ServiceNow, Inc.·4

May 1, 4:06 PM ET

Canney Jacqueline P 4

Research Summary

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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.