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Veeva Systems (NYSE: VEEV) president sells 5,000 shares under 10b5-1 plan

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(Negative)
Form Type
4

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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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)
  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.
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
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"

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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.

How many VEEVA SYSTEMS INC (VEEV) shares does Thomas D. Schwenger hold after the sale?

After the reported sale, Thomas D. Schwenger directly holds 20,449 shares of Veeva Systems (VEEV) Class A common stock. This post-transaction balance is explicitly disclosed as the total shares following the transaction in the Form 4 data.

At what price were the VEEV shares sold by Thomas D. Schwenger?

The reported transaction shows a sale price of $200.00 per share for the 5,000 Veeva Systems (VEEV) Class A shares sold on July 16, 2026. The filing notes this as a per-share transaction price.

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.
SEC Form 4
FORM 4UNITED 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)
Director10% Owner
XOfficer (give title below)Other (specify below)
Pres. & Chief Customer Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
07/16/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Class A Common Stock07/16/2026S(1)5,000D$20020,449D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount 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 October 14, 2025.
Remarks:
/s/ Liang Dong, attorney-in-fact07/20/2026
** Signature of Reporting PersonDate
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)