Veeva Systems director reports RSU conversion of 263 shares
Veeva Systems Inc. director reports RSU conversion in a routine insider filing.
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Rhea-AI Filing Summary
Veeva Systems Inc. director reports RSU conversion in a routine insider filing. On 12/01/2025, the reporting person converted 263 Restricted Stock Units into 263 shares of Class A Common Stock at a price of $0 per share, in a transaction coded "M" and noted as exempt from Section 16(b) under Rule 16b-6(b).
Following this transaction, the director beneficially owns 4,491 shares of Class A Common Stock and 524 RSUs. The RSUs were originally granted on June 18, 2025, in an award of 1,049 units, with one-quarter vesting on September 1, 2025 and the remainder vesting in equal quarterly installments while the director continues to serve on the board.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 263 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 263 | $0.00 | $0.00 |
Footnotes (3)
- 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.
- F2. Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of Class A Common Stock of the Issuer.
- F3. On June 18, 2025, the Reporting Person was granted 1,049 RSUs under the Issuer's Amended & Restated 2013 Equity Incentive Plan, of which 1/4 of the RSUs vested on September 1, 2025, with the remaining RSUs vesting equally on a quarterly basis thereafter, subject to continued service on the Issuer's board of directors on the applicable vesting date.
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