Fontaine Danielle 4

What Happened
Danielle Fontaine, Principal Accounting Officer at ServiceNow, had 305 restricted stock units (RSUs) vest on May 7, 2026. The RSUs converted into 305 shares of ServiceNow common stock. To cover federal and state tax-withholding obligations, 106 of those shares were surrendered at an allocated price of $93.59 per share, representing $9,921 in tax withholding. The net result was 199 shares issued to Fontaine after withholding.

Key Details

• Transaction date: May 7, 2026; Form 4 filed May 11, 2026.
• Primary actions: conversion/settlement of 305 RSUs into 305 shares (transaction code M) and surrender of 106 shares for tax withholding (transaction code F) at $93.59/share = $9,921.
• Net shares delivered to insider: 199 shares (305 vested − 106 withheld).
• Footnotes: F1 explains the shares surrendered were exchanged to satisfy tax withholding; F2/F3 confirm these were RSUs and describe the vesting schedule (16 quarterly installments, first vesting May 7, 2024).
• Filing timeliness: Report covers May 7 transaction and was filed May 11 (not noted as late).
• Exhibit: Power of Attorney listed (EX-24).

Context

• This was a routine vesting and tax-withholding event for RSUs, not an open-market sale or purchase. Such withholdings are common and generally reflect tax obligations rather than a decision to sell stock for investment reasons.
• Transaction codes: M = exercise/conversion of derivative (RSU settlement); F = shares surrendered to pay tax withholding.