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.