Veeva Systems (NYSE: VEEV) director files Form 4 on in-kind share distribution
Rhea-AI Filing Summary
Veeva Systems Inc. director reports in-kind share movements involving Class A Common Stock. On December 10, 2025, the reporting person distributed 1,393 shares of Class A Common Stock in-kind, without consideration, to Emergence Equity Partners II, L.P. (EEP II), under exemptions in Rules 16a-9(a) and 16a-13. EEP II then immediately distributed those 1,393 shares pro rata to its partners, also without consideration.
Following these transactions, the reporting person shows 0 shares held directly, and reports indirect beneficial ownership of 575,576 shares through The Ritter-Metzler Revocable Trust, 500,000 shares through Emergence Capital Partners II, L.P., and 92,000 shares through GABACOR Holdings LLC, while disclosing that beneficial ownership of these indirect holdings is disclaimed except to the extent of any pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Class A Common Stock | 1,393 | $0.00 | -- |
| Other | Class A Common Stock | 294 | $0.00 | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Footnotes (1)
- On December 10, 2025, the Reporting Person distributed in-kind, without consideration, 1,393 shares of Class A Common Stock pro-rata to Emergence Equity Partners II, L.P. ("EEP II"), in accordance with the exemption under Rule 16a-9(a) and Rule 16a-13 of the Securities Exchange Act of 1934, as amended. EEP II then immediately distributed in-kind, without consideration, all 1,393 shares of Class A Common Stock pro-rata to its partners, in accordance with the exemption under Rule 16a-9(a) and Rule 16a-13 of the Securities Exchange Act of 1934, as amended. Pro rata distribution from EEP II in accordance with the exemption under Rule 16a-9(a) and Rule 16a-13 of the Securities Exchange Act of 1934, as amended. Shares held by The Ritter-Metzler Revocable Trust dated November 6, 2000 (the "Trust"). The Reporting Person is a trustee and beneficiary of the Trust and may be deemed to share voting and dispositive power with regard to the reported shares held by the Trust. The Reporting Person disclaims beneficial ownership of the reported shares held by the Trust, except to the extent, if any, of his pecuniary interest therein. The sole general partner of Emergence Capital Partners II, L.P. ("Emergence") is EEP II, and the sole general partner of EEP II is Emergence GP Partners, LLC ("EGP", and together with Emergence and EEP II, the "Emergence Entities"), and each of EEP II and EGP may be deemed to have sole voting and dispositive power with respect to the shares held by Emergence, and EGP may be deemed to have sole voting and dispositive power with respect to the shares held by EEP II. The Reporting Person is a partner of EEP II and a member of EGP and serves on the Issuer's board of directors. The Reporting Person disclaims beneficial ownership of the reported shares held by the Emergence Entities except to the extent of his pecuniary interest therein, if any, by virtue of the limited liability company interest he owns in EGP and the partnership interest he owns in EEP II. Shares held by GABACOR Holdings LLC ("GABACOR"). The Reporting Person is a controlling person of GABACOR and may be deemed to share voting and dispositive power with regard to the reported shares held by GABACOR. The Reporting Person disclaims beneficial ownership of the reported shares held by GABACOR, except to the extent, if any, of his pecuniary interest therein.