Veeva Systems ex-officer proposes $37.1M share sale

The notice also lists four earlier sales by former officer Thomas D. Schwenger between July 16 and September 14, 2026.

Rhea-AI Filing Summary

Veeva Systems Inc. former officer Thomas D. Schwenger reported a proposed sale of 132,751 common shares, with an aggregate market value of $37,134,886.63. The notice lists October 5, 2026, as the approximate sale date, Morgan Stanley Smith Barney LLC as broker, and NYSE as the exchange. It lists the shares as acquired from the issuer through a stock option exercise for cash on October 5, 2026.

Key Figures

Proposed sale: 132,751 common shares Aggregate market value: $37,134,886.63 Reported past sale: 1,000 shares; $265,200 +3 more

6 metrics

Proposed sale 132,751 common shares Approximate sale date October 5, 2026

Aggregate market value $37,134,886.63 Proposed sale

Reported past sale 1,000 shares; $265,200 September 14, 2026

Reported past sale 10,000 shares; $2,813,300 August 27, 2026

Reported past sale 36,000 shares; $9,008,388 August 13, 2026

Reported past sale 5,000 shares; $1,000,000 July 16, 2026

Key Terms

Rule 144, Stock Option Exercise, NYSE

3 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.

Stock Option Exercise financial

"Stock Option Exercise"

A stock option exercise is the act of using a previously granted right to buy shares of a company's stock at a specific, predetermined price by paying that price and receiving the shares. It matters to investors because exercising changes who owns the shares (which can dilute existing ownership), can trigger taxable events and shift potential gains or losses, and affects voting power and the company’s outstanding share count—like turning a voucher into an actual product that becomes part of circulating supply.

NYSE financial

"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.

How many VEEV shares is Thomas D. Schwenger proposing to sell?

Thomas D. Schwenger reported a proposed sale of 132,751 common shares, with an aggregate market value of $37,134,886.63.

What prior VEEV sales did Thomas Schwenger report?

The notice lists 1,000 shares for $265,200 on September 14, 2026; 10,000 shares for $2,813,300 on August 27, 2026; 36,000 shares for $9,008,388 on August 13, 2026; and 5,000 shares for $1,000,000 on July 16, 2026.

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

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Available on EDGAR 10/05/2026 - 04:44 PM Accepted by SEC EDGAR 10/05/2026 - 04:43 PM 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	(925) 452-6500
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	Former 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	132751	37134886.63	161908850	10/05/2026	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	10/05/2026	Stock Option Exercise	Issuer			132751	10/05/2026	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
THOMAS SCHWENGER 4280 Hacienda Drive Pleasanton CA 94588	Common	09/14/2026	1000	265200.00
THOMAS SCHWENGER 4280 Hacienda Drive Pleasanton CA 94588	Common	08/27/2026	10000	2813300.00
THOMAS SCHWENGER 4280 Hacienda Drive Pleasanton CA 94588	Common	08/13/2026	36000	9008388.00
THOMAS SCHWENGER 4280 Hacienda Drive Pleasanton CA 94588	Common	07/16/2026	5000	1000000.00

144: Remarks and Signature

Remarks
Date of Notice	10/05/2026
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)