Veeva Systems accounting chief acquires 168 shares

Q: How many VEEV shares did Vipin Kondath receive when his RSUs settled?

On October 1, 2026, Vipin Kondath converted 168 restricted stock units into 168 Class A common shares. Each RSU represents a contingent right to receive one Class A common share.

Q: How many VEEV shares were withheld from Vipin Kondath for taxes?

Veeva Systems Inc. withheld 61 shares to satisfy tax withholding and remittance obligations in connection with net settlement of vested RSUs. The transaction listed a price of $281.9300 per share and was not a market transaction.

The transaction also records 61 shares withheld for tax obligations and 334 RSUs following the transaction.

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)How Sentiment works

Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

How Sentiment works How the balance works

Form Type

Rhea-AI Filing Summary

Veeva Systems Inc. Chief Accounting Officer Vipin Kondath reported the October 1, 2026 conversion of 168 restricted stock units into 168 Class A common shares. The issuer withheld 61 shares to satisfy tax withholding and remittance obligations during net settlement; those shares were reported at $281.9300 per share, and the withholding was not a market transaction. The reported post-transaction RSU holding was 334 units. The RSUs vest over one year, with one-quarter vesting July 1, 2026 and one-quarter quarterly thereafter, subject to continued service.

Insider Trade Summary

168 shares exercised/converted

Exercise 3 txns

Insider Kondath Vipin

Role Chief Accounting Officer

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units ^{F2, F1, F4}	168	$0.00	$0.00
Exercise	Class A Common Stock ^{F1, F2}	168	$0.00	$0.00
Tax Withholding	Class A Common Stock ^F3	61	$281.93	$17K

Holdings After Transaction: Restricted Stock Units — 334 contracts (Direct); Class A Common Stock — 2,890 shares (Direct)

Footnotes (4)

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. Represents shares that have been withheld by the Issuer to satisfy tax withholding and remittance obligations in connection with the net settlement of vested restricted stock units and not a market transaction. Transaction exempt from Section 16(b) of the Act pursuant to Rule 16b-3(e) promulgated under the Act.
F4. The RSUs were granted under the Issuer's Amended & Restated 2013 Equity Incentive Plan (the "Plan"). The Reporting Person vests ownership in the RSUs over 1-year with 1/4 of the RSUs vesting on July 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

Restricted stock units converted: 168 RSUs Class A common shares acquired: 168 shares Shares withheld for tax obligations: 61 shares +2 more

5 metrics

Restricted stock units converted 168 RSUs October 1, 2026 transaction

Class A common shares acquired 168 shares October 1, 2026 transaction

Shares withheld for tax obligations 61 shares Net settlement of vested RSUs

Reported price for withheld shares $281.9300 per share Tax withholding in connection with net settlement

Restricted stock units following transaction 334 RSUs Reported after the October 1, 2026 transaction

Key Terms

Restricted Stock Unit, net settlement, tax withholding and remittance obligations, Amended & Restated 2013 Equity Incentive Plan

4 terms

Restricted Stock Unit financial

"Each Restricted Stock Unit ("RSU") represents a contingent right"

A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.

net settlement financial

"in connection with the net settlement of vested restricted stock units"

tax withholding and remittance obligations financial

"to satisfy tax withholding and remittance obligations"

Amended & Restated 2013 Equity Incentive Plan financial

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

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many VEEV shares did Vipin Kondath receive when his RSUs settled?

On October 1, 2026, Vipin Kondath converted 168 restricted stock units into 168 Class A common shares. Each RSU represents a contingent right to receive one Class A common share.

How many VEEV shares were withheld from Vipin Kondath for taxes?

Veeva Systems Inc. withheld 61 shares to satisfy tax withholding and remittance obligations in connection with net settlement of vested RSUs. The transaction listed a price of $281.9300 per share and was not a market transaction.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

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

Add on Google

Available on EDGAR 10/05/2026 - 04:58 PM Accepted by SEC EDGAR 10/05/2026 - 04:57 PM

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^*

Kondath Vipin

(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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
10/01/2026

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Class A Common Stock	10/01/2026⁽¹⁾		M		168	A	$0⁽²⁾	2,951	D
Class A Common Stock	10/01/2026		F⁽³⁾		61⁽³⁾	D	$281.93	2,890	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Restricted Stock Units	⁽²⁾	10/01/2026⁽¹⁾		M			168	⁽⁴⁾	⁽⁴⁾	Class A Common Stock	168	$0	334	D

Explanation of Responses:

1. 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.

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

3. Represents shares that have been withheld by the Issuer to satisfy tax withholding and remittance obligations in connection with the net settlement of vested restricted stock units and not a market transaction. Transaction exempt from Section 16(b) of the Act pursuant to Rule 16b-3(e) promulgated under the Act.

4. The RSUs were granted under the Issuer's Amended & Restated 2013 Equity Incentive Plan (the "Plan"). The Reporting Person vests ownership in the RSUs over 1-year with 1/4 of the RSUs vesting on July 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	10/05/2026
	** 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)

Source: View Original Filing on SEC EDGAR