ServiceNow Chairman & CEO Bill McDermott Granted 349,900 RSUs

Transaction Overview

On October 26, 2026, William R. McDermott, Chairman and CEO of ServiceNow, Inc. ($NOW), was granted 349,900 Restricted Stock Units (RSUs) under the company's equity incentive compensation program. The transaction was filed on Form 4 on October 28/29, 2026.

Key Details

• Security: Restricted Stock Units (contingent right to receive one share of Common Stock per unit)
• Transaction Code: A (Grant, award, or other acquisition pursuant to Rule 16b-3)
• Shares Awarded: 349,900 RSUs
• Conversion/Exercise Price: $0.00
• Ownership: Direct
• Post-Transaction Holdings: 349,900 RSUs (from this grant)

Vesting Terms

According to the footnotes:

• 25% vests on December 31, 2027
• 35% vests on December 31, 2028
• 40% vests on December 31, 2029
• Vesting is subject to continued service to the Issuer through each vesting date.

Market & Trading Significance

This transaction represents an equity compensation grant rather than an open-market purchase or sale. Because grants are scheduled components of executive compensation approved by the board's compensation committee, they do not convey discretionary sentiment or direct market-timing signals. The trading significance is assessed as Low.