Veeva officer plans $2M stock sale after $9M trade

Veeva Systems Inc. (VEEV) has a Form 144 notice indicating that officer Thomas Schwenger plans to sell 8,000 shares of common stock of Veeva.

Rhea-AI Filing Summary

Veeva Systems Inc. (VEEV) has a Form 144 notice indicating that officer Thomas Schwenger plans to sell 8,000 shares of common stock of Veeva. The shares are to be sold through Morgan Stanley Smith Barney LLC Executive Financial Services and are related to an exercise of stock options for cash dated 08/27/2026. The Form 144 also reports that, during the prior three months, Schwenger sold 36,000 shares on 08/13/2026 for approximately $9,008,388 and 5,000 shares on 07/16/2026 for $1,000,000. Veeva had 162,443,291 shares outstanding at the time stated.

Key Figures

Shares to be sold: 8,000 shares of common stock Aggregate market value of planned sale: $1,959,280.00 Shares outstanding: 162,443,291 shares +2 more

5 metrics

Shares to be sold 8,000 shares of common stock Planned sale reported for 08/27/2026 related to exercise of stock options

Aggregate market value of planned sale $1,959,280.00 Value associated with 8,000 shares of Veeva Systems Inc. common stock

Shares outstanding 162,443,291 shares Veeva Systems Inc. common stock shares outstanding as referenced

Recent 10b5-1 sale on 08/13/2026 36,000 shares for $9,008,388.00 10b5-1 sales for Thomas Schwenger during past 3 months

Recent 10b5-1 sale on 07/16/2026 5,000 shares for $1,000,000.00 10b5-1 sales for Thomas Schwenger during past 3 months

Key Terms

Form 144, Rule 144, 10b5-1, Exercise of Stock Options, +1 more

5 terms

Form 144 regulatory

"144: Filer Information ... 144: Issuer Information"

Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.

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.

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.

Exercise of Stock Options financial

"Common | 08/27/2026 | Exercise of Stock Options | Issuer"

Executive Financial Services financial

"Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza"

FAQ

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

What does the Form 144 filing disclose for VEEV?

The filing discloses that officer Thomas Schwenger intends to sell 8,000 shares of Veeva Systems Inc. common stock, related to an exercise of stock options for cash dated 08/27/2026, through Morgan Stanley Smith Barney LLC Executive Financial Services.

How many VEEV shares is Thomas Schwenger planning to sell under this notice?

Thomas Schwenger is planning to sell 8,000 shares of Veeva Systems Inc. common stock. These shares are tied to an exercise of stock options and are expected to be sold for cash on or around 08/27/2026.

What were Thomas Schwenger’s recent 10b5-1 sales of VEEV stock?

During the past three months, Thomas Schwenger reported two 10b5-1 sales: 36,000 shares on 08/13/2026 for about $9,008,388, and 5,000 shares on 07/16/2026 for $1,000,000.

What is the aggregate market value associated with the 8,000 VEEV shares in this Form 144?

The Form 144 lists an aggregate market value of approximately $1,959,280.00 for the 8,000 shares of Veeva Systems Inc. common stock covered by this notice.

How many VEEV shares were outstanding as referenced in the Form 144?

The Form 144 references 162,443,291 shares outstanding of Veeva Systems Inc. common stock, providing context for the relative size of the planned and recent sales.

Through which broker are the VEEV shares expected to be sold?

The Veeva Systems Inc. shares are expected to be sold through 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.

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Available on EDGAR 08/27/2026 - 04:20 PM EDT Accepted by SEC EDGAR 08/27/2026 - 04:20 PM EDT Learn about SEC filing dates

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 CALIFORNIA 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	8000	1959280.00	162443291	08/27/2026	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	08/27/2026	Exercise of Stock Options	Issuer			8000	08/27/2026	Cash

* 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 CA 94588	Common	08/13/2026	36000	9008388.00
10b5-1 Sales for THOMAS SCHWENGER 4280 Hacienda Drive Pleasanton CA 94588	Common	07/16/2026	5000	1000000.00

144: Remarks and Signature

Remarks
Date of Notice	08/27/2026
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 Schwenger
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)