Director Priscilla Hung sells 750 Veeva (NYSE: VEEV) shares under 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Veeva Systems director Priscilla Hung reported an open-market sale of Class A Common Stock. On April 10, 2026, she sold 750 shares at $153.50 per share, in a transaction executed under a pre-arranged Rule 10b5-1 trading plan.
After this sale, Hung directly owns 4,003 shares of Veeva Systems Class A Common Stock. Rule 10b5-1 plans are preset trading frameworks that allow insiders to sell shares according to a schedule established in advance.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 750 shares ($115,125)
Net Sell
1 txn
Insider
Hung Priscilla
Role
Director
Sold
750 shs ($115K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 750 | $153.50 | $115K |
Holdings After Transaction:
Class A Common Stock — 4,003 shares (Direct)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 750 shares
Sale price: $153.50 per share
Shares owned after transaction: 4,003 shares
+1 more
4 metrics
Shares sold
750 shares
Open-market sale of Class A Common Stock on April 10, 2026
Sale price
$153.50 per share
Price for the 750-share open-market transaction
Shares owned after transaction
4,003 shares
Direct holdings of Class A Common Stock following the sale
Net shares sold
750 shares
Net change in buy/sell activity in this Form 4
Key Terms
Class A Common Stock, open-market sale, Rule 10b5-1 trading plan
3 terms
Class A Common Stock financial
"security_title: "Class A Common Stock""
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 sale financial
"transaction_action: "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Rule 10b5-1 trading plan regulatory
"sales 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.
FAQ
What insider transaction did VEEVA SYSTEMS INC (VEEV) director Priscilla Hung report?
Director Priscilla Hung reported selling 750 shares of VEEVA SYSTEMS INC Class A Common Stock. The shares were sold in an open-market transaction at $153.50 per share, according to a pre-arranged Rule 10b5-1 trading plan.
Was the VEEVA SYSTEMS INC (VEEV) insider sale made under a Rule 10b5-1 plan?
Yes. The Form 4 footnote states the sales were effected under a Rule 10b5-1 trading plan. This plan was adopted by Priscilla Hung on January 12, 2026, providing a pre-set framework for executing the transaction.
What type of security did Priscilla Hung trade for VEEVA SYSTEMS INC (VEEV)?
Priscilla Hung traded VEEVA SYSTEMS INC Class A Common Stock in this Form 4 filing. The transaction involved a non-derivative open-market sale, with 750 shares sold and 4,003 shares remaining in her direct ownership afterward.