ServiceNow stock price ticks up as CEO lines up $3 million buy and executives scrap sale plans
ServiceNow shares rose about 1% to $106.98 Wednesday after a regulatory filing showed CEO Bill McDermott plans to buy $3 million of stock on Feb. 27. Several top executives, including McDermott, ended preset 10b5-1 selling plans. Traders are watching for the Form 4 disclosure after the scheduled purchase. The stock is down about 30% year-to-date.