Form 4: ServiceNow CFO Gina Mastantuono Reports Stock Transactions
SEC Form 4 Filing
Gina Mastantuono, CFO of ServiceNow, reports the vesting of restricted stock units and subsequent tax withholding, resulting in changes to her beneficial ownership of company stock.
Summary
- On May 17, 2024, Gina Mastantuono, the CFO of ServiceNow, engaged in transactions involving ServiceNow's common stock.
- She acquired 319 shares of common stock through the vesting of restricted stock units (RSUs).
- Simultaneously, she relinquished 172 shares to cover federal and state tax withholding obligations related to the RSU vesting at a price of $765.05 per share.
- Following these transactions, Mastantuono's direct ownership of common stock decreased from 15,262 to 15,090 shares.
- She also holds 3,509 restricted stock units.
Sentiment
Score: 5
Explanation: This is a neutral report of stock transactions, with no inherent positive or negative sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company executive, which is common practice for publicly traded companies. It provides transparency into the executive's holdings and transactions in the company's stock.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they reflect routine executive compensation and tax obligations.
Key Dates
| Date | Description |
|---|---|
| 05/17/2023 | First vesting date of restricted stock units. |
| 05/17/2024 | Date of stock transactions: RSU vesting and tax withholding. |
| 05/21/2024 | Date of signature on the Form 4 filing. |
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