Chamberlain Paul Edward 4

What Happened
Paul Edward Chamberlain, a director of ServiceNow (NOW), sold 1,500 shares in an open-market transaction on May 14, 2026. The shares were sold at $87.23 each for aggregate proceeds of $130,845. This was a sale (not a purchase), which for many insiders can be routine portfolio management rather than a signal about company fundamentals.

Key Details

• Transaction date and price: May 14, 2026 — 1,500 shares sold at $87.23 per share.
• Total value: $130,845.
• Shares owned after transaction: Not specified in the provided filing.
• Plan/footnote: Transaction was effected under a Rule 10b5-1 trading plan adopted by the reporting person on August 29, 2025 (Footnote F1).
• Filing timing: Form 4 filed May 18, 2026; filing date matches the typical SEC two-business-day reporting window for a May 14 transaction (timely).
• Exhibit: EX-24 2026 Section 16 POA - Chamberlain referenced in remarks.

Context
Sales executed under pre-established 10b5-1 plans are pre-arranged and intended to avoid questions about timing; they are common among insiders. Retail investors should view routine insider sales with caution — purchases generally carry clearer positive signals — and consider this transaction alongside broader insider activity and company fundamentals.