Form 4: ServiceNow Executive Kevin Thomas McBride Reports Stock Transactions
SEC Form 4 Filing
Kevin Thomas McBride, Principal Accounting Officer at ServiceNow, reports the vesting of restricted stock units and subsequent tax withholding.
Summary
- On May 16, 2025, Kevin Thomas McBride, Principal Accounting Officer of ServiceNow, engaged in transactions involving ServiceNow common stock.
- McBride acquired 47 shares of common stock upon the vesting of restricted stock units (RSUs) at a price of $0.
- Simultaneously, McBride relinquished 23 shares to cover federal and state tax withholding obligations related to the RSU vesting, with these shares valued at $1,040.18 each.
- Following these transactions, McBride directly owns 4,764 shares of ServiceNow common stock and 331 restricted stock units.
- The transactions were executed according to Rule 16b-3, which pertains to tax withholding obligations.
Sentiment
Score: 5
Explanation: The document reflects standard executive compensation activity, with no indication of unusual or concerning transactions. It's a neutral event.
Industry Context
Form 4 filings are a routine part of executive compensation and provide transparency into insider transactions, allowing investors to track ownership changes and potential alignment with company performance.
Stakeholder Impact
- The transactions have a minimal direct impact on stakeholders, as they relate to routine executive compensation.
Key Dates
| Date | Description |
|---|---|
| 05/17/2023 | First vesting date of the restricted stock units. |
| 05/16/2025 | Date of the reported transactions: RSU vesting and tax withholding. |
| 05/20/2025 | Date of signature for the Form 4 filing. |
Keywords
ServiceNow, Kevin Thomas McBride, Stock Transactions, Form 4, Restricted Stock Units, RSU, Tax Withholding, Beneficial Ownership, Securities Exchange Act, Principal Accounting Officer
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