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Veeva Systems (VEEV) director Cabral awarded 1,906 RSUs and updates holdings

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Cabral Timothy S reported acquisition or exercise transactions in this Form 4 filing.

Veeva Systems director Timothy S. Cabral reported updated holdings, including a new grant of 1,906 Restricted Stock Units (RSUs), each representing one share of Class A common stock. These RSUs were granted at no cash cost under the company’s Amended & Restated 2013 Equity Incentive Plan.

Cabral now holds 1,906 RSUs directly, which vest over one year with 1/4 vesting on September 1, 2026 and 1/4 vesting quarterly thereafter, subject to continued service. He also reports 5,500 shares held indirectly through the Cabral Family Trust and 1,049 shares held directly of Class A common stock.

Positive

  • None.

Negative

  • None.
Insider Cabral Timothy S
Role null
Type Security Shares Price Value
Grant/Award Restricted Stock Units 1,906 $0.00 --
holding Class A Common Stock -- -- --
holding Class A Common Stock -- -- --
Holdings After Transaction: Restricted Stock Units — 1,906 shares (Direct, null); Class A Common Stock — 1,049 shares (Direct, null); Class A Common Stock — 5,500 shares (Indirect, By the Cabral Family Trust, dated April 17, 2001)
Footnotes (1)
  1. Shares held by the Cabral Family Trust (the "Trust"). The Reporting Person is a trustee and beneficiary of the Trust and may be deemed to share voting and dispositive power with regard to the reported shares held by the Trust. Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of Class A Common Stock of the Issuer. The RSUs were granted under the Issuer's Amended & Restated 2013 Equity Incentive Plan. The Reporting Person vests ownership in the RSUs over one year with 1/4 of the RSUs vesting on September 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.
RSU grant size 1,906 RSUs Grant of Restricted Stock Units on June 17, 2026
RSU conversion ratio 1 RSU = 1 share Each RSU represents one Class A common share
Indirect common shares 5,500 shares Class A common stock held by Cabral Family Trust after transactions
Direct common shares 1,049 shares Class A common stock held directly after transactions
RSUs outstanding 1,906 RSUs Total RSUs directly held following the grant
Restricted Stock Unit financial
"Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share"
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.
Amended & Restated 2013 Equity Incentive Plan financial
"The RSUs were granted under the Issuer's Amended & Restated 2013 Equity Incentive Plan."
voting and dispositive power financial
"may be deemed to share voting and dispositive power with regard to the reported shares held by the Trust."
beneficiary financial
"The Reporting Person is a trustee and beneficiary of the Trust"
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SEC Form 4
FORM 4UNITED 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*
Cabral Timothy S

(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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/17/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Class A Common Stock1,049D
Class A Common Stock5,500IBy the Cabral Family Trust, dated April 17, 2001(1)
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units(2)06/17/2026A1,906 (3) (3)Class A Common Stock1,906$01,906D
Explanation of Responses:
1. Shares held by the Cabral Family Trust (the "Trust"). The Reporting Person is a trustee and beneficiary of the Trust and may be deemed to share voting and dispositive power with regard to the reported shares held by the Trust.
2. Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of Class A Common Stock of the Issuer.
3. The RSUs were granted under the Issuer's Amended & Restated 2013 Equity Incentive Plan. The Reporting Person vests ownership in the RSUs over one year with 1/4 of the RSUs vesting on September 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-fact06/22/2026
** Signature of Reporting PersonDate
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)

FAQ

What did Timothy S. Cabral report in this VEEV Form 4 filing?

Timothy S. Cabral reported a new grant of 1,906 Restricted Stock Units and updated his holdings of Veeva Systems Class A common stock, including shares held directly and indirectly through the Cabral Family Trust.

How many Restricted Stock Units did Timothy S. Cabral receive from Veeva Systems (VEEV)?

He received 1,906 Restricted Stock Units, each convertible into one share of Veeva Systems Class A common stock. The RSUs were granted under the Amended & Restated 2013 Equity Incentive Plan at no cash exercise price.

What is the vesting schedule for Cabral’s 1,906 Veeva Systems RSUs?

The 1,906 RSUs vest over one year, with one-quarter vesting on September 1, 2026 and the remaining quarters vesting on a quarterly basis thereafter, contingent on Cabral’s continued service to Veeva Systems.

How many Veeva Systems shares does the Cabral Family Trust hold?

The Cabral Family Trust holds 5,500 shares of Veeva Systems Class A common stock. Cabral is a trustee and beneficiary of the trust and may share voting and dispositive power over these shares as described in the filing footnote.

What are Timothy S. Cabral’s direct holdings of Veeva Systems Class A shares?

Cabral reports direct ownership of 1,049 shares of Veeva Systems Class A common stock. In addition, he directly holds 1,906 RSUs that represent contingent rights to receive the same number of Class A shares upon vesting.

Under which plan were Cabral’s new Veeva Systems RSUs granted?

The 1,906 RSUs were granted under Veeva Systems’ Amended & Restated 2013 Equity Incentive Plan. This plan provides equity-based compensation, and Cabral’s RSUs vest over time subject to his continued service with the company.