Canney Jacqueline P 4
4 · ServiceNow, Inc. · Filed Feb 18, 2026
Research Summary
AI-generated summary of this filing
ServiceNow (NOW) Jacqueline Canney Exercises RSUs, Sells 761 Shares
What Happened
Jacqueline P. Canney, ServiceNow's Chief People & AI Enablement Officer, had 1,490 restricted stock units vest and convert into 1,490 shares on 2026-02-13. To satisfy tax withholding obligations, 761 of those shares were relinquished at $107.08 per share, generating $81,488. That leaves a net of 729 shares newly issued to her (1,490 vested − 761 withheld), worth about $78,100 at $107.08/share.
Key Details
- Transaction date: 2026-02-13; Form filed 2026-02-18 (filed 5 days after the transaction).
- Conversion/exercise: 1,490 RSUs converted to common shares (derivative code M) at $0 exercise price.
- Tax withholding: 761 shares surrendered (code F) at $107.08/share for $81,488.
- Net shares received: 729 shares (1,490 − 761).
- Footnotes: F1 explains shares were relinquished to cover federal/state tax withholding; F2 clarifies each RSU equals one share; F3 notes these RSUs vest 1/12th quarterly (first vesting 5/15/2025) and are service-based.
- Post-transaction total holdings: Not reported on the provided filing excerpt.
- Timeliness: The Form 4 was filed five days after the transaction date; Form 4s are normally required within two business days, so this appears late.
Context
This was a routine RSU vesting event with shares surrendered to cover tax withholding (a common non-market sale). The transactions reflect an award/vesting and tax-related disposition rather than an open-market sale or a discretionary purchase — the key signal is the net acquisition of 729 shares from the vesting.
Insider Transaction Report
- Exercise/Conversion
Common Stock
2026-02-13+1,490→ 25,510 total - Tax Payment
Common Stock
[F1]2026-02-13$107.08/sh−761$81,488→ 24,749 total - Exercise/Conversion
Restricted Stock Units
[F2][F3]2026-02-13−1,490→ 11,925 total→ Common Stock (1,490 underlying)
Footnotes (3)
- [F1]Represents shares relinquished by the Reporting Person in exchange for the Issuer's payment of federal and state tax withholding obligations of the Reporting Person resulting from the vesting of RSUs, in accordance with Rule 16b-3.
- [F2]Each restricted stock unit represents a contingent right to receive one share of Issuer's common stock.
- [F3]The restricted stock units vest as to 1/12th of the total shares quarterly, with the first vesting having occurred on May 15, 2025, and subject to the Reporting Person's continued service to the Issuer on each vesting date.