Veeva Systems CAO exercises RSUs, withholds shares
Veeva Systems Chief Accounting Officer Kristine Diamond exercised 218 Restricted Stock Units on October 1, 2025, receiving an equal number of Class A Common shares at no cost.
Rhea-AI Filing Summary
Veeva Systems Chief Accounting Officer Kristine Diamond exercised 218 Restricted Stock Units on October 1, 2025, receiving an equal number of Class A Common shares at no cost. A separate tax-withholding disposition delivered 79 shares to the issuer. After these events she directly holds 1,142 Class A Common shares.
Positive
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Negative
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Insider Trade Summary
218 shares exercised/converted
Exercise
3 txns
Insider
DIAMOND KRISTINE
Role
Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 218 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 218 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Class A Common Stock | 79 | $293.26 | $23K |
Holdings After Transaction:
Restricted Stock Units — 436 contracts (Direct);
Class A Common Stock — 1,142 shares (Direct)
Footnotes (4)
- F1. Transaction exempt from Section 16(b) of the Securities Exchange Act of 1934 (the "Act") pursuant to Rule 16b-6(b) promulgated under the Act.
- F2. Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of Class A Common Stock of the Issuer.
- F3. Represents shares that have been withheld by the Issuer to satisfy tax withholding and remittance obligations in connection with the net settlement of vested restricted stock units and not a market transaction. Transaction exempt from Section 16(b) of the Act pursuant to Rule 16b-3(e) promulgated under the Act.
- F4. The RSUs were granted under the Issuer's Amended & Restated 2013 Equity Incentive Plan. The Reporting Person vests ownership in the RSUs over one year with 25% vesting on July 1, 2025, and 25% of the RSUs vesting on a quarterly basis thereafter, subject to continued service to the Issuer by the Reporting Person.
Key Figures
RSUs exercised: 218 shares
Shares withheld for taxes: 79 shares
Tax-withholding price: $293.2600 per share
+2 more
5 metrics
RSUs exercised
218 shares
Restricted Stock Units converted to Class A Common Stock on October 1, 2025
Shares withheld for taxes
79 shares
Class A Common Stock delivered to issuer for tax withholding on October 1, 2025
Tax-withholding price
$293.2600 per share
Per-share value for the 79-share tax-withholding disposition
Direct Class A holdings
1,142 shares
Direct Class A Common Stock held by Kristine Diamond after reported transactions
RSU vesting schedule
25% on July 1, 2025; 25% quarterly
Annual RSU vesting pattern subject to continued service to Veeva Systems
Key Terms
Restricted Stock Units, Section 16(b), Rule 16b-3(e), net settlement, +1 more
5 terms
Restricted Stock Units financial
"Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Section 16(b) regulatory
"Transaction exempt from Section 16(b) of the Securities Exchange Act of 1934"
A federal rule that requires company insiders—like officers, directors and large shareholders—to return any profits made from buying and selling the company’s stock within a six-month window. It matters to investors because it discourages short-term trades that could exploit non-public information and helps protect outside shareholders by creating a simple, enforceable way to recover unfair gains, much like a rule stopping someone from flipping a limited-edition item for quick profit after getting early access.
Rule 16b-3(e) regulatory
"Transaction exempt from Section 16(b) of the Act pursuant to Rule 16b-3(e)"
net settlement financial
"to satisfy tax withholding and remittance obligations in connection with the net settlement of vested restricted stock units"
Equity Incentive Plan financial
"The RSUs were granted under the Issuer's Amended & Restated 2013 Equity Incentive Plan"
An equity incentive plan is a program that gives employees, executives or directors the right to receive company stock or options to buy stock as part of their pay. Think of it as offering slices of future company profit to motivate people to boost long‑term performance; for investors it matters because it can align employee goals with shareholder value but also increases the number of shares outstanding, which can dilute existing ownership.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did VEEV's Chief Accounting Officer report?
Kristine Diamond, Veeva Systems' Chief Accounting Officer, reported exercising 218 RSUs into Class A Common Stock on October 1, 2025. In a related tax-withholding transaction, 79 shares were delivered to the issuer, and she now directly holds 1,142 total shares.
What RSU activity did VEEV report for Kristine Diamond?
Kristine Diamond exercised 218 Restricted Stock Units, each representing a right to receive one Class A share, converting them into 218 shares at a $0.0000 exercise price. The RSUs were granted under Veeva's Amended & Restated 2013 Equity Incentive Plan.
How do Kristine Diamond's RSUs in VEEV vest over time?
The RSUs vest over one year, with 25% vesting on July 1, 2025, and 25% of the RSUs vesting on a quarterly basis thereafter. Vesting is subject to Kristine Diamond’s continued service to Veeva Systems as described in the equity plan footnote.
AI-generated analysis. How Rhea-AI works. Not financial advice.
