Veeva director granted 1,906 RSUs
Cabral Timothy S reported acquisition or exercise transactions in this Form 4 filing.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 1,906 | $0.00 | $0.00 |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Footnotes (3)
- F1. 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.
- F2. Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of Class A Common Stock of the Issuer.
- F3. 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.
Key Figures
Key Terms
Restricted Stock Unit financial
Amended & Restated 2013 Equity Incentive Plan financial
voting and dispositive power financial
beneficiary financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Timothy S. Cabral report in this VEEV Form 4 filing?
How many Restricted Stock Units did Timothy S. Cabral receive from Veeva Systems (VEEV)?
What is the vesting schedule for Cabral’s 1,906 Veeva Systems RSUs?
Under which plan were Cabral’s new Veeva Systems RSUs granted?
AI-generated analysis. How Rhea-AI works. Not financial advice.