[Form 4] SERVICENOW, INC. Insider Trading Activity
Rhea-AI Filing Summary
ServiceNow insider Nicholas Tzitzon, listed as Vice Chairman and officer, reported transactions on 08/12/2025. The filing shows 114 restricted stock units vested and were converted into 114 shares of common stock, reported as acquired at $0, bringing the Reporting Person's direct common stock holdings to 3,340 shares. To satisfy tax withholding obligations tied to the vesting, 56 shares were relinquished at a price of $853.43 per share, reducing direct holdings to 3,284 shares.
The Form 4 also confirms the Reporting Person holds 228 restricted stock units following the reported vesting schedule (RSUs vest 1/16th quarterly, first vesting on May 12, 2022) and that the form was signed by an attorney-in-fact on 08/14/2025. All transactions are disclosed as direct holdings and are described as routine vesting and tax-withholding actions.
Positive
- None.
Negative
- None.
Insights
TL;DR: Routine RSU vesting with a tax-withholding disposition; immaterial to company valuation.
The Form 4 documents a common insider event: 114 RSUs vested and were converted into shares while 56 shares were surrendered to cover tax obligations at an indicated price of $853.43 per share. The net change in direct shareholdings is modest (3,340 to 3,284 shares) and reflects compensation mechanics rather than a voluntary market sale for liquidity. For investors, this does not signal a change in corporate outlook or insider sentiment; it is a compensation-related transaction disclosed under Section 16 reporting requirements.
TL;DR: Disclosure is complete and standard; governance practices appear followed.
The filing provides the required detail on vesting, withholding, and beneficial ownership, including the vesting schedule (1/16th quarterly) and the explanation that shares were relinquished for tax withholding per Rule 16b-3. The use of an attorney-in-fact for signature is properly noted. There are no indications of noncompliance or atypical insider behavior from the disclosed transactions.