ServiceNow, Inc.·4

Feb 10, 7:45 PM ET

McBride Kevin Thomas 4

Research Summary

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ServiceNow (NOW) Kevin McBride Exercises RSUs, Sells Shares

What Happened
Kevin McBride, Principal Accounting Officer at ServiceNow (NOW), had restricted stock units convert to common shares on February 6, 2026. A total of 3,105 shares were issued on conversion (1,550 + 995 + 560). To cover withholding taxes, 1,089 of those shares were surrendered (disposed) at a reported per-share withholding value of $100.74, totaling about $109,706. The conversions show $0 exercise price, consistent with RSU settlement rather than an option purchase.

Key Details

  • Transaction date: February 6, 2026. Form filed February 10, 2026 (appears timely).
  • Conversions (code M): 1,550; 995; 560 shares acquired at $0.00 (RSU settlement).
  • Withholding sales (code F): 583, 324, 182 shares surrendered at $100.74 each, totaling ~$58,731, $32,640 and $18,335 (combined ≈ $109,706).
  • Net new shares retained by McBride from this event: 3,105 − 1,089 = 2,016 shares.
  • Notable footnotes: tax-withholding surrender in accordance with Rule 16b-3 (F2); shares reflect prior 5-for-1 stock split adjustment (F3/F6); some shares arose from performance-based and time-based RSU vesting schedules (F4–F8). Footnote F1 also notes 138 shares from the ESPP on Jan 30, 2026 were included in reported totals.
  • The filing does not disclose McBride’s total post-transaction holdings in the provided excerpt.

Context
This was a compensation-related RSU settlement and a routine net-share withholding to satisfy tax obligations (code M = conversion/exercise of derivative; code F = tax withholding). Because shares were surrendered to cover taxes rather than sold on-market for cash profit-taking, this transaction is standard administrative activity tied to vesting and not an open-market buy or directional sell signal.