McBride Kevin Thomas 4
Research Summary
AI-generated summary
ServiceNow (NOW) Principal Accounting Officer McBride Receives RSU Award
What Happened
Kevin Thomas McBride, Principal Accounting Officer of ServiceNow (NOW), was granted a total of 9,889 restricted stock units (RSUs) on February 9, 2026. The filing shows two award entries (3,284 RSUs and 6,605 RSUs) reported as derivative awards with $0 cash paid. RSUs are contingent rights to receive shares of common stock upon satisfaction of vesting and performance conditions.
Key Details
- Transaction date: February 9, 2026; Report filed: February 11, 2026 (timely filing).
- Price: $0.00 per RSU (typical for awards); no cash paid on grant.
- Total RSUs awarded: 3,284 + 6,605 = 9,889 RSUs.
- Shares owned after transaction: Not disclosed in this Form 4 filing.
- Footnotes of note:
- F1: Each RSU represents a contingent right to one share of common stock.
- F2: Additional shares from a Feb 15, 2023 performance RSU grant are scheduled to vest on Feb 17, 2026 based on total shareholder return vs. the S&P 500, as determined Feb 9, 2026 by the Compensation Committee.
- F3: The granted RSUs (from a Feb 18, 2025 award) vested upon achievement of performance criteria and will vest over multiple dates: 33.33% on Feb 15, 2026; then roughly 16.66–16.67% on Aug 15, 2026; Feb 15, 2027; Aug 15, 2027; and Feb 15, 2028, subject to continued service on each vesting date.
Context
These are equity awards (performance-based RSUs), not open-market purchases or sales. RSUs vest and convert into shares only if performance and service conditions are met; they carry no immediate cash proceeds. Awards are common for executive compensation and do not alone indicate buying or selling sentiment.