Veeva Systems exec sells 1,000 shares at $265.20
Veeva’s Pres. & Chief Customer Officer completed a pre-planned Rule 10b5-1 sale of 1,000 shares and now holds 18,449 VEEV shares directly.
Rhea-AI Filing Summary
VEEVA SYSTEMS INC (VEEV) reported that Pres. & Chief Customer Officer Thomas D. Schwenger sold 1,000 shares of Class A Common Stock on September 14, 2026 at $265.20 per share in an open-market or private transaction. Following this sale, he directly holds 18,449 shares. The transaction was effected under a Rule 10b5-1 trading plan adopted on October 14, 2025.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 1,000 shares
Net Sell
1 txn
Insider
Schwenger Thomas D.
Role
Pres. & Chief Customer Officer
Sold
1,000 shs ($265K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock F1 | 1,000 | $265.20 | $265K |
Holdings After Transaction:
Class A Common Stock — 18,449 shares (Direct)
Footnotes (1)
- F1. The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on October 14, 2025.
Key Figures
Shares sold: 1,000 shares
Sale price per share: $265.20 per share
Shares held after transaction: 18,449 shares
+2 more
5 metrics
Shares sold
1,000 shares
Class A Common Stock sold by Thomas D. Schwenger on September 14, 2026
Sale price per share
$265.20 per share
Price for the 1,000 Veeva Systems shares sold on September 14, 2026
Shares held after transaction
18,449 shares
Direct holdings of Thomas D. Schwenger following the September 14, 2026 sale
Rule 10b5-1 plan adoption date
October 14, 2025
Date Schwenger adopted the trading plan under which the sale was effected
Net shares sold in filing
1,000 shares
Net effect of reported non-derivative transactions in this Form 4
Key Terms
Rule 10b5-1 trading plan, Class A Common Stock, open market or private transaction
3 terms
Rule 10b5-1 trading plan regulatory
"The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
Class A Common Stock financial
"security title listed as Class A Common Stock in the reported transaction"
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.
open market or private transaction financial
"transaction code description notes a Sale in open market or private transaction"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did VEEV report for Thomas D. Schwenger?
Thomas D. Schwenger sold 1,000 shares of Veeva Systems Class A Common Stock on September 14, 2026 at $265.20 per share in an open-market or private transaction, as reported in the Form 4.
Was the VEEV insider sale made under a Rule 10b5-1 trading plan?
Yes. The filing states the sale was effected pursuant to a Rule 10b5-1 trading plan adopted by Thomas D. Schwenger on October 14, 2025.
What role does the reporting person hold at VEEV?
The reporting person, Thomas D. Schwenger, serves as Pres. & Chief Customer Officer of Veeva Systems Inc., as identified in the Form 4.
AI-generated analysis. How Rhea-AI works. Not financial advice.