Form 4: ServiceNow Executive Nicholas Tzitzon Reports Stock Transactions

Nicholas Tzitzon, Chief Strategy & Corporate Affairs Officer at ServiceNow, reports transactions involving common stock and restricted stock units.

Summary

• On August 7, 2024, Nicholas Tzitzon, Chief Strategy & Corporate Affairs Officer of ServiceNow, executed transactions involving ServiceNow's common stock and restricted stock units (RSUs).
• These transactions included the vesting of RSUs, the acquisition of common stock upon vesting, and the disposition of shares to cover tax withholding obligations.
• Specifically, 70 shares were acquired upon RSU vesting, and 34 shares were disposed of to cover taxes at a price of $776.28.
• Additionally, 130 shares were acquired upon RSU vesting, and 63 shares were disposed of to cover taxes at a price of $776.28.
• Following these transactions, Tzitzon directly owns 3,752 shares of common stock and 3,638 restricted stock units.

Sentiment

Score: 5

Explanation: This is a routine filing related to executive compensation and doesn't indicate any significant positive or negative sentiment.

Future Outlook

The remaining 90% of the shares subject to the restricted stock units will vest quarterly beginning on February 7, 2025, subject to the reporting person's continued service to the Issuer on each vesting date.

Industry Context

Form 4 filings are a routine part of executive compensation and provide transparency into insider transactions, which are closely monitored by investors.

Stakeholder Impact

• The transactions have a minor impact on shareholders as they involve a small number of shares relative to the total outstanding shares.

Key Dates