ServiceNow executives cancel 10b5-1 plans; CEO to buy $3M of shares
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ServiceNow cancelled planned insider sales under 10b5-1 and CEO William R. McDermott agreed to buy $3 million of shares.
Key Highlights:
- Five senior executives terminated their Rule 10b5-1 trading plans, cancelling all future planned sales of ServiceNow common stock.
- CEO William R. McDermott entered a purchase agreement to acquire $3 million of ServiceNow shares on Feb 27, 2026 at market prices.
- The Feb 27 purchase date is the earliest McDermott can buy without incurring Section 16 short-swing profit liability.
- The purchase will be reported on a Form 4 when required; the 8-K disclosure is furnished, not filed, under Exchange Act rules.
Original SEC Filing: ServiceNow, Inc. [ NOW ] - 8-K - Feb. 17, 2026
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