[Form 4] SERVICENOW, INC. Insider Trading Activity
Rhea-AI Filing Summary
Gina Mastantuono, President and Chief Financial Officer of ServiceNow, Inc. (NOW), reported several transactions on 08/12/2025 and 08/13/2025. On 08/12/2025 she acquired 228 shares upon vesting of restricted stock units (RSUs). To cover tax withholding tied to that vesting, she relinquished 123 shares valued at $853.43 each. Under a Rule 10b5-1 trading plan adopted on November 22, 2024, she sold 84 shares on 08/13/2025 for $860.57 per share. Beneficial ownership moved from 11,779 shares after the RSU vest toward 11,572 shares following the reported withholding and sale. The transactions were signed by an attorney-in-fact on 08/14/2025.
Positive
- None.
Negative
- None.
Insights
TL;DR: Routine insider vesting and plan-driven sales reduced holdings modestly; no material change to leadership stake.
The filing shows standard compensation mechanics: RSU vesting delivered 228 shares and 123 shares were surrendered to satisfy federal and state tax withholding, consistent with Rule 16b-3. The subsequent sale of 84 shares was executed under a pre-established Rule 10b5-1 plan adopted on November 22, 2024, indicating planned disposition rather than opportunistic trading. The net reduction in beneficial ownership is modest (from 11,779 to 11,572 shares) and does not appear material relative to typical executive holdings, suggesting limited immediate governance or control implications.
TL;DR: Transactions follow standard governance controls with documented 10b5-1 plan and tax-withholding surrender; transparency is appropriate.
The report documents compliance with insider-trading mitigants: use of a Rule 10b5-1 trading plan and reliance on Rule 16b-3 for tax-related share surrender. The filing was timely and signed via attorney-in-fact. These elements reflect adherence to accepted governance practices for executive equity transactions. The activity is administrative and compensation-related rather than signaling a strategic shift.