Fipps Paul, President of Global Customer Ops, has filed 98 Form 4 transactions across two companies, with a total sell value of $3,364,441.75 and zero open-market purchases. His recent activity centers on ServiceNow (NOW), where he has been consistently selling shares. On August 31, 2026, he sold $300,777.14 worth of NOW stock in an open-market transaction. Earlier, on May 18, 2026, he sold $103,238.48. These are the only two open-market sales in the recent window, and they show a clear selling bias.
The bulk of Paul's other NOW transactions are mechanical. He has numerous option exercises (code M) paired with automatic share withholdings to cover taxes (code F). For example, on August 14, 2026, he exercised options and had $277,388, $55,056, and $46,624 withheld for tax purposes. Similar patterns appear on August 7 and August 17, with tax withholdings ranging from $3,746.40 to $205,552.48. These F transactions are not discretionary sales; they are standard settlements when options vest. Paul also received a grant (code A) of NOW stock on September 9, 2026, valued at $0, and an option exercise on September 8, 2026, also valued at $0.
His only other company is NetApp (NTAP), but there is no recent activity there in the provided data. Across all filings, Paul has never recorded a purchase (code P) or an acquisition with a positive dollar value. His total sell value of over $3.3 million comes entirely from the two open-market NOW sales. The pattern is one-sided: he sells when he can, and the rest of his filings are compensation-related mechanics.
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