Veeva Systems (NYSE: VEEV) director receives 1,906 RSUs in new grant

Rhea-AI Filing Summary

Hedley Mary Lynne reported acquisition or exercise transactions in this Form 4 filing.

Veeva Systems director Mary Lynne Hedley received a grant of 1,906 Restricted Stock Units (RSUs), each representing one share of Class A Common Stock. The RSUs were issued under Veeva’s Amended & Restated 2013 Equity Incentive Plan and vest over one year, with one-quarter vesting on September 1, 2026 and the remaining quarters vesting on a quarterly schedule, subject to continued service. Following the reported transactions, Hedley holds 7,152 shares of Veeva Class A Common Stock directly.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Hedley Mary Lynne

Role null

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Units	1,906	$0.00	--
holding	Class A Common Stock	--	--	--

Holdings After Transaction: Restricted Stock Units — 1,906 shares (Direct, null); Class A Common Stock — 7,152 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

RSUs granted: 1,906 units Shares after transaction: 7,152 shares RSU-to-share ratio: 1:1 +1 more

4 metrics

RSUs granted 1,906 units Restricted Stock Units granted to director on June 17, 2026

Shares after transaction 7,152 shares Class A Common Stock directly held following reported transactions

RSU-to-share ratio 1:1 Each RSU represents one share of Class A Common Stock

Initial vesting date September 1, 2026 One-quarter of RSUs vest on this date, subject to continued service

Key Terms

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

3 terms

Restricted Stock Units financial

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

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.

Amended & Restated 2013 Equity Incentive Plan financial

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

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.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 06/22/2026 - 04:45 PM Accepted by SEC EDGAR 06/22/2026 - 04:44 PM Learn about SEC filing dates

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^*

Hedley Mary Lynne

(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								7,152	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		1,906		(2)	(2)	Class A Common Stock	1,906	$0	1,906	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 (VEEV) director Mary Lynne Hedley report in this Form 4?

Mary Lynne Hedley reported receiving a grant of 1,906 Restricted Stock Units (RSUs) tied to Veeva Class A Common Stock. These RSUs are compensation under Veeva’s equity plan and vest over one year, contingent on her continued service to the company.

How many Restricted Stock Units were granted to the VEEV director in this filing?

The director received 1,906 Restricted Stock Units. Each RSU represents a contingent right to one share of Veeva Class A Common Stock, granted at no cash cost under the company’s Amended & Restated 2013 Equity Incentive Plan as part of equity-based compensation.

What is the vesting schedule for Mary Lynne Hedley’s 1,906 Veeva RSUs?

The 1,906 RSUs vest over one year. One-quarter vests on September 1, 2026, and the remaining RSUs vest in equal quarterly installments thereafter, provided Mary Lynne Hedley continues to serve Veeva Systems during the entire vesting period.

How many Veeva Systems Class A shares does the director hold after this Form 4?

After the reported transactions, the director holds 7,152 shares of Veeva Systems Class A Common Stock directly. This figure reflects her post-transaction ownership and is separate from the 1,906 unvested RSUs that may settle into additional shares over time.

Are the 1,906 Veeva RSUs a market purchase or part of compensation?

The 1,906 RSUs are part of equity compensation, not a market purchase. They were granted under Veeva’s Amended & Restated 2013 Equity Incentive Plan with a zero dollar grant price, subject to future vesting based on continued service to the company.