ServiceNow (NOW) Director Paul E. Chamberlain Sells 1,500 Shares

What Happened
Paul E. Chamberlain, a director of ServiceNow (NOW), reported the sale of 1,500 shares on 2026-08-13 at $125.60 per share, generating proceeds of $188,400. The Form 4 was filed on 2026-08-17. This was a sale (not a purchase), which is often routine insider selling.

Key Details

• Transaction date and price: 2026-08-13 — 1,500 shares at $125.60 each.
• Transaction type: Reported as “Open market or private sale” (S).
• Proceeds: $188,400.
• Shares owned after transaction: Not specified in the provided filing excerpt (see the full Form 4 for holdings).
• Footnote: The sale was effected under a Rule 10b5‑1 trading plan adopted by the reporting person on August 29, 2025.
• Timeliness: Form 4 filed 2026-08-17 — within the standard two business‑day reporting window.

Context
Sales executed under 10b5‑1 plans are prearranged and commonly used to avoid trading on nonpublic information; they do not necessarily signal a change in the director’s view of the company. For retail investors, purchases typically carry more direct informational weight than routine sales.