ServiceNow, Inc. President and Chief Legal Officer Hossein Nowbar filed a Form 4 on October 28, 2026, reporting the acquisition of 79,078 restricted stock units on October 26, 2026.

Key Highlights

  • Reporting person: Hossein Nowbar, President and Chief Legal Officer of ServiceNow, Inc. (NYSE:NOW)
  • Security acquired: 79,078 restricted stock units (RSUs), each representing a contingent right to receive one share of common stock
  • Transaction date: October 26, 2026, with a price of $0
  • Vesting schedule: 25% on December 31, 2027; 35% on December 31, 2028; and 40% on December 31, 2029
  • Vesting condition: Subject to the reporting person's continued service to the issuer through each vesting date
  • Beneficial ownership following transaction: 79,078 derivative securities held directly

Nowbar RSU Grant Details and Vesting Terms

According to the filing, Hossein Nowbar, who serves as President and Chief Legal Officer of ServiceNow, Inc., acquired 79,078 restricted stock units on October 26, 2026. The transaction was reported under transaction code "A," indicating an acquisition. The price of the derivative security is listed as $0, consistent with a grant rather than a purchase.

The filing discloses that each RSU "represents a contingent right to receive one share of Issuer's common stock." The underlying security is ServiceNow common stock, with the number of shares underlying the RSUs equal to the 79,078 units awarded. Following the reported transaction, Nowbar beneficially owns 79,078 derivative securities directly, as stated in the filing.

The RSUs are scheduled to vest in three tranches: 25% on December 31, 2027; 35% on December 31, 2028; and 40% on December 31, 2029. The filing specifies that vesting is "subject to the reporting person's continued service to the Issuer through each vesting date." The Form 4 was signed by Hossein Nowbar and filed on October 28, 2026.

What Was Disclosed

A Form 4 filed October 28, 2026 reported that ServiceNow President and Chief Legal Officer Hossein Nowbar acquired 79,078 RSUs on October 26, 2026, with a three-tranche vesting schedule running through December 31, 2029, contingent on continued service.