Form 4: ServiceNow Director Paul Chamberlain Sells 300 Shares Under 10b5-1 Plan

Paul Edward Chamberlain, a director of ServiceNow, Inc., sold 300 shares of common stock at a price of $982.4 per share on February 13, 2025, under a pre-arranged Rule 10b5-1 trading plan.

Summary

• On February 13, 2025, Paul Edward Chamberlain, a director of ServiceNow, Inc., sold 300 shares of common stock.
• The sale was executed at a price of $982.4 per share.
• The transaction was conducted under a Rule 10b5-1 trading plan adopted on August 30, 2024.
• Following the transaction, Chamberlain directly owns 10,167 shares of ServiceNow common stock.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing related to an insider stock sale under a pre-arranged trading plan, indicating a neutral sentiment.

Industry Context

Sales by insiders are a normal part of corporate activity. Rule 10b5-1 plans are commonly used to allow insiders to sell shares without being accused of trading on non-public information.

Stakeholder Impact

• The sale of shares by a director could have a minor impact on shareholder sentiment, but is unlikely to have a significant impact given the relatively small number of shares sold and the existence of a pre-arranged trading plan.

Key Dates