Canney Jacqueline P 4
4 · ServiceNow, Inc. · Filed May 1, 2026
Research Summary
AI-generated summary of this filing
ServiceNow (NOW) Chief People & AI Officer Jacqueline Canney Receives Award
What Happened
Jacqueline Canney, ServiceNow’s Chief People & AI Enablement Officer, was granted 19,575 shares as a performance-contingent award (derivative) on April 29, 2026. The grant is reported at an exercise/acquisition price of $655.94 per share, resulting in a reported value of $12,840,026. This was an award/derivative transaction (code A), not an open-market buy or sale.
Key Details
- Transaction date: 2026-04-29; reported on Form 4 filed 2026-05-01 (timely filing).
- Grant: 19,575 shares; reported price: $655.94; reported aggregate value: $12,840,026.
- Nature: Derivative award (Performance Stock Option tranche — PSO Tranche Six). These shares have not vested and are not yet owned outright.
- Vesting conditions (per footnote): Tranche Six met the subscription revenue metric (certified Apr 29, 2026) but will only vest if (i) the applicable stock price metric is later certified and (ii) Canney remains employed on the vesting date. Performance period ends 9/30/2026.
- Existing vested options: As of Apr 29, 2026, 78,300 options are fully vested and exercisable.
Context
This is a performance-based derivative grant — a certification of one performance metric for a previously granted PSO tranche, not an immediate transfer of vested shares. Such filings indicate potential future equity if remaining conditions are met, but do not reflect an immediate purchase or sale.
Insider Transaction Report
- Award
Employee Stock Option (Right to Buy)
[F1]2026-04-29$655.94/sh+19,575$12,840,026→ 117,450 totalExercise: $655.94Exp: 2031-12-13→ Common Stock (19,575 underlying)
Footnotes (1)
- [F1]As the Issuer has previously disclosed, on December 13, 2021, a Performance Stock Option ("PSO") was granted to the Reporting Person. The Issuer also disclosed that there are eight separate tranches to the PSO and any tranche may vest only if both subscription revenue and stock price performance metrics are met, in addition to service requirements. The performance period ends September 30, 2026. On April 29, 2026, the Issuer's Compensation Committee certified achievement of the subscription revenue metric for Tranche Six of the PSO. Despite having met this performance metric, the shares for Tranche Six have not yet vested. They may vest, if at all, only if: (i) achievement of the applicable stock price metric is certified; and (ii) the Reporting Person is an employee of the Issuer on such vesting date. As of April 29, 2026, 78,300 of the options are fully vested and remain exercisable.