Veeva director plans $196K Rule 144 stock sale
VEEV director Priscilla Hung filed a Rule 144 notice to sell 750 shares of Veeva common stock acquired as restricted stock grants in 2023.
Rhea-AI Filing Summary
VEEVA SYSTEMS INC (VEEV) received a Rule 144 notice that director Priscilla Chi‑Hang Hung plans to sell 750 shares of Veeva common stock through Morgan Stanley Smith Barney LLC Executive Financial Services. The shares relate to restricted stock acquired from the issuer in three grants during 2023.
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Key Figures
Shares to be sold: 750 shares
Aggregate market value of shares: $195,780.38
Acquisition date and amount (grant 1): 229 shares
+3 more
6 metrics
Shares to be sold
750 shares
Common stock listed for sale under Rule 144
Aggregate market value of shares
$195,780.38
Value associated with the 750 Veeva common shares to be sold
Acquisition date and amount (grant 1)
229 shares
Restricted Stock acquired June 1, 2023 from issuer
Acquisition date and amount (grant 2)
219 shares
Restricted Stock acquired December 1, 2023 from issuer
Acquisition date and amount (grant 3)
302 shares
Restricted Stock acquired September 1, 2023 from issuer
Planned sale date
September 9, 2026
Date associated with the proposed Rule 144 sale
Key Terms
Rule 144, Restricted Stock, aggregate market value
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.
Restricted Stock financial
"Common | 06/01/2023 | Restricted Stock | Issuer"
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
aggregate market value financial
"Common | Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004 | 750 | 195780.38"
Aggregate market value is the combined price you would pay to buy all outstanding shares of a company or all companies in a group at current market prices — essentially the sum of each stock’s market capitalization. It matters to investors because it shows the overall size and weight of an investment or sector (like the total cost to buy every piece of a puzzle), helps compare scale across companies or markets, and influences index composition and risk exposure.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What does the Form 144 filing disclose for VEEV?
The Form 144 notice discloses that director Priscilla Chi‑Hang Hung intends to sell 750 shares of Veeva Systems Inc. common stock under Rule 144, with the planned sale dated September 9, 2026 and executed through Morgan Stanley Smith Barney LLC Executive Financial Services.
Which broker is handling the planned VEEV Rule 144 sale?
The planned sale of 750 Veeva Systems Inc. shares is listed as being handled by 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.