[144] VEEVA SYSTEMS INC SEC Filing

Rhea-AI Filing Summary

VEEVA SYSTEMS INC Form 144 shows a proposed insider sale of 14,595 shares of Class A Common Stock through Merrill Lynch on 10/02/2025 with an aggregate market value of $4,378,500.00. The shares were acquired on 10/02/2025 via an exercise of employee stock options and the payment method listed is a broker assisted cashless exercise. The filer also disclosed a prior sale on 07/10/2025 of 720 shares for $205,646.40. The notice includes the standard insider representation that the seller has no undisclosed material information. The form otherwise supplies broker, share count, acquisition and sale dates, and transaction nature but does not provide the identity of the selling person beyond the prior sale line.

Positive

• 14,595 shares were acquired via exercise of employee stock options, indicating vested compensation
• Transaction uses a broker assisted cashless exercise, which is a common and immediate settlement method

Negative

• Proposed insider sale of 14,595 shares with an aggregate market value of $4,378,500.00
• Prior insider sale of 720 shares on 07/10/2025 for $205,646.40

Insights

Corporate Governance Analyst

Insider plans to liquidate recently exercised shares totaling $4.38M.

The filing discloses a proposed sale of 14,595 shares on 10/02/2025, acquired that same day via option exercise and converted through a broker assisted cashless exercise. This is a standard post‑exercise disposition in which proceeds are realized immediately.

The filing also records a prior sale of 720 shares on 07/10/2025 generating $205,646.40, showing recent insider activity but no additional commentary on intent or firm-level impact.

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

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

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

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
Class A Common Stock	Merrill Lynch 225 Liberty St Floor 37 New York NY 10281	14595	4378500.00	163908013	10/02/2025	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 *
Class A Common Stock	10/02/2025	Exercise of employee stock options	VEEVA SYSTEMS INC			14595	10/02/2025	Broker assisted cashless exercise

* 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
Jonathan Faddis 4280 HACIENDA DRIVE PLEASANTON CA 94588	Class A Common Stock	07/10/2025	720	205646.40

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

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

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does VEEV Form 144 disclose about the proposed sale?

It discloses a proposed sale of 14,595 Class A shares via Merrill Lynch on 10/02/2025 with aggregate market value $4,378,500.00.

How were the 14,595 shares acquired according to the filing?

The filing states the shares were acquired on 10/02/2025 by exercise of employee stock options and paid via a broker assisted cashless exercise.

Did the filer sell any VEEV shares recently before this proposed sale?

Yes. A prior sale on 07/10/2025 of 720 shares produced $205,646.40 in gross proceeds.

Which broker is handling the proposed sale in the Form 144?

The broker named is Merrill Lynch at 225 Liberty St, New York, NY.

Does the Form 144 state the seller has undisclosed material information?

By signing, the person represents they do not know any material adverse information about the issuer that is not publicly disclosed.