Canney Jacqueline P 4
Research Summary
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ServiceNow (NOW) Chief People & AI Officer Jacqueline Canney Receives Award
What Happened Jacqueline P. Canney, ServiceNow's Chief People & AI Enablement Officer, was granted 13,518 restricted stock units (RSUs) on February 9, 2026. The report lists the acquisition price as $0.00 because these are compensation awards (derivative grants) rather than an open-market purchase. Each RSU represents a contingent right to receive one share of ServiceNow common stock if vesting conditions are met.
Key Details
- Transaction date: 2026-02-09; Transaction type: Award/Grant (code A) — 13,518 RSUs at $0.00 (derivative).
- Filing date: 2026-02-11 (appears timely under the Form 4 two-business-day rule).
- Shares owned after the transaction: not disclosed in the provided excerpt of the filing.
- Footnote F1: Each RSU equals a contingent right to one share of common stock.
- Footnote F2: These are performance-based RSUs tied to ServiceNow’s total shareholder return (TSR) vs. the S&P 500 for the three years ending Dec 31, 2025; the Compensation Committee determined the outcome on Feb 9, 2026 and additional shares are scheduled to vest on Feb 17, 2026 if conditions are met.
Context This transaction is an executive compensation grant (not a market buy or sale). Awards like performance-based RSUs are common for senior executives and depend on meeting set performance targets before converting to actual shares. Such grants are informative about pay structure and incentives but do not by themselves signal the insider buying or selling stock.