Veeva officer sells 10,000 shares at $281.33

VEEVA SYSTEMS INC (VEEV) reports that officer Thomas D. Schwenger exercised options for 10,000 shares of Class A common stock at an exercise price of $154.00 per share and on the same date sold 10,000 shares at $281.33 per share.

Rhea-AI Filing Summary

VEEVA SYSTEMS INC (VEEV) reports that officer Thomas D. Schwenger exercised options for 10,000 shares of Class A common stock at an exercise price of $154.00 per share and on the same date sold 10,000 shares at $281.33 per share. After the derivative transaction, 25,000 option shares remain reported as held directly. The option exercise is noted as exempt from Section 16(b) under Rule 16b-3, and the sale was executed under a Rule 10b5-1 trading plan. The option shares referenced are fully vested and may be exercised at any time.

Insider Trade Summary 10b5-1

Exercise and Sale: 10,000 shares ($1.27M approx. pre-tax spread)

Exercise and Sale 3 txns

Insider Schwenger Thomas D.

Role Pres. & Chief Customer Officer

Sold 10,000 shs ($2.81M)

Approx. gross sale proceeds $2.81M

Approx. exercise cost $1.54M

Approx. pre-tax spread $1.27M

Type	Security	Shares	Price	Value
Exercise	Stock Option (right to buy) F1, F3	10,000	$0.00	$0.00
Exercise	Class A Common Stock F1	10,000	$154.00	$1.54M
Sale	Class A Common Stock F2	10,000	$281.33	$2.81M

Holdings After Transaction: Stock Option (right to buy) — 25,000 contracts (Direct); Class A Common Stock — 19,449 shares (Direct)

Footnotes (3)

1. F1. Transaction exempt from Section 16(b) of the Securities Exchange Act of 1934 (the "Act") pursuant to Rule 16b-3 promulgated under the Act.
2. F2. The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.
3. F3. The option shares are fully vested and may be exercised at any time.

Key Figures

Options Exercised: 10,000 shares Option Exercise Price: $154.00 per share Shares Sold: 10,000 shares +4 more

7 metrics

Options Exercised 10,000 shares Stock Option (right to buy) exercised on 2026-08-27

Option Exercise Price $154.00 per share Exercise price of Stock Option into Class A Common Stock

Shares Sold 10,000 shares Class A Common Stock sale on 2026-08-27

Sale Price $281.33 per share Price for sale of Class A Common Stock

Options Held After Transaction 25,000 shares Total Stock Option shares following the derivative transaction

Option Expiration Date 2029-10-03 Expiration date of the reported Stock Option

Net Shares Sold 10,000 shares Net sell direction across reported buy/sell transactions

Key Terms

Rule 10b5-1 trading plan, Section 16(b), Rule 16b-3, Stock Option (right to buy), +1 more

5 terms

Rule 10b5-1 trading plan regulatory

"The sales reported on this Form 4 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.

Section 16(b) regulatory

"Transaction exempt from Section 16(b) of the Securities Exchange Act of 1934"

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-3 regulatory

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

Rule 16b-3 is a Securities and Exchange Commission regulation that exempts certain routine, pre-approved transactions by company insiders from automatic liability for short-term trading profits. It acts like a safe harbor: if an insider follows a formal plan or the board approves specific transactions in advance, profits from buying and selling company stock within six months are not automatically reclaimed. Investors care because the rule clarifies when insider trades are permissible and reduces uncertainty about potential clawbacks.

Stock Option (right to buy) financial

"security_title: Stock Option (right to buy)"

Class A Common Stock financial

"underlying_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.

FAQ

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

What insider transactions did VEEV executive Thomas D. Schwenger report on this Form 4?

Thomas D. Schwenger exercised options for 10,000 shares of VEEV Class A common stock at $154.00 per share and sold 10,000 shares at $281.33 per share, all on 2026-08-27.

How many VEEV option shares does Thomas D. Schwenger report holding after these transactions?

Following the reported option exercise, Thomas D. Schwenger reports holding 25,000 option shares directly in the derivative position related to VEEVA SYSTEMS INC.

What was the exercise price and sale price in the VEEV Form 4 transactions?

The options were exercised at an exercise price of $154.00 per VEEV share, and the resulting Class A common stock was sold at $281.33 per share.

Were the reported VEEV insider transactions under a Rule 10b5-1 plan?

Yes. The filing states that the sales reported were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person, and the filing’s Rule 10b5-1 checkbox is marked as affirmative.

Are the VEEV option shares reported in this Form 4 vested and exercisable?

Yes. A footnote states that the option shares are fully vested and may be exercised at any time, with an expiration date of 2029-10-03 for the derivative option position.

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

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Available on EDGAR 08/31/2026 - 04:39 PM EDT Accepted by SEC EDGAR 08/31/2026 - 04:39 PM EDT Learn about SEC filing dates

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).

X

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^*

Schwenger Thomas D.

(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)
	Pres. & Chief Customer Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
08/27/2026

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)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	08/27/2026(1)		M		10,000	A	$154	29,449	D
Class A Common Stock	08/27/2026		S(2)		10,000	D	$281.33	19,449	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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Option (right to buy)	$154	08/27/2026(1)		M			10,000	(3)	10/03/2029	Class A Common Stock	10,000	$0	25,000	D

Explanation of Responses:

1. Transaction exempt from Section 16(b) of the Securities Exchange Act of 1934 (the "Act") pursuant to Rule 16b-3 promulgated under the Act.

2. The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.

3. The option shares are fully vested and may be exercised at any time.

Remarks:

	/s/ Liang Dong, attorney-in-fact	08/31/2026
	** 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)