Zavery Amit 4
4 · ServiceNow, Inc. · Filed Feb 5, 2026
Research Summary
AI-generated summary of this filing
ServiceNow (NOW) President Amit Zavery Receives 31,089 RSU Award
What Happened
Amit Zavery, President, Chief Product Officer and Chief Operating Officer of ServiceNow (NOW), was granted/received 31,089 restricted stock units (RSUs) on February 3, 2026. The filing shows an acquisition at $0.00 because these are derivative awards (RSUs) rather than a cash purchase. The award was a performance-based grant certified by the Compensation Committee for the Jan 1, 2024 – Dec 31, 2025 performance period.
Key Details
- Transaction type and date: Award/Grant (code A) on 2026-02-03; filing dated 2026-02-05.
- Shares/units: 31,089 RSUs recorded as acquired at $0.00 (derivative).
- Vesting/conditions: 100% of the RSUs will vest on February 7, 2026, subject to Zavery’s continued service on that date (footnote F2). The award was certified upon achievement of performance criteria for the 2024–2025 performance period (footnote F3).
- Nature of award: Each RSU represents a contingent right to one share of common stock (footnote F1).
- Shares owned after transaction: Not specified in this filing.
- Timeliness: Filed two days after the transaction date (no late-filing indication in the report).
Context
This is a compensation-related, performance-based RSU award—not a market purchase or sale—so it doesn't directly signal insider buying/selling activity. RSU grants are common for senior executives and convert to actual shares upon vesting and any required service/performance conditions.
Insider Transaction Report
- Award
Restricted Stock Units
[F1][F2][F3]2026-02-03+31,089→ 31,089 total→ Common Stock (31,089 underlying)
Footnotes (3)
- [F1]Each restricted stock unit represents a contingent right to receive one share of Issuer's common stock.
- [F2]100% of the shares subject to the restricted stock units will vest on February 7, 2026, subject to the reporting person's continued service to the Issuer on such vesting date.
- [F3]Acquired upon Compensation Committee certification on February 3, 2026, of achievement of performance criteria for the January 1, 2024 through December 31, 2025 performance period under performance-based restricted stock units granted November 15, 2024.