Veeva Systems (NYSE: VEEV) director sells 750-share lot under plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Veeva Systems director Priscilla Hung reported an open-market sale of 750 shares of Class A Common Stock on April 30, 2026, at $155.64 per share. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan adopted on January 12, 2026, and she now holds 3,253 shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 750 shares ($116,730)
Net Sell
1 txn
Insider
Hung Priscilla
Role
null
Sold
750 shs ($117K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 750 | $155.64 | $117K |
Holdings After Transaction:
Class A Common Stock — 3,253 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 750 shares
Sale price per share: $155.64 per share
Shares held after transaction: 3,253 shares
+2 more
5 metrics
Shares sold
750 shares
Open-market sale on April 30, 2026
Sale price per share
$155.64 per share
Class A Common Stock transaction
Shares held after transaction
3,253 shares
Direct holdings following the sale
Net share direction
750-share net sell
Form 4 transaction summary
Trading plan adoption date
January 12, 2026
Rule 10b5-1 trading plan governing the sale
Key Terms
Rule 10b5-1 trading plan, open-market sale, Form 4, Class A Common Stock
4 terms
Rule 10b5-1 trading plan regulatory
"The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted..."
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.
open-market sale financial
"transaction_action: "open-market sale" for the Class A Common Stock transaction"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Form 4 regulatory
"The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan..."
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
Class A Common Stock financial
"security_title: "Class A Common Stock" in the reported transaction"
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
What insider transaction did VEEVA SYSTEMS INC (VEEV) director Priscilla Hung report?
Director Priscilla Hung reported selling 750 shares of Veeva Systems Class A Common Stock in an open-market transaction on April 30, 2026, at $155.64 per share. This reduces, but does not eliminate, her direct stake, which now stands at 3,253 shares after the sale.
Was the recent VEEV insider sale by Priscilla Hung part of a trading plan?
Yes. The sale was carried out under a pre-arranged Rule 10b5-1 trading plan adopted on January 12, 2026. Such plans allow insiders to schedule trades in advance, helping separate routine portfolio management from discretionary, market-timed selling decisions.
Does the VEEVA SYSTEMS INC (VEEV) Form 4 show any option exercises or derivative trades?
No derivative transactions or option exercises appear in this Form 4. The filing shows only one non-derivative transaction: an open-market sale of 750 shares of Class A Common Stock, with no remaining derivative positions listed in the derivative transaction summary section.