ServiceNow announced that its top executives, including CEO William R. McDermott, have terminated their Rule 10b5-1 trading plans, halting future pre-planned stock sales. McDermott further signaled confidence in the company by entering an agreement to purchase $3 million of ServiceNow shares on February 27, 2026. These actions suggest a stronger alignment between executive interests and shareholder value, potentially influencing investor perception positively.
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ServiceNow CEO Plans Significant Insider Share Purchase
ServiceNow announced that its top executives, including CEO William R. McDermott, have terminated their Rule 10b5-1 trading plans, halting future pre-planned stock sales. McDermott further signaled confidence in the company by entering an agreement to purchase $3 million of ServiceNow shares on February 27, 2026. These actions suggest a stronger alignment between executive interests and shareholder value, potentially influencing investor perception positively.