VEEV (NYSE: VEEV) insider files to sell 38,000 shares under Rule 144
Rhea-AI Filing Summary
VEEV reporting person Thomas Schwenger filed a notice of proposed sale of up to 38,000 shares of common stock through Morgan Stanley Smith Barney LLC on the NYSE, with an aggregate market value of $9,177,380.00 and reference outstanding shares of 162,443,291.
The securities include 3,000 Restricted Stock Units granted on 10/01/2023 and 35,000 shares tied to an exercise of stock options dated 08/13/2026. Prior 10b5-1 plan sales during the past three months include 5,000 shares of common stock on 07/16/2026 for $1,000,000.00.
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Key Figures
Proposed shares to be sold: 38,000 shares
Aggregate market value of proposed sale: $9,177,380.00
Shares outstanding: 162,443,291 shares
+4 more
7 metrics
Proposed shares to be sold
38,000 shares
Maximum number of VEEV common shares listed for sale under Rule 144
Aggregate market value of proposed sale
$9,177,380.00
Aggregate market value for 38,000 shares of common stock
Shares outstanding
162,443,291 shares
Approximate number of VEEV common shares outstanding referenced in the filing
10b5-1 plan shares sold
5,000 shares
Common shares sold on 07/16/2026 under a 10b5-1 plan
Proceeds from 10b5-1 sale
$1,000,000.00
Total consideration for 5,000 shares sold on 07/16/2026
Restricted Stock Units
3,000 units
RSUs dated 10/01/2023 issued by the company
Stock options exercise-related shares
35,000 shares
Shares tied to exercise of stock options dated 08/13/2026
Key Terms
Rule 144, Restricted Stock Units, Exercise of Stock Options, 10b5-1, +1 more
5 terms
Rule 144 regulatory
"10b5-1 Sales for THOMAS SCHWENGER ... 144: Remarks and Signature"
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.
Exercise of Stock Options financial
"Common | 08/13/2026 | Exercise of Stock Options | Issuer"
10b5-1 regulatory
"10b5-1 Sales for THOMAS SCHWENGER 4280 Hacienda Drive Pleasanton CA 94588"
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.
Executive Financial Services financial
"Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza"
FAQ
What stock sale is disclosed for VEEV in this Form 144?
The filing discloses a proposed sale of up to 38,000 shares of VEEV common stock with an aggregate market value of $9,177,380.00, to be sold through Morgan Stanley Smith Barney LLC on the NYSE.
Who is the reporting person in the VEEV Form 144 filing?
The reporting person is Thomas Schwenger, associated with an address at 4280 Hacienda Drive, Pleasanton, CA 94588, who has filed to sell VEEV common stock under Rule 144 with broker Morgan Stanley Smith Barney LLC.
What types of equity awards are involved in the VEEV Form 144 notice?
The notice references Restricted Stock Units and stock options, including 3,000 RSUs dated 10/01/2023 and 35,000 shares related to an exercise of stock options dated 08/13/2026, both issued by the company.
Which broker is handling the proposed VEEV stock sale?
The proposed sale of up to 38,000 VEEV common shares is listed under Morgan Stanley Smith Barney LLC Executive Financial Services, located at 1 New York Plaza, 8th Floor, New York, NY 10004.
AI-generated analysis. How Rhea-AI works. Not financial advice.