VEEV Form 4: 720-Share Sale at $298.12 and 5,001-Share Charitable Gift

Rhea-AI Filing Summary

The filing shows that Jonathan Faddis, SVP, General Counsel and Secretary of Veeva Systems (VEEV), executed two Class A Common Stock transactions on 10/06/2025. He sold 720 shares at $298.12 under a Rule 10b5-1 trading plan adopted on 12/19/2024, and made a bona fide charitable gift of 5,001 shares with no consideration. The report shows beneficial ownership figures of 7,868 shares and 2,867 shares following the respective transactions.

Positive

• Sale executed under a Rule 10b5-1 plan, indicating a pre-established trading program
• 5,001 shares gifted to charity with no consideration, reducing insider holdings without cash proceeds
• Form 4 signed by attorney-in-fact, showing procedural compliance with reporting rules

Negative

• 720 shares sold at $298.12, reducing insider stake
• Beneficial ownership decreased to 7,868 shares and 2,867 shares after the reported transactions

Insights

Insider Transactions Analyst

Insider sold 720 shares under a pre-established 10b5-1 plan and gifted 5,001 shares.

The sale of $298.12 per share for 720 shares was executed pursuant to a Rule 10b5-1 trading plan adopted on 12/19/2024, which legally structures timing to avoid opportunistic trading.

The separate transfer of 5,001 shares is disclosed as a bona fide charitable gift with no payment; this reduces direct beneficial ownership and does not generate selling proceeds.

Corporate Governance Counsel

Reporting follows Section 16 reporting and includes an attorney-in-fact signature, indicating procedural compliance.

The Form 4 is signed by an attorney-in-fact and explicitly notes the 10b5-1 plan and charitable nature of the gift, which are common compliance measures for insiders making planned disposals and philanthropy.

Investors may track future Form 4 filings for any additional disposals or changes in beneficial ownership after 10/06/2025.

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^*

Faddis Jonathan

(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)
	SVP, Gen. Counsel, Secretary

3. Date of Earliest Transaction (Month/Day/Year)
10/06/2025

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	10/06/2025		S(1)		720	D	$298.12	7,868	D
Class A Common Stock	10/06/2025		G(2)		5,001	D	$0	2,867	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. The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 19, 2024.

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

Remarks:

	/s/ Liang Dong, attorney-in-fact	10/08/2025
	** 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 Jonathan Faddis (VEEV) report on Form 4 dated 10/06/2025?

He reported a sale of 720 Class A shares at $298.12 under a Rule 10b5-1 plan and a charitable gift of 5,001 shares with no consideration.

Was the sale by the VEEV insider part of a pre-arranged plan?

Yes. The filing states the sale was effected pursuant to a Rule 10b5-1 trading plan adopted on 12/19/2024.

How many VEEV shares does the reporting person own after these transactions?

The filing lists beneficial ownership figures of 7,868 shares and 2,867 shares following the respective reported transactions.

Was the 5,001-share transfer a sale?

No. The filing describes the transfer of 5,001 shares as a bona fide charitable gift with no payment in consideration.

Who signed the Form 4 for the reporting person?

The Form 4 is signed by Liang Dong, attorney-in-fact on 10/08/2025.