Fipps Paul (President, Global Customer Ops) sold 9,641 shares of NOW at $105.93 on 2026-02-18; holdings reduced 45.1% to 11.8K shares
Fipps Paul executed a substantial sale, reducing his ServiceNow stake by 45.1% (from 21,397 to 11,756 shares). His prior sell at NOW on 2025-08-20 delivered 90-day returns of -81.7%, marking a well-timed exit. The current transaction occurs amid a challenging price environment: NOW has declined 48.6% from its 52-week high of $208.94 and is down 34.0% over the past 90 days, with the sale occurring at $105.93 versus today's $107.37. His cross-ticker track record shows 1 prior sell with an average 90-day return of -81.7% and a well-timed rate of 100.00%, indicating a historical pattern of selling before subsequent downturns. The company's fundamentals remain solid with $3.4B quarterly revenue and 20.9% annual revenue growth, though the P/E of 54.78 reflects elevated valuation amid sector weakness.