ServiceNow Furnishes Regulation FD Disclosure Regarding Executive Stock Plans
Summary
ServiceNow announced that Chairman and CEO William R. McDermott, along with four other executives, terminated their 10b5-1 trading plans, cancelling all future planned sales of ServiceNow common stock. Additionally, on February 13, 2026, Mr. McDermott entered into a share purchase agreement to buy $3 million of ServiceNow common stock on February 27, 2026, at prevailing market prices.
Why It Matters
The termination of planned stock sales by multiple executives, coupled with the CEO's $3 million stock purchase, signals strong insider confidence in ServiceNow's future prospects, which could be viewed positively by investors.
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Filing Details
Reported Items
Additional Information
- CIK Number
- 0001373715
- Filing Date
- Tuesday, February 17, 2026
- Filing Time
- 12:00 AM UTC
- Form Type
- 8-K
- Materiality Level
- high
- Sentiment
- neutral