Yuan Eric S. 4
Research Summary
AI-generated summary
ServiceNow (NOW) Director Eric S. Yuan Receives Award
What Happened
- Eric S. Yuan, listed as a Director of ServiceNow (NOW), was granted 2,747 restricted stock units (RSUs) on 2026-06-15. The award was reported as an acquisition (transaction code A) at $0.00 per share, meaning no cash was paid at grant.
Key Details
- Transaction date: 2026-06-15; Form 4 filed: 2026-06-17 (appears filed within the typical 2-business-day window).
- Grant size: 2,747 RSUs; grant price shown as $0.00 (no cash consideration).
- Shares owned after transaction: not specified in the provided excerpt of the filing.
- Footnote: F1 — 100% of the RSUs vest on the earlier of May 21, 2027 and the date of the Issuer’s 2027 annual stockholder meeting. Each RSU is a contingent right to one share upon settlement for no consideration.
Context
- RSU awards are a form of equity compensation; they convert to common stock upon vesting/settlement and do not represent an immediate open-market purchase or sale. This grant is a compensation event rather than a market buy/sell and should be interpreted as part of the company’s pay practices, not a direct trading signal.