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Veeva Systems counsel gifts 803 Class A shares

After the October 1 transaction, the reported derivative position was 3,270 RSUs; the next day's separate transaction was an 803-share charitable gift.

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Form Type
4

Rhea-AI Filing Summary

Veeva Systems SVP, Gen. Counsel, Secretary Jonathan Faddis reported that on October 1, 2026, 1,636 restricted stock units converted into 1,636 Class A common shares. The issuer withheld 833 shares to satisfy tax withholding and remittance obligations in connection with net settlement of vested RSUs, not a market transaction; 3,270 RSUs remained after the transaction. On October 2, 2026, Faddis made a bona fide charitable gift of 803 Class A shares with no payment in consideration.

Insider Faddis Jonathan
Role SVP, Gen. Counsel, Secretary
Type Security Shares Price Value
Gift Class A Common Stock F4 803 $0.00 $0.00
Exercise Restricted Stock Units F2, F1, F5 1,636 $0.00 $0.00
Exercise Class A Common Stock F1, F2 1,636 $0.00 $0.00
Tax Withholding Class A Common Stock F3 833 $281.93 $235K
Holdings After Transaction: Restricted Stock Units — 3,270 contracts (Direct); Class A Common Stock — 9,328 shares (Direct)
Footnotes (5)
  1. F1. Transaction exempt from Section 16(b) of the Securities Exchange Act of 1934 (the "Act") pursuant to Rule 16b-6(b) promulgated under the Act.
  2. F2. Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of Class A Common Stock of the Issuer.
  3. F3. Represents shares that have been withheld by the Issuer to satisfy tax withholding and remittance obligations in connection with the net settlement of vested restricted stock units and not a market transaction. Transaction exempt from Section 16(b) of the Act pursuant to Rule 16b-3(e) promulgated under the Act.
  4. F4. This was a bona fide charitable gift with no payment in consideration.
  5. F5. The RSUs were granted under the Issuer's Amended & Restated 2013 Equity Incentive Plan. The Reporting Person vests ownership in the RSUs over 1-year with 1/4 of the RSUs vesting on July 1, 2026, and 1/4 of the RSUs vesting on a quarterly basis thereafter, subject to continued service to the Issuer by the Reporting Person.
RSUs converted 1,636 RSUs Converted into 1,636 Class A common shares on October 1, 2026.
Shares withheld for taxes 833 shares Withheld in connection with net settlement of vested RSUs on October 1, 2026.
Charitable gift 803 Class A common shares Gifted on October 2, 2026, with no payment in consideration.
RSUs remaining 3,270 RSUs Reported following the October 1, 2026 transaction.
Restricted Stock Unit financial
"Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
net settlement financial
"in connection with the net settlement of vested restricted stock units"
Rule 16b-3(e) regulatory
"pursuant to Rule 16b-3(e) promulgated under the Act"

FAQ

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

How many VEEV shares did Jonathan Faddis donate?

Jonathan Faddis made a bona fide charitable gift of 803 Class A common shares on October 2, 2026, with no payment in consideration.

How many VEEV RSUs did Jonathan Faddis convert and how many shares were withheld?

On October 1, 2026, 1,636 RSUs converted into 1,636 Class A common shares, and the issuer withheld 833 shares for tax withholding and remittance obligations in connection with net settlement of vested RSUs; 3,270 RSUs remained after the transaction.

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

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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Faddis Jonathan

(Last)(First)(Middle)
C/O VEEVA SYSTEMS INC.
4280 HACIENDA DRIVE

(Street)
PLEASANTON CALIFORNIA 94588

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
VEEVA SYSTEMS INC [ VEEV ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
SVP, Gen. Counsel, Secretary
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
10/01/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Class A Common Stock10/01/2026(1)M1,636A$0(2)10,964D
Class A Common Stock10/01/2026F(3)833(3)D$281.9310,131D
Class A Common Stock10/02/2026G(4)803D$09,328D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units(2)10/01/2026(1)M1,636 (5) (5)Class A Common Stock1,636$03,270D
Explanation of Responses:
1. Transaction exempt from Section 16(b) of the Securities Exchange Act of 1934 (the "Act") pursuant to Rule 16b-6(b) promulgated under the Act.
2. Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of Class A Common Stock of the Issuer.
3. Represents shares that have been withheld by the Issuer to satisfy tax withholding and remittance obligations in connection with the net settlement of vested restricted stock units and not a market transaction. Transaction exempt from Section 16(b) of the Act pursuant to Rule 16b-3(e) promulgated under the Act.
4. This was a bona fide charitable gift with no payment in consideration.
5. The RSUs were granted under the Issuer's Amended & Restated 2013 Equity Incentive Plan. The Reporting Person vests ownership in the RSUs over 1-year with 1/4 of the RSUs vesting on July 1, 2026, and 1/4 of the RSUs vesting on a quarterly basis thereafter, subject to continued service to the Issuer by the Reporting Person.
Remarks:
/s/ Liang Dong, attorney-in-fact10/05/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

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