Veeva director awarded 1,970 RSUs in latest filing
Carges Mark T reported acquisition or exercise transactions in this Form 4 filing.
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Form Type
4
Rhea-AI Filing Summary
Carges Mark T reported acquisition or exercise transactions in this Form 4 filing.
Veeva Systems director Mark T. Carges reported a grant of 1,970 Restricted Stock Units, each representing one share of Class A Common Stock. The RSUs were granted under the Amended & Restated 2013 Equity Incentive Plan and vest over one year, with one quarter vesting on September 1, 2026 and the remainder vesting quarterly, subject to his continued service. A revocable trust associated with him now holds 12,953 Class A shares, reflecting a transfer of 271 shares into the trust.
Insider Trade Summary
Grant/Award: 1,970 shares
Grant/Award
2 txns
Insider
Carges Mark T
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 1,970 | $0.00 | $0.00 |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 1,970 contracts (Direct);
Class A Common Stock — 12,953 shares (Indirect, By Mark Carges Revocable Trust dated 01/30/2019)
Footnotes (4)
- F1. The number of shares beneficially owned reflects the transfer of 271 shares of Class A Common Stock from the Reporting Person to the Mark Carges Revocable Trust dtd 1/30/19 (the "Trust"). The Reporting Person is a trustee and beneficiary of the Trust, and may be deemed to share voting and dispositive power with regard to the reported shares held by the Trust.
- F2. Shares held by the Trust. The Reporting Person is a trustee and beneficiary of the Trust, and may be deemed to share voting and dispositive power with regard to the reported shares held by the Trust.
- F3. Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of Class A Common Stock of the Issuer.
- 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 1/4 of the RSUs vesting on September 1, 2026, and 1/4 of the RSUs vesting on a quarterly basis thereafter, subject to continued service to the Issuer by the Reporting Person.
Key Figures
RSUs granted: 1,970 RSUs
Trust share holdings: 12,953 shares
Share transfer to trust: 271 shares
+2 more
5 metrics
RSUs granted
1,970 RSUs
Grant to Mark T. Carges on June 17, 2026
Trust share holdings
12,953 shares
Class A Common Stock held indirectly by revocable trust
Share transfer to trust
271 shares
Transfer from reporting person to Mark Carges Revocable Trust
Initial vesting date
September 1, 2026
1/4 of RSUs vest on this date
Vesting schedule
Quarterly after initial date
Remaining RSUs vest quarterly after September 1, 2026
Key Terms
Restricted Stock Unit ("RSU"), Amended & Restated 2013 Equity Incentive Plan, beneficially owned, voting and dispositive power, +1 more
5 terms
Restricted Stock Unit ("RSU") financial
"Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share"
Amended & Restated 2013 Equity Incentive Plan financial
"The RSUs were granted under the Issuer's Amended & Restated 2013 Equity Incentive Plan"
beneficially owned financial
"The number of shares beneficially owned reflects the transfer of 271 shares"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
voting and dispositive power financial
"may be deemed to share voting and dispositive power with regard to the reported shares"
contingent right financial
"Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did VEEVA SYSTEMS INC (VEEV) director Mark Carges report?
Mark T. Carges reported receiving a grant of 1,970 Restricted Stock Units. Each RSU represents a contingent right to one share of Veeva Systems Class A Common Stock, awarded under the company’s Amended & Restated 2013 Equity Incentive Plan as part of his director compensation.
How do the 1,970 RSUs granted to VEEV director Mark Carges vest?
The 1,970 RSUs vest over one year, with 1/4 vesting on September 1, 2026. The remaining RSUs vest on a quarterly basis thereafter, and vesting is conditioned on Mark Carges’ continued service to Veeva Systems as disclosed in the filing footnotes.
What does each Restricted Stock Unit granted to VEEV director Mark Carges represent?
Each Restricted Stock Unit granted to Mark Carges represents a contingent right to receive one share of Veeva Systems Class A Common Stock. These RSUs are part of his equity compensation and are subject to vesting conditions tied to continued service with the company.
Under which plan were the 1,970 RSUs for VEEV director Mark Carges granted?
The 1,970 RSUs granted to Mark Carges were issued under Veeva Systems’ Amended & Restated 2013 Equity Incentive Plan. This plan governs equity awards to eligible participants, including directors, and specifies vesting terms, conditions, and the form of underlying Class A Common Stock.
AI-generated analysis. How Rhea-AI works. Not financial advice.
