Veeva Systems CFO converts stock grants to 1,636 shares
The chief financial officer's separate correction gives April 1, 2031 as the vesting date for 11,628 RSUs granted April 7, 2026.
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Rhea-AI Filing Summary
Veeva Systems Inc. Chief Financial Officer Brian Van Wagener converted 1,636 restricted stock units into 1,636 Class A common shares on October 1, 2026. The issuer withheld 705 shares for tax withholding and remittance obligations on vested RSUs; this was not a market transaction, and the withholding entry reports $281.93 per share. 3,270 RSUs were reported following the transaction. Van Wagener corrected a prior vesting-date reference: 11,628 RSUs granted April 7, 2026 vest April 1, 2031, not April 1, 2030.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F2, F1, F4 | 1,636 | $0.00 | $0.00 |
| Exercise | Class A Common Stock F1, F2 | 1,636 | $0.00 | $0.00 |
| Tax Withholding | Class A Common Stock F3 | 705 | $281.93 | $199K |
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
Key Terms
Restricted Stock Unit financial
net settlement financial
Rule 16b-3(e) regulatory
Rule 16b-6(b) regulatory
FAQ
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What RSU transaction did VEEV CFO Brian Van Wagener report?
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