VEEV Form 4: 980 shares gifted, post‑holding 22,793 shares

Rhea-AI Filing Summary

Insider reported a charitable gift of 980 shares of Class A common stock. The filing shows Thomas D. Schwenger, President & Chief Customer Officer, disposed of 980 shares on 10/08/2025 as a bona fide charitable gift with no payment in consideration. After the gift, he beneficially owned 22,793 shares. The transaction was reported on 10/10/2025 and executed by an attorney-in-fact.

Positive

• Reported charitable gift of 980 shares with statement of no payment
• Timely disclosure filed and signed by attorney-in-fact on 10/10/2025
• Clear post-transaction ownership amounting to 22,793 shares

Negative

• None.

Insights

Corporate Governance Analyst

Insider reduced holdings via a documented charitable donation; disclosure was timely.

The report shows a non‑market disposal of 980 Class A shares with a stated price of $0, indicating a gift rather than a sale. This preserves transparency about insider ownership changes and avoids trading‑related signaling.

Risks center on ownership dilution of the reporting person's stake; monitor any further scheduled disposals or filings in the next 30–90 days for additional pattern changes.

Equity Compliance Specialist

Form 4 correctly records the transaction type and beneficial ownership post‑transaction.

The form lists the transaction code G(1) and includes an explanation stating the disposal was a bona fide charitable gift with no consideration, satisfying Section 16 reporting requirements for non‑market transfers.

Investors and compliance teams should note the post‑transaction beneficial ownership of 22,793 shares and expect routine Section 16 filings if similar transfers occur later in the fiscal year.

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^*

Schwenger Thomas D.

(Last) (First) (Middle)

C/O VEEVA SYSTEMS INC.

4280 HACIENDA DRIVE

(Street)

PLEASANTON CA 94588

(City) (State) (Zip)

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

3. Date of Earliest Transaction (Month/Day/Year)
10/08/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

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

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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	10/08/2025		G(1)		980	D	$0	22,793	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

Explanation of Responses:

1. This was a bona fide charitable gift with no payment in consideration.

Remarks:

	/s/ Liang Dong, attorney-in-fact	10/10/2025
	** 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.

FAQ

What did the VEEV Form 4 filed on 10/10/2025 disclose?

The filing discloses that Thomas D. Schwenger disposed of 980 Class A shares on 10/08/2025 as a bona fide charitable gift with no payment.

How many VEEV shares does the reporting person own after the transaction?

The reporting person beneficially owned 22,793 shares following the reported transaction.

Was the Form 4 transaction a sale or a gift for VEEV insider activity?

It was reported as a charitable gift (transaction code G(1)) with a stated price of $0.

Who filed the Form 4 for VEEV and in what role is the reporting person?

The Form 4 reports Thomas D. Schwenger, who is listed as an officer (President & Chief Customer Officer), and the filing was signed by an attorney-in-fact.

Does the Form 4 show any derivative transactions for VEEV?

No derivative transactions are reported; only a non-derivative disposal of Class A common stock is listed.