Veeva executive receives new RSU awards

Schwenger Thomas D. reported acquisition or exercise transactions in this Form 4 filing.

Rhea-AI Filing Summary

Schwenger Thomas D. reported acquisition or exercise transactions in this Form 4 filing.

Veeva Systems President & Chief Customer Officer Thomas D. Schwenger reported two grants of Restricted Stock Units (RSUs) linked to Class A common stock. The awards cover 11,628 and 14,535 underlying shares, representing equity compensation rather than open-market buying or selling.

According to the grant terms, one RSU award vests over one year, with one-quarter vesting on July 1, 2026 and the remainder vesting quarterly thereafter, subject to continued service. The second RSU award vests 100% on April 1, 2030, also contingent on continued service to the company.

Insider Trade Summary

Grant/Award: 0 shares

Grant/Award 2 txns

Insider Schwenger Thomas D.

Role Pres. & Chief Customer Officer

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Units	0	$0.00	$0.00
Grant/Award	Restricted Stock Units	0	$0.00	$0.00

Holdings After Transaction: Restricted Stock Units — 26,163 contracts (Direct)

Footnotes (4)

1. F1. Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of Class A Common Stock of the Issuer.
2. F2. 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.
3. F3. 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.
4. F4. The RSUs were granted under the Plan. The Reporting Person vests 100% ownership in the RSUs on April 1, 2030, subject to continued service to the Issuer by the Reporting Person.

Key Figures

RSU grant 1 underlying shares: 11,628 shares RSU grant 2 underlying shares: 14,535 shares Vesting start milestone: July 1, 2026 +2 more

5 metrics

RSU grant 1 underlying shares 11,628 shares Restricted Stock Units linked to Class A Common Stock

RSU grant 2 underlying shares 14,535 shares Restricted Stock Units linked to Class A Common Stock

Vesting start milestone July 1, 2026 One-quarter of first RSU grant vests on this date

Final vesting date second grant April 1, 2030 100% of second RSU grant vests on this date

Section 16(b) exemption rule Rule 16b-6(b) RSU transactions exempt from short-swing profit rules

Key Terms

Restricted Stock Units, Section 16(b), Rule 16b-6(b), Amended & Restated 2013 Equity Incentive Plan

4 terms

Restricted Stock Units financial

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

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.

Section 16(b) regulatory

"Transaction exempt from Section 16(b) of the Securities Exchange Act of 1934"

A federal rule that requires company insiders—like officers, directors and large shareholders—to return any profits made from buying and selling the company’s stock within a six-month window. It matters to investors because it discourages short-term trades that could exploit non-public information and helps protect outside shareholders by creating a simple, enforceable way to recover unfair gains, much like a rule stopping someone from flipping a limited-edition item for quick profit after getting early access.

Rule 16b-6(b) regulatory

"pursuant to Rule 16b-6(b) promulgated under the Act"

Amended & Restated 2013 Equity Incentive Plan financial

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

FAQ

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

What insider transaction did VEEVA SYSTEMS INC (VEEV) report for Thomas D. Schwenger?

Thomas D. Schwenger reported receiving two Restricted Stock Unit grants tied to Class A common stock. These RSUs represent equity compensation awards, not open-market stock purchases or sales, and give him contingent rights to receive shares over future vesting periods.

How many VEEVA SYSTEMS INC (VEEV) shares are covered by Schwenger’s new RSU awards?

The RSU grants cover 11,628 and 14,535 underlying shares of Veeva Systems Class A common stock. Each RSU represents a contingent right to receive one share, subject to the specific vesting schedules and continued employment conditions disclosed in the filing footnotes.

What is the vesting schedule for Thomas D. Schwenger’s 11,628-share RSU grant at VEEVA SYSTEMS INC (VEEV)?

The 11,628-share RSU grant vests over roughly one year. One-quarter of the RSUs vest on July 1, 2026, with the remaining three-quarters vesting on a quarterly basis thereafter, provided Schwenger continues to serve Veeva Systems during the entire vesting period.

When do the 14,535-share RSUs granted to Schwenger at VEEVA SYSTEMS INC (VEEV) vest?

The 14,535-share RSU grant vests 100% on April 1, 2030. Schwenger must remain in continued service with Veeva Systems through that date for the RSUs to settle into Class A common stock, according to the disclosed grant terms under the company’s equity plan.

Are Schwenger’s RSU grants at VEEVA SYSTEMS INC (VEEV) subject to Section 16(b) short-swing rules?

The filing notes these RSU transactions are exempt from Section 16(b) of the Securities Exchange Act under Rule 16b-6(b). That exemption clarifies they are treated as compensatory grants, not short-swing trading activity, within the regulatory framework governing insider transactions.

Under which plan were Thomas D. Schwenger’s RSUs at VEEVA SYSTEMS INC (VEEV) granted?

Both RSU awards were granted under Veeva Systems’ Amended & Restated 2013 Equity Incentive Plan. This plan provides the framework for granting equity-based compensation such as RSUs to executives and employees, subject to the specific vesting and service conditions described in the filing.

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

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Accepted by SEC EDGAR 04/09/2026 - 04:23 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^*

Schwenger Thomas D.

(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)
	Pres. & Chief Customer Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/07/2026

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

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)	04/07/2026(2)		A		0		(3)	(3)	Class A Common Stock	11,628	$0	11,628	D
Restricted Stock Units	(1)	04/07/2026(2)		A		0		(4)	(4)	Class A Common Stock	14,535	$0	14,535	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. 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.

3. 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.

4. The RSUs were granted under the Plan. The Reporting Person vests 100% ownership in the RSUs on April 1, 2030, subject to continued service to the Issuer by the Reporting Person.

Remarks:

	/s/ Liang Dong, attorney-in-fact	04/09/2026
	** 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)