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

ServiceNow Director Paul Edward Chamberlain sold 300 shares of common stock for $808 per share on November 28, 2025, under a pre-arranged 10b5-1 trading plan.

Summary

• Paul Edward Chamberlain, a Director of ServiceNow, Inc. (NOW), reported a sale of common stock.
• The transaction involved the disposition of 300 shares of ServiceNow common stock.
• The shares were sold at a price of $808 per share.
• The transaction occurred on November 28, 2025.
• Following this transaction, Mr. Chamberlain directly beneficially owns 9,586 shares of ServiceNow common stock.
• The sale was executed pursuant to a Rule 10b5-1 trading plan adopted by Mr. Chamberlain on August 29, 2025.

Sentiment

Score: 5

Explanation: This is a routine disclosure of an insider stock sale executed under a pre-arranged 10b5-1 trading plan, which is a common practice for corporate insiders to manage their equity holdings. It does not inherently convey positive or negative sentiment about the company's prospects.

Future Outlook

This Form 4 filing reports a past insider transaction and does not contain any forward-looking statements or guidance regarding the company's future outlook.

Industry Context

SEC Form 4 filings are standard disclosures required for company insiders (directors, officers, and 10% owners) to report changes in their beneficial ownership of the company's securities. Transactions executed under a Rule 10b5-1 trading plan, as in this case, are pre-scheduled to avoid accusations of trading on material non-public information, making them routine and generally less indicative of insider sentiment than unscheduled trades.

Stakeholder Impact

• Shareholders: The sale represents a minor reduction in a director's direct ownership, which is a routine event and typically has minimal impact on the broader shareholder base or company valuation, especially when conducted under a 10b5-1 plan.

Key Dates

Keywords

ServiceNow, NOW, Form 4, Insider Trading, Director Stock Sale, Paul Edward Chamberlain, 10b5-1 Plan, Equity Transaction, Beneficial Ownership