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.

SEC Form 4

FORM 4

UNITED 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

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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^*

Ritter Gordon

(Last) (First) (Middle)

C/O EMERGENCE CAPITAL

PIER 5, SUITE 102

(Street)

SAN FRANCISCO CA 94111

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
VEEVA SYSTEMS INC [ VEEV ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
12/10/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	12/10/2025		J(1)		1,393	D	$0	0	D
Class A Common Stock	12/10/2025		J(2)		294	A	$0	575,576	I	By the Ritter-Metzler Revocable Trust dated November 6, 2000(3)
Class A Common Stock								500,000	I	By Emergence Capital Partners II, L.P.(4)
Class A Common Stock								92,000	I	By GABACOR Holdings LLC(5)

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

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.

2. 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.

3. 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.

4. 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.

5. 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.

Remarks:

	/s/ Liang Dong, attorney-in-fact	12/11/2025
	** Signature of Reporting Person	Date
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.

FAQ

What insider transaction did Veeva Systems (VEEV) disclose in this Form 4?

The filing reports that a Veeva Systems director distributed 1,393 shares of Class A Common Stock in-kind, without consideration, on December 10, 2025, to Emergence Equity Partners II, L.P., which then distributed those shares pro rata to its partners.

Was any cash consideration paid in the reported VEEV insider transaction?

No cash changed hands in the reported transaction. The 1,393 shares of Veeva Systems Class A Common Stock were distributed in-kind, without consideration, as described in the explanation of responses.

How many Veeva Systems (VEEV) shares does the reporting person hold directly after this Form 4?

After the reported transaction, the Form 4 shows the reporting person holding 0 shares directly of Veeva Systems Class A Common Stock, with all reported holdings shown as indirect interests through various entities and a trust.

What indirect Veeva Systems share holdings are reported for this insider?

The Form 4 reports indirect beneficial ownership of 575,576 shares via The Ritter-Metzler Revocable Trust, 500,000 shares via Emergence Capital Partners II, L.P., and 92,000 shares via GABACOR Holdings LLC, with beneficial ownership disclaimed except to the extent of any pecuniary interest.

Why are Rules 16a-9(a) and 16a-13 mentioned in this VEEV Form 4?

The filing states that the in-kind, pro rata distributions of the 1,393 shares were made in accordance with exemptions provided by Rule 16a-9(a) and Rule 16a-13 under the Securities Exchange Act of 1934.

What is the reporting person’s relationship to Veeva Systems (VEEV)?

The Form 4 identifies the reporting person as a director of Veeva Systems Inc., and the filing is made as a Form filed by one reporting person.