Form 4: ServiceNow CFO Gina Mastantuono Reports Stock Transactions
SEC Form 4 Filing
Gina Mastantuono, CFO of ServiceNow, reports the acquisition and disposal of common stock and restricted stock units.
Summary
- On May 7, 2025, Gina Mastantuono acquired 789 shares of common stock and disposed of 425 shares to cover tax obligations related to vesting RSUs at a price of $983.29.
- On May 8, 2025, she disposed of 292 shares of common stock at a price of $985.
- These transactions were executed under a pre-arranged Rule 10b5-1 trading plan adopted on November 22, 2024.
- Following these transactions, Mastantuono directly owns 11,198 shares of common stock and 4,735 restricted stock units.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing stock transactions by a company executive. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are standard practice for company insiders to report transactions in their company's stock, ensuring transparency and compliance with securities regulations.
Comparison to Industry Standards
- Form 4 filings are a standard regulatory requirement for corporate insiders in publicly traded companies, including those comparable to ServiceNow such as Salesforce, Workday, and Oracle.
- The transactions reported are typical for executives who receive stock-based compensation and periodically sell shares to cover tax obligations or for personal financial planning, similar to practices observed among executives in peer companies.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the small volume of shares involved.
- The transactions are unlikely to significantly affect employees, customers, suppliers, or creditors.
Key Dates
| Date | Description |
|---|---|
| 11/22/2024 | Date of adoption of Rule 10b5-1 trading plan |
| 05/07/2025 | Acquisition of 789 common stock shares and disposal of 425 shares for tax obligations |
| 05/08/2025 | Disposal of 292 common stock shares |
| 05/09/2025 | Date of signature for the Form 4 filing |
Keywords
ServiceNow, Gina Mastantuono, Form 4, Stock Transactions, Restricted Stock Units, Rule 10b5-1, Insider Trading
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