Deals between NOW and its directors, executives, owners of more than 5% or their families: a relative on the payroll,
a plane the company charters from its CEO, a director's company that buys from it. SEC rules (Item 404) make the company list every such deal over $120,000 in its proxy statement.
Below: what the proxy filed 2026-04-06 reports that the one filed 2025-04-04 did not, quoted as filed.
New this year
2 new
Paragraphs about a deal, a person or a relative with nothing like them in the proxy filed 2025-04-04.
Review and Approval of Related Party Transactions
“Related Party Transactions. The Company engaged Jeff Miller, a former director, to serve as Chancellor Emeritus of ServiceNow University for one year in exchange for $365,000 in cash compensation. ServiceNow University is our free learning hub, open to organizations and individuals throughout the ServiceNow ecosystem, that provides professional development tools and resources to strengthen technical AI skills, industry knowledge and leadership capabilities.”
Read it in the proxy ↗
Review and Approval of Related Party Transactions
“The daughter of our executive officer, Mr. Fipps, accepted an offer of employment with the Company to start later this year. Her annual compensation, which will exceed $120,000, is commensurate with the compensation of her peers and has been established in accordance with the Company’s compensation practices applicable to employees with equivalent qualifications, experience and responsibilities.”
Read it in the proxy ↗
The whole section 4 paragraphs, proxy filed 2026-04-06
Review and Approval of Related Party Transactions
“We have a written Related Party Transactions Policy that requires review and approval of all relationships and transactions exceeding $120,000 in which the Company is a participant and in which a “related person” (including any director, director nominee, executive officer or greater than 5% beneficial owner of our common stock or any immediate family member of the foregoing) has a direct or indirect material interest. In determining whether to approve or ratify such transactions, our Audit Committee considers the relevant and available facts and circumstances, including, for example, the extent of the related person’s interest in the transaction, the material facts of the transaction, the aggregate value of such transaction and whether the transaction is on terms no less favorable than those generally available to an unaffiliated third-party under the same or similar circumstances.”
Read it in the proxy ↗
Review and Approval of Related Party Transactions
“Related Party Transactions. The Company engaged Jeff Miller, a former director, to serve as Chancellor Emeritus of ServiceNow University for one year in exchange for $365,000 in cash compensation. ServiceNow University is our free learning hub, open to organizations and individuals throughout the ServiceNow ecosystem, that provides professional development tools and resources to strengthen technical AI skills, industry knowledge and leadership capabilities.”
Read it in the proxy ↗
Review and Approval of Related Party Transactions
“The daughter of our executive officer, Mr. Fipps, accepted an offer of employment with the Company to start later this year. Her annual compensation, which will exceed $120,000, is commensurate with the compensation of her peers and has been established in accordance with the Company’s compensation practices applicable to employees with equivalent qualifications, experience and responsibilities.”
Read it in the proxy ↗
Indemnification Agreements
“We have entered into indemnification agreements with each of our directors and executive officers. The indemnification agreements and our Bylaws require us to indemnify our directors to the fullest extent permitted by Delaware law. Subject to certain limitations, our indemnification agreements and Bylaws also require us to advance certain expenses incurred by our directors and officers.”
Read it in the proxy ↗
Paragraphs are compared by their words, not read by AI: one counts as new when no paragraph last year shares half of its words, or when it names a person or company last year's section did not.
A deal reported again with a new amount is not new. Always check the filing.
Open the proxy ↗ · Last year's proxy ↗
