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.
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.
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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 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.