ServiceNow General Counsel Elmer Russell sells 1,698 shares for $1.5M; stock down 25.1% from 52-week high, holdings reduced 28.2%
Elmer Russell, ServiceNow's General Counsel, sold 1,698 shares at $884.26 on 2025-08-20, reducing his post-transaction holdings to 4,332 shares from 6,030 (a 28.2% reduction). The sale occurred when NOW traded $175.39, which is -25.1% from its 52-week high of $234.08 and -8.9% over the prior 30 days. Notably, Russell's same-ticker history at NOW shows 5 prior sells, all of which achieved negative 90-day returns (ranging from -79.1% to -83.3%), indicating a consistent pattern of selling before subsequent declines. His cross-ticker track record similarly reflects 10 prior sells with an average 90-day return of -78.8% and a 90% well-timed rate, though current circumstances differ materially: the stock is already down significantly from recent highs, suggesting this latest sale occurs within an existing downtrend rather than ahead of one.