Fipps Paul 4
Research Summary
AI-generated summary
ServiceNow (NOW) President Paul Fipps Sells 151 Shares
What Happened Paul Fipps, President, Global Customer Operations at ServiceNow (NOW), sold 151 shares in an open-market transaction on May 8, 2026. The shares were sold at $90.47 each, for a total proceeds of approximately $13,661. This was a sale (often routine) rather than a purchase.
Key Details
- Transaction date and price: May 8, 2026 — 151 shares sold at $90.47 per share.
- Total proceeds: ≈ $13,661.
- Shares owned after transaction: Not disclosed in the provided filing excerpt.
- Footnote: The sale was made under a pre-arranged Rule 10b5-1 trading plan adopted by Mr. Fipps on November 19, 2025.
- Filing timeliness: Form 4 filed May 12, 2026 — appears timely (filed within the standard 2 business-day window).
Context Sales executed under a 10b5-1 plan are pre-scheduled and do not necessarily reflect the insider’s current view of the company. For retail investors, purchases tend to be a stronger signal than routine, small open-market sales like this one.