Form 4: NOW director Anita Sands reports multiple sales reducing holdings to 9,307
Rhea-AI Filing Summary
Anita M. Sands, a director of ServiceNow, Inc. (NOW), reported multiple open-market sales of ServiceNow common stock on 08/29/2025. The filing lists six separate sale groupings executed the same day at varying weighted-average prices ranging from approximately $911.72 to $919.01 per share. The reported post-transaction beneficial ownership declined across the entries, with the final reported direct beneficial ownership equal to 9,307 shares. The Form 4 was signed on behalf of Ms. Sands by her attorney-in-fact on 09/02/2025. The form contains explanatory notes specifying price ranges for each grouped sale and states that full breakdowns are available upon request.
Positive
- None.
Negative
- Director sold shares in multiple transactions on 08/29/2025, reducing direct beneficial ownership to 9,307 shares
- Sales executed at high price levels with weighted-average prices reported between approximately $911.72 and $919.01
Insights
TL;DR Director Anita Sands executed multiple single-day open-market sales of NOW shares at ~ $912–$919, reducing direct holdings to 9,307 shares.
The Form 4 discloses six grouped sales on 08/29/2025, each reported with weighted-average prices and post-transaction beneficial ownership levels. The filing provides price ranges for each grouped trade and notes the availability of full per-price share breakdowns upon request. From an analytical perspective, the filing is a straightforward Section 16 disclosure of insider sales and contains no additional commentary, derivative transactions, or plan-designation language in the visible text.
TL;DR Routine Form 4 disclosure: a director sold shares in multiple lots the same day; filing includes detailed price-range notes.
This Form 4 is a standard compliance disclosure by a reporting person identified as a director. It indicates individual (not joint) filing status and records sales (transaction code S) without referencing a Rule 10b5-1 plan checkbox in the visible content. The signature block shows authorization by an attorney-in-fact. The filing does not include information about intent, planned trading programs, or derivative holdings, limiting governance conclusions to the confirmed sales and post-sale holdings.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 85 | $912.24 | $78K |
| Sale | Common Stock | 215 | $913.139 | $196K |
| Sale | Common Stock | 212 | $914.162 | $194K |
| Sale | Common Stock | 314 | $915.249 | $287K |
| Sale | Common Stock | 147 | $917.575 | $135K |
| Sale | Common Stock | 124 | $918.821 | $114K |
Footnotes (1)
- Represents the aggregate of sales effected on the same day at different prices. Represents the weighted average sales price per share. The shares sold at prices ranging from $911.715 to $912.702 per share. Full information regarding the number of shares sold at each price shall be provided upon request to the staff of the U.S. Securities and Exchange Commission, the Issuer, or a security holder of the Issuer. Represents the weighted average sales price per share. The shares sold at prices ranging from $912.78 to $913.704 per share. Full information regarding the number of shares sold at each price shall be provided upon request to the staff of the U.S. Securities and Exchange Commission, the Issuer, or a security holder of the Issuer. Represents the weighted average sales price per share. The shares sold at prices ranging from $913.817 to $914.806 per share. Full information regarding the number of shares sold at each price shall be provided upon request to the staff of the U.S. Securities and Exchange Commission, the Issuer, or a security holder of the Issuer. Represents the weighted average sales price per share. The shares sold at prices ranging from $914.828 to $916.82 per share. Full information regarding the number of shares sold at each price shall be provided upon request to the staff of the U.S. Securities and Exchange Commission, the Issuer, or a security holder of the Issuer. Represents the weighted average sales price per share. The shares sold at prices ranging from $917.17 to $917.925 per share. Full information regarding the number of shares sold at each price shall be provided upon request to the staff of the U.S. Securities and Exchange Commission, the Issuer, or a security holder of the Issuer. Represents the weighted average sales price per share. The shares sold at prices ranging from $918.583 to $919.01 per share. Full information regarding the number of shares sold at each price shall be provided upon request to the staff of the U.S. Securities and Exchange Commission, the Issuer, or a security holder of the Issuer.
