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[Form 4] Veeva Systems Inc. Insider Trading Activity

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
4
Rhea-AI Filing Summary

Priscilla Hung, a director of Veeva Systems Inc. (VEEV), had 262 restricted stock units vest on September 1, 2025, and those RSUs were converted into 262 shares of Class A common stock at no cash price. After this transaction the reporting person beneficially owned 4,228 shares of Class A common stock and retained 787 unvested RSUs that remain subject to future vesting. The Form 4 indicates the underlying grant totaled 1,049 RSUs awarded on June 18, 2025, with 1/4 vesting on September 1, 2025 and the remainder scheduled to vest quarterly thereafter subject to continued board service.

Priscilla Hung, amministratrice di Veeva Systems Inc. (VEEV), ha visto vestire 262 unità di azioni vincolate (RSU) il 1° settembre 2025, convertite in 262 azioni di categoria A senza alcun pagamento in denaro. Dopo l’operazione la persona segnalante deteneva beneficiariamente 4.228 azioni di categoria A e conservava 787 RSU non ancora vestite, soggette a future vesting. Il Modulo 4 indica che la sovvenzione sottostante ammontava a 1.049 RSU assegnate il 18 giugno 2025, con 1/4 che è vestito il 1° settembre 2025 e il resto programmato per acquisire maturazione su base trimestrale, subordinatamente alla continuazione del servizio nel consiglio.

Priscilla Hung, directora de Veeva Systems Inc. (VEEV), tuvo 262 unidades restringidas de acciones (RSU) que vencieron el 1 de septiembre de 2025 y se convirtieron en 262 acciones ordinarias Clase A sin pago en efectivo. Tras esta operación, la persona informante poseía beneficiariamente 4.228 acciones Clase A y conservaba 787 RSU no vencidas que seguirán sujetas a futuros vestings. El Formulario 4 indica que la concesión subyacente fue de 1.049 RSU otorgadas el 18 de junio de 2025, con 1/4 que venció el 1 de septiembre de 2025 y el resto programado para vestirse trimestralmente, sujeto a la continuidad del servicio en la junta.

Veeva Systems Inc.(VEEV)� 이사� 프리실라 �(Priscilla Hung)은 2025� 9� 1일에 262주의 제한주식단위(RSU)가 베스트되� 현금 지� 없이 262주의 클래� A 보통주로 전환되었습니�. � 거래 � 보고자는 클래� A 보통� 4,228주를 실질적으� 보유하게 되었�, 향후 베스� 대상인 미베스트 RSU 787주를 보유하고 있습니다. 제출� Form 4에는 기초 부여가 2025� 6� 18일에 수여� � 1,049 RSU였으며, 그중 1/4은 2025� 9� 1일에 베스트되었고 나머지� 이사� 근무 지속을 조건으로 분기별로 베스트되도록 예정되어 있다� 기재되어 있습니다.

Priscilla Hung, administratrice de Veeva Systems Inc. (VEEV), a vu 262 unités d’actions restreintes (RSU) acquérir le droit le 1er septembre 2025, lesquelles ont été converties en 262 actions ordinaires de catégorie A sans contrepartie en espèces. À la suite de cette opération, la personne déclarante détenait de façon bénéficiaire 4 228 actions de catégorie A et conservait 787 RSU non acquises qui restent soumises à des acquisitions futures. Le formulaire 4 indique que la subvention sous-jacente totalisait 1 049 RSU attribuées le 18 juin 2025, dont 1/4 est devenu acquis le 1er septembre 2025 et le reste devant être acquis trimestriellement par la suite, sous réserve de la poursuite du mandat au conseil.

Priscilla Hung, Direktorin von Veeva Systems Inc. (VEEV), hatte am 1. September 2025 262 Restricted Stock Units (RSU), die in 262 Class‑A‑Stammaktien zu keinem Barpreis umgewandelt wurden, zugeteilt bekommen. Nach dieser Transaktion hielt die meldepflichtige Person wirtschaftlich 4.228 Class‑A‑Aktien und verbliebenen 787 unverfallte RSU, die weiterhin der zukünftigen Vesting‑Bedingung unterliegen. Das Formular 4 gibt an, dass die zugrundeliegende Zuteilung 1.049 RSU umfasste, die am 18. Juni 2025 gewährt wurden, wobei 1/4 am 1. September 2025 verfiel und der Rest anschließend vierteljährlich unter Fortsetzung der Vorstandszugehörigkeit zu vesten ist.

Positive
  • 262 RSUs vested on 09/01/2025 and were converted into 262 shares of Class A common stock at $0 price as reported
  • Beneficial ownership increased to 4,228 Class A common shares for the reporting person following the transaction
Negative
  • None.

Insights

TL;DR: A routine board-member equity vesting converted 262 RSUs into shares, increasing direct holdings to 4,228 shares; remaining 787 RSUs continue to vest.

This Form 4 documents a standard vesting event under the company's equity plan. The grant date (June 18, 2025) and the total grant size (1,049 RSUs) are disclosed, with 1/4 vesting on September 1, 2025 (262 RSUs) and the balance vesting quarterly. The transaction code and explanatory footnote identify the transfer as exempt under Rule 16b-6(b), consistent with typical director compensation settlements. The direct beneficial ownership and outstanding RSU balances are explicit in the filing.

TL;DR: Disclosure shows routine equity compensation vesting for a director; no departures, option exercises, or sales reported.

The filing provides clear mechanics: 262 RSUs vested and were reported as acquired shares at $0 price, and 787 RSUs remain unvested. The filing was submitted by an attorney-in-fact and is single-reporting-person. There are no indications of amendments, derivative exercises beyond RSU conversion, or atypical transaction codes. This is a routine governance disclosure reflecting standard board member equity vesting schedules.

Priscilla Hung, amministratrice di Veeva Systems Inc. (VEEV), ha visto vestire 262 unità di azioni vincolate (RSU) il 1° settembre 2025, convertite in 262 azioni di categoria A senza alcun pagamento in denaro. Dopo l’operazione la persona segnalante deteneva beneficiariamente 4.228 azioni di categoria A e conservava 787 RSU non ancora vestite, soggette a future vesting. Il Modulo 4 indica che la sovvenzione sottostante ammontava a 1.049 RSU assegnate il 18 giugno 2025, con 1/4 che è vestito il 1° settembre 2025 e il resto programmato per acquisire maturazione su base trimestrale, subordinatamente alla continuazione del servizio nel consiglio.

Priscilla Hung, directora de Veeva Systems Inc. (VEEV), tuvo 262 unidades restringidas de acciones (RSU) que vencieron el 1 de septiembre de 2025 y se convirtieron en 262 acciones ordinarias Clase A sin pago en efectivo. Tras esta operación, la persona informante poseía beneficiariamente 4.228 acciones Clase A y conservaba 787 RSU no vencidas que seguirán sujetas a futuros vestings. El Formulario 4 indica que la concesión subyacente fue de 1.049 RSU otorgadas el 18 de junio de 2025, con 1/4 que venció el 1 de septiembre de 2025 y el resto programado para vestirse trimestralmente, sujeto a la continuidad del servicio en la junta.

Veeva Systems Inc.(VEEV)� 이사� 프리실라 �(Priscilla Hung)은 2025� 9� 1일에 262주의 제한주식단위(RSU)가 베스트되� 현금 지� 없이 262주의 클래� A 보통주로 전환되었습니�. � 거래 � 보고자는 클래� A 보통� 4,228주를 실질적으� 보유하게 되었�, 향후 베스� 대상인 미베스트 RSU 787주를 보유하고 있습니다. 제출� Form 4에는 기초 부여가 2025� 6� 18일에 수여� � 1,049 RSU였으며, 그중 1/4은 2025� 9� 1일에 베스트되었고 나머지� 이사� 근무 지속을 조건으로 분기별로 베스트되도록 예정되어 있다� 기재되어 있습니다.

Priscilla Hung, administratrice de Veeva Systems Inc. (VEEV), a vu 262 unités d’actions restreintes (RSU) acquérir le droit le 1er septembre 2025, lesquelles ont été converties en 262 actions ordinaires de catégorie A sans contrepartie en espèces. À la suite de cette opération, la personne déclarante détenait de façon bénéficiaire 4 228 actions de catégorie A et conservait 787 RSU non acquises qui restent soumises à des acquisitions futures. Le formulaire 4 indique que la subvention sous-jacente totalisait 1 049 RSU attribuées le 18 juin 2025, dont 1/4 est devenu acquis le 1er septembre 2025 et le reste devant être acquis trimestriellement par la suite, sous réserve de la poursuite du mandat au conseil.

Priscilla Hung, Direktorin von Veeva Systems Inc. (VEEV), hatte am 1. September 2025 262 Restricted Stock Units (RSU), die in 262 Class‑A‑Stammaktien zu keinem Barpreis umgewandelt wurden, zugeteilt bekommen. Nach dieser Transaktion hielt die meldepflichtige Person wirtschaftlich 4.228 Class‑A‑Aktien und verbliebenen 787 unverfallte RSU, die weiterhin der zukünftigen Vesting‑Bedingung unterliegen. Das Formular 4 gibt an, dass die zugrundeliegende Zuteilung 1.049 RSU umfasste, die am 18. Juni 2025 gewährt wurden, wobei 1/4 am 1. September 2025 verfiel und der Rest anschließend vierteljährlich unter Fortsetzung der Vorstandszugehörigkeit zu vesten ist.

SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Hung Priscilla

(Last) (First) (Middle)
C/O VEEVA SYSTEMS INC.
4280 HACIENDA DRIVE

(Street)
PLEASANTON CA 94588

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
VEEVA SYSTEMS INC [ VEEV ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
09/01/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Class A Common Stock 09/01/2025 M(1) 262 A $0 4,228 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Units (2) 09/01/2025 M(1) 262 (3) (3) Class A Common Stock 262 $0 787 D
Explanation of Responses:
1. Transaction exempt from Section 16(b) of the Securities Exchange Act of 1934 (the "Act") pursuant to Rule 16b-6(b) promulgated under the Act.
2. Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of Class A Common Stock of the Issuer.
3. On June 18, 2025, the Reporting Person was granted 1,049 RSUs under the Issuer's Amended & Restated 2013 Equity Incentive Plan, of which 1/4 of the RSUs vested on September 1, 2025, with the remaining RSUs vesting equally on a quarterly basis thereafter, subject to continued service on the Issuer's board of directors on the applicable vesting date.
Remarks:
/s/ Liang Dong, attorney-in-fact 09/03/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What transaction did Priscilla Hung report on Form 4 for VEEV?

The Form 4 reports that 262 RSUs vested on 09/01/2025 and were converted into 262 shares of Class A common stock at no cash price.

How many RSUs were originally granted to the reporting person and when?

The filing states 1,049 RSUs were granted on June 18, 2025 under the issuer's equity incentive plan.

How many RSUs remain unvested after the September 1, 2025 vesting?

After the September 1 vesting, 787 RSUs remain subject to future quarterly vesting, per the disclosure.

What is the reporting person's total beneficial ownership after the transaction?

The Form 4 shows the reporting person beneficially owned 4,228 shares of Class A common stock following the reported transaction.

Was this transaction subject to any exemption or special rule?

Yes. The filing includes a footnote stating the transaction is exempt from Section 16(b) pursuant to Rule 16b-6(b).
Veeva Sys Inc

NYSE:VEEV

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VEEV Stock Data

44.12B
149.93M
8.55%
89.77%
2.83%
Health Information Services
Services-prepackaged Software
United States
PLEASANTON