Veeva Systems (NYSE: VEEV) director receives 1,841 RSU equity grant and holds 15,191 shares

Rhea-AI Filing Summary

SEKHRI PAUL J reported acquisition or exercise transactions in this Form 4 filing.

Veeva Systems Inc. director Paul J. Sekhri reported a grant of 1,841 Restricted Stock Units (RSUs) tied to Class A Common Stock. Each RSU represents a right to receive one share of Class A Common Stock. The RSUs were granted under Veeva’s Amended & Restated 2013 Equity Incentive Plan. The award vests over one year, with one quarter vesting on September 1, 2026 and the remaining quarters vesting on a quarterly basis thereafter, subject to his continued service. Following these updates, Sekhri is shown with 15,191 shares of Class A Common Stock held directly and 1,841 RSUs outstanding.

Insights

Equity Compensation Analyst

Routine RSU grant to Veeva director, no buy/sell signal.

The filing shows Paul J. Sekhri, a director of Veeva Systems Inc., receiving an equity award of 1,841 RSUs under the company’s Amended & Restated 2013 Equity Incentive Plan. This is compensation-related, not an open-market trade.

The RSUs vest over roughly one year, with the first quarter vesting on September 1, 2026 and the rest quarterly thereafter, contingent on continued service. Such time-based vesting is designed to align director incentives with longer-term company performance.

The filing also shows 15,191 shares of Class A Common Stock held directly after the reported updates. Because there are no purchases or sales, and the award size is modest relative to many director programs, the overall investment signal is neutral.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider SEKHRI PAUL J

Role null

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Units	1,841	$0.00	--
holding	Class A Common Stock	--	--	--

Holdings After Transaction: Restricted Stock Units — 1,841 shares (Direct, null); Class A Common Stock — 15,191 shares (Direct, null)

Footnotes (1)

1. Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of Class A Common Stock of the Issuer. The RSUs were granted under the Issuer's Amended & Restated 2013 Equity Incentive Plan. The Reporting Person vests ownership in the RSUs over one year with 1/4 of the RSUs vesting on September 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.

Key Figures

RSU grant size: 1,841 RSUs RSU price per unit: $0.0000 per RSU Shares underlying RSUs: 1,841 shares +3 more

6 metrics

RSU grant size 1,841 RSUs Restricted Stock Units granted to director on June 17, 2026

RSU price per unit $0.0000 per RSU Grant price for 1,841 RSUs

Shares underlying RSUs 1,841 shares Class A Common Stock underlying granted RSUs

Common shares held 15,191 shares Class A Common Stock held directly after reported updates

Initial vesting date September 1, 2026 First vesting date for one quarter of RSUs

Vesting structure Quarterly after initial vest Remaining RSUs vest quarterly, subject to continued service

Key Terms

Restricted Stock Units, Class A Common Stock, Amended & Restated 2013 Equity Incentive Plan, vesting

4 terms

Restricted Stock Units financial

"The RSUs were granted under the Issuer's Amended & Restated 2013 Equity Incentive Plan."

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

Class A Common Stock financial

"Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of Class A Common Stock of the Issuer."

Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.

Amended & Restated 2013 Equity Incentive Plan financial

"The RSUs were granted under the Issuer's Amended & Restated 2013 Equity Incentive Plan."

vesting financial

"1/4 of the RSUs vesting on September 1, 2026, and 1/4 of the RSUs vesting on a quarterly basis thereafter"

Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.

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Form 4 Insider Transactions: What Each Field Means →

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

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^*

SEKHRI PAUL J

(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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/17/2026

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

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock								15,191	D

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
Restricted Stock Units	(1)	06/17/2026		A		1,841		(2)	(2)	Class A Common Stock	1,841	$0	1,841	D

Explanation of Responses:

1. Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of Class A Common Stock of the Issuer.

2. The RSUs were granted under the Issuer's Amended & Restated 2013 Equity Incentive Plan. The Reporting Person vests ownership in the RSUs over one year with 1/4 of the RSUs vesting on September 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-fact	06/22/2026
	** 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.
* Form 4: SEC 1474 (03-26)

FAQ

What did VEEVA SYSTEMS INC director Paul J. Sekhri report on this Form 4 for VEEV?

Paul J. Sekhri reported receiving a grant of 1,841 Restricted Stock Units. These RSUs are linked to Veeva Systems’ Class A Common Stock and were issued as equity compensation under the company’s Amended & Restated 2013 Equity Incentive Plan for his service as a director.

How many Restricted Stock Units did Paul J. Sekhri receive from Veeva Systems (VEEV)?

He received 1,841 Restricted Stock Units. Each RSU represents a contingent right to receive one share of Veeva Systems’ Class A Common Stock, providing equity-based compensation that can convert into shares as vesting conditions tied to continued service are satisfied over time.

What is the vesting schedule for Paul J. Sekhri’s 1,841 Veeva Systems RSUs?

The RSUs vest over one year, with one quarter vesting on September 1, 2026. The remaining RSUs vest in equal quarterly installments after that date, so long as Sekhri continues to provide service to Veeva Systems during the vesting period.

Did Paul J. Sekhri buy or sell Veeva Systems (VEEV) shares in this Form 4?

The filing does not report any open-market purchases or sales. It primarily reflects a grant of 1,841 Restricted Stock Units as equity compensation and an updated holding entry, rather than discretionary buying or selling of Veeva Systems Class A Common Stock.

How many Veeva Systems Class A shares does Paul J. Sekhri hold after these transactions?

After the reported updates, Sekhri is shown holding 15,191 shares of Veeva Systems Class A Common Stock directly. In addition, he has 1,841 Restricted Stock Units outstanding, which may convert into an equal number of shares as they vest over time.

Under which plan were Paul J. Sekhri’s Veeva Systems RSUs granted?

The 1,841 RSUs were granted under Veeva Systems’ Amended & Restated 2013 Equity Incentive Plan. This plan governs how the company issues stock-based awards, such as RSUs, to directors and other eligible participants to align their compensation with shareholder interests.