ServiceNow, Inc.·4

May 18, 8:03 PM ET

Canney Jacqueline P 4

Research Summary

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ServiceNow (NOW) Jacqueline Canney Receives RSUs, Surrenders Shares

What Happened
Jacqueline P. Canney, ServiceNow’s Chief People & AI Enablement Officer, had restricted stock units (RSUs) convert into 6,026 shares on May 15, 2026. Of those shares, 3,078 were surrendered to ServiceNow to satisfy federal and state tax withholding, leaving a net 2,948 shares delivered to her. The withholding was executed at $95.07 per share for a total tax withholding value of $292,625.

Key Details

  • Transaction date: May 15, 2026; Form 4 filed May 18, 2026.
  • Shares vesting/conversion: 970 + 1,490 + 3,566 = 6,026 shares (reported as derivative conversions).
  • Shares surrendered for tax withholding (Disposed under code F): 496 + 761 + 1,821 = 3,078 shares at $95.07/share = $292,625 total.
  • Net shares delivered to Ms. Canney after withholding: 6,026 − 3,078 = 2,948 shares.
  • Footnotes: F1 indicates shares were relinquished in exchange for issuer payment of withholding obligations under Rule 16b-3; F2–F5 describe the RSU-to-share conversion and vesting schedule (quarterly installments, contingent on continued service).
  • Filing timeliness: Form lists the May 15 transactions and was filed May 18, 2026 (no late-filing flag provided in the filing summary).

Context

  • This was not an open-market purchase or sale for cash gain/loss but the routine vesting of RSUs and share withholding to cover taxes (common for equity compensation).
  • For retail investors, vesting and withholding transactions typically reflect compensation mechanics rather than an explicit insider buy/sell signal.