Form 4: ServiceNow Director Jeffrey A. Miller Reports Stock Option Exercise and Sale

Sentiment:

SEC Form 4 Filing


Director Jeffrey A. Miller of ServiceNow, Inc. reports exercising stock options and selling shares on July 29, 2024.

Summary

  • On July 29, 2024, Jeffrey A. Miller, a director of ServiceNow, Inc., exercised stock options to acquire 3,286 shares of common stock at a price of $77.7 per share.
  • Simultaneously, Miller sold 3,286 shares of common stock at $808.27 per share.
  • Following these transactions, Miller directly owns 428 shares of ServiceNow common stock.
  • Miller also indirectly owns 45,799 shares through a trust.
  • 5,759 shares previously reported as held directly by the reporting person are now held indirectly by trust of which the reporting person is co-trustee.

Sentiment

Score: 5

Explanation: This is a neutral report of stock transactions. It doesn't inherently indicate positive or negative sentiment about the company's performance.

Industry Context

This Form 4 filing is a routine disclosure of insider transactions, providing transparency to the market regarding the buying and selling activities of company directors. It's a standard practice for publicly traded companies and their executives.

Stakeholder Impact

  • The transactions may have a minor impact on shareholders due to the change in ownership, but the overall effect is likely minimal.

Key Dates

DateDescription
June 8, 2016Stock option grant fully vested
June 10, 2025Expiration date of the stock option
July 29, 2024Date of stock option exercise and sale
July 31, 2024Date of Form 4 filing

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