Veeva exec plans $787K Rule 144 stock sale

Officer Thomas D. Schwenger has filed a Rule 144 notice to sell 3,000 VEEV shares, following recent 10b5-1 plan sales.

Accepted by SEC EDGAR 09/14/2026 - 04:45 PM EDT Learn about SEC filing dates

Rhea-AI Filing Summary

VEEVA SYSTEMS INC (VEEV) has a notice under Rule 144 for planned sales of its common stock by officer Thomas D. Schwenger. The notice covers 3,000 shares of common stock with an aggregate market value of $787,200, compared against 161,908,850 shares of common stock outstanding. In the prior three months, Schwenger reported additional Rule 10b5-1 sales totaling 51,000 shares of common stock for about $12.8 million in proceeds.

Key Figures

Shares to be sold: 3,000 shares Aggregate market value of shares to be sold: $787,200.00 Shares outstanding: 161,908,850 shares +3 more

6 metrics

Shares to be sold 3,000 shares Common stock covered by the current Rule 144 notice

Aggregate market value of shares to be sold $787,200.00 Indicated value for the 3,000 shares of common stock

Shares outstanding 161,908,850 shares Common stock outstanding used as reference in the notice

10b5-1 sale on August 27, 2026 10,000 shares; $2,813,300.00 Common stock sold by Thomas Schwenger under a 10b5-1 plan

10b5-1 sale on August 13, 2026 36,000 shares; $9,008,388.00 Common stock sold by Thomas Schwenger under a 10b5-1 plan

10b5-1 sale on July 16, 2026 5,000 shares; $1,000,000.00 Common stock sold by Thomas Schwenger under a 10b5-1 plan

Key Terms

Rule 144, Restricted Stock Units, 10b5-1, NYSE

4 terms

Rule 144 regulatory

"See the definition of "person" in paragraph (a) of Rule 144"

Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.

Restricted Stock Units financial

"Common | 10/01/2023 | Restricted Stock Units | Issuer"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

10b5-1 regulatory

"10b5-1 Sales for THOMAS SCHWENGER 4280 Hacienda Drive"

A 10b5-1 plan is a pre-set schedule that lets company insiders buy or sell shares according to written instructions made when they do not possess material, nonpublic information. Think of it as a timed automatic payment for stock trades: it helps insiders avoid accusations of trading on secret information and gives outside investors a clearer signal about whether sales are routine or potentially informative about the company’s prospects.

NYSE market

"161908850 | 09/14/2026 | NYSE"

A large, regulated marketplace where stocks and other securities are listed and traded, acting like a global auction house that matches buyers and sellers and helps determine share prices. It matters to investors because listing and trading there provide liquidity, price discovery, and regulatory oversight—making it easier to buy or sell holdings and giving companies a visible platform that can affect credibility and access to capital.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What volume of VEEV shares is covered by Thomas Schwenger’s latest Rule 144 notice?

The notice covers 3,000 shares of Veeva Systems Inc. common stock, with an indicated aggregate market value of $787,200 as shown in the Rule 144 securities information section.

How many VEEV shares are outstanding according to this Rule 144 notice?

The notice lists 161,908,850 shares of Veeva Systems Inc. common stock outstanding, which serves as the reference share count for the Rule 144 disclosure.

What VEEV shares has Thomas Schwenger sold in the past three months under 10b5-1 plans?

Over the past three months, Thomas Schwenger reported Rule 10b5-1 sales of 10,000 shares on August 27, 2026, 36,000 shares on August 13, 2026, and 5,000 shares on July 16, 2026.

What were the total proceeds from recent 10b5-1 sales of VEEV stock?

Recent 10b5-1 sales by Thomas Schwenger generated proceeds of $2,813,300 on August 27, 2026, $9,008,388 on August 13, 2026, and $1,000,000 on July 16, 2026, according to the Rule 144 disclosure.

What type of VEEV securities are being sold under this Rule 144 notice?

The securities are common stock of Veeva Systems Inc., related to Restricted Stock Units dated October 1, 2023, with 3,000 shares indicated to be sold through the listed broker.

On which market is VEEVA SYSTEMS INC common stock listed in this notice?

The Rule 144 disclosure identifies the trading market as the NYSE for Veeva Systems Inc. common stock referenced in the planned sale of 3,000 shares.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK	0001788226
Filer CCC	XXXXXXXX
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer	VEEVA SYSTEMS INC
SEC File Number	001-36121
Address of Issuer	4280 Hacienda Drive Pleasanton GEORGIA 94588
Phone	9254526500
Name of Person for Whose Account the Securities are To Be Sold	THOMAS SCHWENGER
See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.
Relationship to Issuer	Officer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	3000	787200.00	161908850	09/14/2026	NYSE

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	10/01/2023	Restricted Stock Units	Issuer			3000	10/01/2023	N/A

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
10b5-1 Sales for THOMAS SCHWENGER 4280 Hacienda Drive Pleasanton GA 94588	Common	08/27/2026	10000	2813300.00
10b5-1 Sales for THOMAS SCHWENGER 4280 Hacienda Drive Pleasanton GA 94588	Common	08/13/2026	36000	9008388.00
10b5-1 Sales for THOMAS SCHWENGER 4280 Hacienda Drive Pleasanton GA 94588	Common	07/16/2026	5000	1000000.00

144: Remarks and Signature

Remarks
Date of Notice	09/14/2026
Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1	10/14/2025
ATTENTION:
The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.
Signature	/s/ Thomas D. Schwenger
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)