Fontaine Danielle 4
4 · ServiceNow, Inc. · Filed May 18, 2026
Research Summary
AI-generated summary of this filing
ServiceNow (NOW) Principal Accounting Officer Danielle Fontaine Converts 1,459 RSUs
What Happened
Danielle Fontaine, Principal Accounting Officer at ServiceNow (NOW), had restricted stock units (RSUs) convert to common shares on May 15, 2026. A total of 1,459 RSUs vested and were converted into 1,459 shares. To satisfy tax withholding obligations, 506 shares were surrendered at a reported value of $95.07 per share (totaling about $48,106), leaving Fontaine with a net of 953 shares (worth roughly $90,602 at $95.07). The filing reports the conversion (derivative exercise) and the share-for-tax-withholding transactions.
Key Details
- Transaction date: May 15, 2026; Form 4 filed May 18, 2026 (no late filing indicated in this filing).
- Price used for valuation / withholding: $95.07 per share.
- Gross vested shares converted: 1,459 shares (total vested value ≈ $138,707).
- Shares surrendered for tax withholding: 506 shares (reported value ≈ $48,106).
- Net shares received: 953 shares (reported value ≈ $90,602).
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Footnotes: F1 notes shares were surrendered to cover federal/state tax withholding; F2 clarifies each RSU equals one share; F3–F5 describe that these RSUs vest in 16 equal quarterly installments with initial vest dates (May 17, 2023; May 15, 2025; May 15, 2026), subject to continued service.
Context
- This was a standard RSU vesting and net share settlement (conversion of RSUs and share withholding for taxes). For reporting, derivative code M indicates exercise/conversion of a derivative (here, RSUs); code F indicates shares withheld to cover tax obligations.
- Such tax-withholding share surrenders are routine and do not by themselves indicate an intent to buy or sell additional stock.
Insider Transaction Report
- Exercise/Conversion
Common Stock
2026-05-15+485→ 9,266 total - Tax Payment
Common Stock
[F1]2026-05-15$95.07/sh−168$15,972→ 9,098 total - Exercise/Conversion
Common Stock
2026-05-15+235→ 9,333 total - Tax Payment
Common Stock
[F1]2026-05-15$95.07/sh−82$7,796→ 9,251 total - Exercise/Conversion
Common Stock
2026-05-15+739→ 9,990 total - Tax Payment
Common Stock
[F1]2026-05-15$95.07/sh−256$24,338→ 9,734 total - Exercise/Conversion
Restricted Stock Units
[F2][F3]2026-05-15−485→ 1,460 total→ Common Stock (485 underlying) - Exercise/Conversion
Restricted Stock Units
[F2][F4]2026-05-15−235→ 2,590 total→ Common Stock (235 underlying) - Exercise/Conversion
Restricted Stock Units
[F2][F5]2026-05-15−739→ 11,097 total→ Common Stock (739 underlying)
Footnotes (5)
- [F1]Represents shares relinquished by the Reporting Person in exchange for the Issuer's payment of federal and state tax withholding obligations of the Reporting Person resulting from the vesting of RSUs, in accordance with Rule 16b-3.
- [F2]Each restricted stock unit represents a contingent right to receive one share of Issuer's common stock.
- [F3]The restricted stock units vest in 16 equal quarterly installments, with the first vesting having occurred on May 17, 2023, and subject to the reporting person's continued service to the Issuer on each vesting date.
- [F4]The restricted stock units vest in 16 equal quarterly installments, with the first vesting having occurred on May 15, 2025, and subject to the reporting person's continued service to the Issuer on each vesting date.
- [F5]The restricted stock units vest in 16 equal quarterly installments, with the first vesting having occurred on May 15, 2026, and subject to the reporting person's continued service to the Issuer on each vesting date.