Veeva Systems EVP Rizzo sells 4,520 and 321 shares

The RSU conversion left 3,343 restricted stock units reported afterward, alongside 854 shares withheld for tax obligations.

Filing Impact

(Very High)

Filing Sentiment

(Negative)How Sentiment works

Sentiment and the balance of points

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Form Type

Rhea-AI Filing Summary

Veeva Systems Inc. EVP, Sales, Consulting, & Svcs Daniel J. Rizzo reported a sequence of restricted-stock-unit conversion, share withholding and direct stock sales. On October 1, 2026, 1,672 RSUs converted into 1,672 Class A common shares; 854 shares were withheld by the issuer for tax withholding and remittance obligations in connection with net settlement. The reported post-transaction RSU balance was 3,343. On October 2, 2026, Rizzo sold 4,520 shares at $276.5301 per share and 321 shares at $276.2065 per share. No Rule 10b5-1 plan is reported.

Insights

Analyzing...

Insider Trade Summary

Exercise and sale activity reported; no spread calculated

Exercise and Sale 5 txns

Insider Rizzo Daniel J

Role EVP, Sales, Consulting, & Svcs

Sold 4,841 shs ($1.34M)

Approx. gross sale proceeds $1.34M

Approx. exercise cost $0.00

Type	Security	Shares	Price	Value
Sale	Class A Common Stock	4,520	$276.5301	$1.25M
Sale	Class A Common Stock	321	$276.2065	$89K
Exercise	Restricted Stock Units ^{F2, F1, F4}	1,672	$0.00	$0.00
Exercise	Class A Common Stock ^{F1, F2}	1,672	$0.00	$0.00
Tax Withholding	Class A Common Stock ^F3	854	$281.93	$241K

Holdings After Transaction: Restricted Stock Units — 3,343 contracts (Direct); Class A Common Stock — 7,665 shares (Direct)

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 Plan. The Reporting Person vests ownership in the RSUs over one year with 25% of the shares subject to the award vesting on July 1, 2026, and 1/4 of the shares vesting on a quarterly basis thereafter, subject to continued service to the Issuer by the Reporting Person.

Key Figures

Shares sold: 4,520 shares Sale price per share: $276.5301 Shares sold: 321 shares +4 more

7 metrics

Shares sold 4,520 shares October 2, 2026

Sale price per share $276.5301 Sale of 4,520 shares on October 2, 2026

Shares sold 321 shares October 2, 2026

Sale price per share $276.2065 Sale of 321 shares on October 2, 2026

RSUs converted 1,672 restricted stock units October 1, 2026

Shares withheld for tax obligations 854 shares October 1, 2026; RSU net settlement

RSUs following conversion 3,343 restricted stock units Reported after the October 1, 2026 transaction

Key Terms

Restricted Stock Unit, net settlement, Rule 16b-3(e)

3 terms

Restricted Stock Unit financial

"Each Restricted Stock Unit 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.

net settlement financial

"in connection with the net settlement of vested restricted stock units"

Rule 16b-3(e) regulatory

"pursuant to Rule 16b-3(e) promulgated under the Act"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many VEEV shares did Daniel J. Rizzo sell, and at what prices?

Daniel J. Rizzo reported selling 4,520 shares at $276.5301 per share and 321 shares at $276.2065 per share on October 2, 2026; no Rule 10b5-1 plan is reported.

What happened to Daniel J. Rizzo's VEEV restricted stock units?

On October 1, 2026, 1,672 restricted stock units converted into 1,672 Class A common shares. The issuer withheld 854 shares for tax withholding and remittance obligations in connection with net settlement, and the reported post-transaction RSU balance was 3,343.

How do Daniel J. Rizzo's VEEV restricted stock units vest?

The RSUs vest over one year, with 25% of the award vesting on July 1, 2026, and one-quarter vesting quarterly thereafter, subject to Daniel J. Rizzo's continued service to Veeva Systems Inc.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 10/05/2026 - 04:59 PM Accepted by SEC EDGAR 10/05/2026 - 04:59 PM

SEC Form 4

FORM 4

UNITED 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^*

Rizzo Daniel J

(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)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	EVP, Sales, Consulting, & Svcs

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
10/01/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Class A Common Stock	10/01/2026⁽¹⁾		M		1,672	A	$0⁽²⁾	13,360	D
Class A Common Stock	10/01/2026		F⁽³⁾		854⁽³⁾	D	$281.93	12,506	D
Class A Common Stock	10/02/2026		S		4,520	D	$276.5301	7,986	D
Class A Common Stock	10/02/2026		S		321	D	$276.2065	7,665	D

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Restricted Stock Units	$0⁽²⁾	10/01/2026⁽¹⁾		M			1,672	⁽⁴⁾	⁽⁴⁾	Class A Common Stock	1,672	$0	3,343	D

Explanation of Responses:

1. 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.

2. Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of Class A Common Stock of the Issuer.

3. 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.

4. The RSUs were granted under the Plan. The Reporting Person vests ownership in the RSUs over one year with 25% of the shares subject to the award vesting on July 1, 2026, and 1/4 of the shares vesting on a quarterly basis thereafter, subject to continued service to the Issuer by the Reporting Person.

Remarks:

	/s/ Liang Dong, attorney-in-fact	10/05/2026
	** Signature of Reporting Person	Date
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)

Source: View Original Filing on SEC EDGAR