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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.

(Neutral)
(Neutral)
Form Type
144

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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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
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.

How many VEEV shares are planned to be sold under this Form 144?

The notice lists a proposed sale of 750 shares of Veeva Systems Inc. common stock. These 750 shares correspond to three restricted stock grants of 229, 219, and 302 shares, all acquired from the issuer in 2023.

What is the aggregate value of the VEEV shares in this Form 144?

The filing shows an aggregate market value of $195,780.38 for the 750 shares of Veeva Systems Inc. common stock that are planned to be sold under Rule 144.

When were the VEEV restricted shares to be sold originally acquired?

The 750 Veeva Systems Inc. shares come from three restricted stock acquisitions from the issuer dated June 1, 2023 (229 shares), September 1, 2023 (302 shares), and December 1, 2023 (219 shares).

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.

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Learn about SEC filing dates

144: Filer Information

144: Issuer Information

144: Securities Information



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


* 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

144: Remarks and Signature

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