ServiceNow 8-K: Financials, Officer Changes, and Exhibits

TL;DR

ServiceNow dropped an 8-K detailing financials, exec moves, and exhibits from Oct 21.

AI Summary

ServiceNow, Inc. filed an 8-K on October 23, 2024, reporting on events that occurred on October 21, 2024. The filing primarily concerns the company's results of operations and financial condition, alongside updates regarding the departure or election of directors and officers, and compensatory arrangements. It also includes financial statements and exhibits.

Why It Matters

This 8-K filing provides crucial updates on ServiceNow's financial performance and any significant changes in its leadership or executive compensation, which can impact investor confidence and stock valuation.

Risk Assessment

Risk Level: low — This filing is a routine disclosure of operational results and corporate governance updates, not indicating any immediate financial distress or significant negative event.

Key Players & Entities

• ServiceNow, Inc. (company) — Registrant
• 2024-10-21 (date) — Date of earliest event reported
• 2024-10-23 (date) — Date of report
• 2225 Lawson Lane, Santa Clara, California 95054 (address) — Principal Executive Offices

FAQ

Key Financial Figures

• $0.001 — ich registered Common stock, par value $0.001 per share NOW The New York Stock Exchan
• $900,000 — eceive an initial annual base salary of $900,000 and a target annual cash bonus opportun
• $3,000,000 — ides Mr. Zavery a sign-on cash bonus of $3,000,000, subject to repayment under certain con
• $29,000,000 — mpany equity with a grant date value of $29,000,000 that will consist of a time-based restr
• $23,200,000 — ject to the RSU Grant shall be equal to $23,200,000 divided by the average daily closing pr
• $5,800,000 — ect to the PRSU Grant shall be equal to $5,800,000 divided by the average daily closing pr

Filing Documents

• now-20241021.htm (8-K) — 37KB
• ex101employmentagreement.htm (EX-10.1) — 110KB
• erq3fy24.htm (EX-99.1) — 486KB
• prnewleadership.htm (EX-99.2) — 8KB
• image.jpg (GRAPHIC) — 5KB
• image_0.jpg (GRAPHIC) — 0KB
• image_3.jpg (GRAPHIC) — 3KB
• 0001373715-24-000342.txt ( ) — 831KB
• now-20241021.xsd (EX-101.SCH) — 2KB
• now-20241021_lab.xml (EX-101.LAB) — 21KB
• now-20241021_pre.xml (EX-101.PRE) — 12KB
• now-20241021_htm.xml (XML) — 3KB

02 Results of Operations and Financial Condition

Item 2.02 Results of Operations and Financial Condition. On October 23, 2024, ServiceNow, Inc. ("ServiceNow" or the "Company") issued a press release announcing financial results for the three months ended September 30, 2024. A copy of the press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated by reference herein. The information above, including Exhibit 99.1, is furnished pursuant to Item 2.02 of Form 8-K and is not deemed to be "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to liabilities of that section, nor shall it be deemed incorporated by reference in any filing of ServiceNow under the Securities Act of 1933, as amended (the "Securities Act"), or the Exchange Act, whether made before or after the date hereof and irrespective of any general incorporation language in any filings. Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On October 21, 2024, the Board of Directors (the "Board") of the Company appointed Amit Zavery, age 53, as President, Chief Product Officer and Chief Operating Officer of the Company, effective October 28, 2024. Mr. Zavery joins the Company from Alphabet Inc., a multinational technology company, where he served as VP/GM and Head of Platform, Google Cloud from March 2019. Prior to joining Google Cloud, Mr. Zavery served in various leadership roles at Oracle Corporation, a multinational computer technology company, from December 1994 to March 2019 - most recently as its Executive Vice President and Corporate Officer, Product Development. In addition, Mr. Zavery has served on the Board of Directors of Broadridge Financial Solutions, Inc., a financial technology company, since June 2019. Mr. Zavery studied electrical and computer engineering at the University of Texas at Austin, received his M.S. in i

01 Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits. (d) Exhibits. 10.1 Employment Agreement dated September 17, 2024, between the Company and Amit Zavery 99.1 Press release dated October 23, 2024, announcing ServiceNow, Inc.'s financial results for the three months ended September 30, 2024 99.2 Press release dated October 23, 2024, announcing the appointment of Amit Zavery as President, Chief Product Officer and Chief Operating Officer 104 Cover Page Interactive Data File – the cover page XBRL tags are embedded within the Inline XBRL document

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. S ERVICE N OW , I NC . By: /s/ Russell S. Elmer Russell S. Elmer General Counsel Date: October 23, 2024