021 Equity Incentive Plan. The performance period for the restricted stock units was January 1, 2024 until December 31, 2024, with achievement of the applicable performance criteria subject to determination by the Issuer's Compensation Committee. This determination was obtained on February 4, 2025.
- F7. The number of securities reported on this Form 4 have been adjusted to reflect the Stock Split.
- F8. 30% of the shares subject to the restricted stock units vested on February 7, 2025, 15% of the shares subject to the restricted stock units vested on August 7, 2025 and February 7, 2026, and 20% of the shares subject to the restricted stock units will vest on each of August 7, 2026, and February 7, 2027, subject to the reporting person's continued service to the Issuer on each vesting date.
- F9. The restricted stock units vest as to 1/16th of the total shares quarterly, 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.
- F10. The restricted stock units vest as to 1/16th of the total shares quarterly, with the first vesting having occurred on November 7, 2024, and subject to the Reporting Person's continued service to the Issuer on each vesting date.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Paul Fipps report in his latest ServiceNow (NOW) Form 4?
Paul Fipps reported RSU vestings converting into ServiceNow common stock and related tax share withholdings on February 6, 2026. The filing shows multiple RSU-to-stock conversions at $0 exercise price and shares surrendered at $100.74 per share to satisfy federal and state tax obligations.
What RSU awards and vesting schedules are described in Paul Fipps’ Form 4?
The filing describes performance-based RSUs granted February 15, 2024, with a performance period from January 1 to December 31, 2024 and vesting through February 2027. Additional RSUs vest quarterly in sixteenth increments, with first vest dates on May 7, 2024 and November 7, 2024, subject to continued service.
How did ServiceNow’s stock split affect Paul Fipps’ reported holdings?
ServiceNow completed a 5‑for‑1 stock split on December 17, 2025, giving Paul Fipps four additional shares for each share held on that date. The Form 4 notes that all reported security amounts, including RSUs and common stock holdings, have been adjusted to reflect this stock split.
AI-generated analysis. How Rhea-AI works. Not financial advice.
