---
schema_version: "secwatch.filing_event.v1"
accession: "0001373715-24-000426"
form_type: "8-K"
ticker: "NOW"
cik: "0001373715"
company_name: "ServiceNow, Inc."
filed_at: "2024-12-27T23:59:59+00:00"
generated_at: "2026-05-28T22:59:56.554524+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.35
calibrated_materiality_score: 0.35
confidence: "high"
source: SEC EDGAR
---

# ServiceNow adopts new Executive Severance Policy for CEO, CFO, CHRO effective Jan 1, 2025

## Summary
- Bill McDermott (CEO) eligible for 2x base salary + target bonus upon change-in-control termination, with 24 months COBRA.
- Other eligible execs (CFO Gina Mastantuono, CHRO Jaqueline Canney) get 1.5x base salary + target bonus on change-in-control termination.
- Non-change-in-control severance: CEO gets 1x base salary + actual bonus; other execs also get 1x base salary.
- Equity: full acceleration of unvested RSUs and performance-based RSUs on change-in-control; partial on non-change-in-control.

## SEC filing metadata
- accession: 0001373715-24-000426
- form_type: 8-K
- ticker: NOW
- cik: 0001373715
- company_name: ServiceNow, Inc.
- filed_at: 2024-12-27T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.35
- calibrated_materiality_score: 0.35
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1373715/000137371524000426/0001373715-24-000426-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1373715/000137371524000426/now-20241224.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001373715-24-000426
- JSON: https://secwatch.observer/filing/0001373715-24-000426.json
- Plain text: https://secwatch.observer/filing/0001373715-24-000426.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.