BOSTROM SUSAN L 4
Research Summary
AI-generated summary
ServiceNow (NOW) Director Susan Bostrom Receives RSU Award
What Happened Susan L. Bostrom, a director of ServiceNow, was granted 3,260 restricted stock units (RSUs) on May 21, 2026. The grant was reported as an award/acquisition at $0.00 per share (no cash paid). This is a grant of equity compensation rather than an open-market purchase or sale.
Key Details
- Transaction date: May 21, 2026; Form 4 filed May 26, 2026 (filing appears late relative to the typical 2-business-day rule).
- Transaction type/code: Award/Grant (A).
- Shares/equivalents granted: 3,260 RSUs; reported acquisition price $0.00.
- Vesting: 100% of the RSUs vest on the earlier of May 21, 2027 or the date of the Issuer's 2027 annual stockholder meeting (per footnote).
- Settlement: Each RSU represents a contingent right to receive one share of common stock upon settlement for no consideration.
- Stock split note: A 5-for-1 stock split on Dec 17, 2025 is referenced in the filing (reporting person received four additional shares for each share held as of that date).
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Exhibit: EX-24 2026 Section 16 POA – Bostrom is attached.
Context RSU grants are common director compensation and do not represent an open-market purchase (which some investors view as a stronger bullish signal). These RSUs will convert to shares only upon vesting/settlement, so they are contingent and not immediately tradeable stock. The late filing may be procedural; it does not change the substance of the grant but can be relevant for compliance monitoring.
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