Veeva Systems (NYSE: VEEV) president sells 5,000 shares under 10b5-1 plan
Rhea-AI Filing Summary
Veeva Systems Inc. officer Thomas D. Schwenger, President & Chief Customer Officer, reported selling 5,000 shares of Class A common stock on July 16, 2026 at $200.00 per share in an open-market or private transaction. The transaction was effected under a Rule 10b5-1 trading plan adopted on October 14, 2025, leaving him with 20,449 directly held shares.
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Insights
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Insider Trade Summary 10b5-1
Net Seller: 5,000 shares
Net Sell
1 txn
Insider
Schwenger Thomas D.
Role
Pres. & Chief Customer Officer
Sold
5,000 shs ($1.00M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock F1 | 5,000 | $200.00 | $1.00M |
Holdings After Transaction:
Class A Common Stock — 20,449 shares (Direct)
Footnotes (1)
- F1. The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on October 14, 2025.
Key Figures
Shares sold: 5,000 shares
Sale price per share: $200.00 per share
Shares held after transaction: 20,449 shares
+2 more
5 metrics
Shares sold
5,000 shares
Class A Common Stock sold on July 16, 2026
Sale price per share
$200.00 per share
Price for the 5,000-share sale of Class A Common Stock
Shares held after transaction
20,449 shares
Directly owned Class A shares following the reported sale
Rule 10b5-1 plan adoption date
October 14, 2025
Date the trading plan governing the sale was adopted
Transactions in filing
1 sale, 0 purchases
Transaction summary shows only a net sale of 5,000 shares
Key Terms
Rule 10b5-1 trading plan, Class A Common Stock, open market or private transaction
3 terms
Rule 10b5-1 trading plan regulatory
"The sales reported ... 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.
Class A Common Stock financial
"security_title: Class A Common Stock for 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.
open market or private transaction financial
"transaction_code_description: Sale in open market or private transaction"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did VEEV executive Thomas D. Schwenger report?
Thomas D. Schwenger reported selling 5,000 shares of Veeva Systems (VEEV) Class A common stock on July 16, 2026 at $200.00 per share, in an open-market or private transaction as reflected in the Form 4 filing.
Was the VEEV insider sale by Thomas D. Schwenger under a Rule 10b5-1 trading plan?
Yes. The Form 4 states the sales were made pursuant to a Rule 10b5-1 trading plan adopted by Thomas D. Schwenger on October 14, 2025, and the Rule 10b5-1 checkbox is affirmatively marked for the filing.
What is Thomas D. Schwenger’s role at VEEVA SYSTEMS INC (VEEV)?
Thomas D. Schwenger is identified as President & Chief Customer Officer of Veeva Systems (VEEV). The Form 4 lists him as an officer holding that title, and not as a director or 10% beneficial owner.
What is the overall direction of insider activity in this VEEV Form 4?
The Form 4 reports one sale transaction totaling 5,000 shares sold and no purchases or option exercises, resulting in a net-sell direction for this filing, according to the transaction summary data provided.