Canney Jacqueline P 4
4 · ServiceNow, Inc. · Filed May 11, 2026
Research Summary
AI-generated summary of this filing
ServiceNow (NOW) Jacqueline P. Canney Receives RSUs, Withholds Shares
What Happened Jacqueline P. Canney, ServiceNow's Chief People & AI Enablement Officer, had 2,630 restricted stock units (RSUs) convert to common shares on May 7, 2026. Of those, 1,455 shares were relinquished to satisfy tax-withholding obligations at $93.59 per share (total tax withholding value reported as $136,173), leaving a net of 1,175 shares retained. The filing shows the RSU-to-share conversion (derivative exercise/conversion) and the share withholding for taxes.
Key Details
- Transaction date: 2026-05-07; Form 4 filed: 2026-05-11 (timely filing).
- RSUs converted: 2,630 shares (reported as exercise/conversion of derivative, code M).
- Shares withheld for taxes: 1,455 shares at $93.59 each = $136,173 (code F).
- Net shares retained from this vesting: 1,175 shares (2,630 − 1,455), implied net value ≈ $109,968 using $93.59/share.
- Shares owned after the transaction: Not specified in the Form 4.
- Footnotes: F1 indicates shares were relinquished to cover federal/state tax withholding; F2 confirms each RSU equals one share; F3 describes the RSU vesting schedule (partial vesting in 2024 and quarterly vesting beginning Feb 7, 2025).
Context This was an RSU vesting event (conversion of restricted stock units into shares) with a portion of shares withheld to cover tax obligations — a common, routine insider filing and not a discretionary open‑market sale or purchase. Such tax-withholding dispositions are administrative and do not necessarily signal a change in the insider’s view of the company.
Insider Transaction Report
- Exercise/Conversion
Common Stock
2026-05-07+2,630→ 32,161 total - Tax Payment
Common Stock
[F1]2026-05-07$93.59/sh−1,455$136,173→ 30,706 total - Exercise/Conversion
Restricted Stock Units
[F2][F3]2026-05-07−2,630→ 5,265 total→ Common Stock (2,630 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]3.33% of the shares subject to the restricted stock units vested on each of May 7, 2024, and August 7, 2024, 3.34% of the shares subject to the restricted stock units vested on November 7, 2024, and the remaining 90% of the shares subject to the restricted stock units began vesting quarterly on February 7, 2025, and subject to the reporting person's continued service to the Issuer on each vesting date.