ServiceNow, Inc.·4

Feb 19, 8:06 PM ET

Nowbar Hossein 4

Research Summary

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ServiceNow (NOW) President & CLO Hossein Nowbar Receives RSU Award

What Happened

  • Hossein Nowbar, President and Chief Legal Officer of ServiceNow (NOW), received a grant of 26,512 restricted stock units (RSUs) on February 17, 2026. The grant was reported as a derivative award at $0.00 per unit (no cash purchase); each RSU represents a contingent right to one share of common stock upon vesting.

Key Details

  • Transaction date: 2026-02-17; filing date: 2026-02-19 (filed within the typical two-business-day window).
  • Grant type/code: A (award/grant); reported acquisition of 26,512 RSUs at $0.00.
  • Vesting: 12 equal quarterly installments, first vesting on May 15, 2026; vesting contingent on continued service.
  • Shares owned after transaction: Not specified in the provided filing.
  • Footnotes: F1 confirms 1 RSU = right to 1 share; F2 details the quarterly vesting schedule.
  • No indication of a sale, purchase for cash, or a 10b5-1 sale plan in this filing.

Context

  • This is a compensation/retention award, not an open-market purchase or sale. RSUs do not represent immediate stock ownership until they vest and are typically used to align executive incentives with shareholder value over time.