Fontaine Danielle 4

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.