Veeva Systems director vests 525 RSUs into stock
VEEVA SYSTEMS INC director Marshall Mohr reports vesting of 525 RSUs into 525 Class A Common shares, updating his RSU and share holdings.
Rhea-AI Filing Summary
VEEVA SYSTEMS INC (VEEV) director Marshall Mohr reported the vesting and settlement of restricted stock units into Class A Common Stock on September 1, 2026. 525 RSUs were converted into 525 shares of Class A Common Stock under a prior equity grant, a transaction the company notes is exempt from Section 16(b) under Rule 16b-6(b).
After these transactions, Mohr directly holds 1,574 RSUs and 6,501 shares of Class A Common Stock. The RSUs come from a grant of 2,099 RSUs made on June 17, 2026 that vests one-quarter on September 1, 2026 and then in equal quarterly installments, subject to continued board service.
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Insider Trade Summary
525 shares exercised/converted
Exercise
2 txns
Insider
MOHR MARSHALL
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F2, F1, F3 | 525 | $0.00 | $0.00 |
| Exercise | Class A Common Stock F1 | 525 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Units — 1,574 contracts (Direct);
Class A Common Stock — 6,501 shares (Direct)
Footnotes (3)
- 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. On June 17, 2026, the Reporting Person was granted 2,099 RSUs under the Issuer's Amended & Restated 2013 Equity Incentive Plan, of which 1/4 of the RSUs vested on September 1, 2026, with the remaining RSUs vesting equally on a quarterly basis thereafter, subject to continued service on the Issuer's board of directors on the applicable vesting date.
Key Figures
RSUs converted on September 1, 2026: 525 units
Class A Common shares after transaction: 6,501 shares
RSUs remaining after transaction: 1,574 units
+3 more
6 metrics
RSUs converted on September 1, 2026
525 units
Restricted Stock Units converted into Class A Common Stock
Class A Common shares after transaction
6,501 shares
Direct holdings following September 1, 2026 settlement
RSUs remaining after transaction
1,574 units
Direct RSU holdings after September 1, 2026 vesting
Original RSU grant size
2,099 units
RSUs granted on June 17, 2026 under equity incentive plan
Initial vesting fraction
25%
1/4 of RSUs vested on September 1, 2026
Section 16(b) exemption rule
Rule 16b-6(b)
Rule cited as exempting the RSU conversion from Section 16(b)
Key Terms
Restricted Stock Unit, Section 16(b), Rule 16b-6(b), Equity Incentive Plan
4 terms
Restricted Stock Unit financial
"Each Restricted Stock Unit ("RSU") represents a contingent right to receive"
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.
Section 16(b) regulatory
"Transaction exempt from Section 16(b) of the Securities Exchange Act"
A federal rule that requires company insiders—like officers, directors and large shareholders—to return any profits made from buying and selling the company’s stock within a six-month window. It matters to investors because it discourages short-term trades that could exploit non-public information and helps protect outside shareholders by creating a simple, enforceable way to recover unfair gains, much like a rule stopping someone from flipping a limited-edition item for quick profit after getting early access.
Rule 16b-6(b) regulatory
"pursuant to Rule 16b-6(b) promulgated under the Act"
Equity Incentive Plan financial
"under the Issuer's Amended & Restated 2013 Equity Incentive Plan"
An equity incentive plan is a program that gives employees, executives or directors the right to receive company stock or options to buy stock as part of their pay. Think of it as offering slices of future company profit to motivate people to boost long‑term performance; for investors it matters because it can align employee goals with shareholder value but also increases the number of shares outstanding, which can dilute existing ownership.
FAQ
What insider transaction did VEEV director Marshall Mohr report on September 1, 2026?
Marshall Mohr reported the vesting and settlement of 525 Restricted Stock Units into 525 shares of VEEVA SYSTEMS INC Class A Common Stock on September 1, 2026, arising from a previously granted RSU award.
What is Marshall Mohr’s remaining RSU position in VEEVA SYSTEMS INC after the transaction?
Following the September 1, 2026 vesting and conversion of 525 RSUs, Marshall Mohr holds 1,574 Restricted Stock Units, each representing a contingent right to receive one share of VEEVA SYSTEMS INC Class A Common Stock.
What were the original terms of Marshall Mohr’s RSU grant from June 17, 2026 at VEEV?
On June 17, 2026, Marshall Mohr was granted 2,099 RSUs under VEEVA SYSTEMS INC’s Amended & Restated 2013 Equity Incentive Plan, with 1/4 vesting on September 1, 2026 and the remainder vesting equally on a quarterly basis, subject to continued board service.
Is the reported VEEV insider transaction subject to Section 16(b) short-swing profit rules?
The company states the transaction is exempt from Section 16(b) of the Securities Exchange Act of 1934 pursuant to Rule 16b-6(b), which is cited in the Form 4 footnotes for this RSU conversion.
AI-generated analysis. How Rhea-AI works. Not financial advice.
