Do Vipin Kondath’s Veeva Systems (VEEV) RSUs involve immediate share ownership?

No. Each Restricted Stock Unit represents a contingent right to receive one share of Class A Common Stock. Kondath gains actual share ownership only as RSUs vest on the specified schedules and the continued service conditions under the company’s equity plan are satisfied.

CAO Vipin Kondath awarded RSUs at Veeva Systems (NYSE: VEEV)

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Kondath Vipin reported acquisition or exercise transactions in this Form 4 filing.

Veeva Systems Chief Accounting Officer Vipin Kondath reported two grants of Restricted Stock Units (RSUs), each representing the right to receive one share of Class A Common Stock. One grant covers 669 RSUs, vesting over one year starting July 1, 2026, then quarterly, subject to continued service.

The second grant covers 5,884 RSUs, vesting 100% on April 1, 2030, also contingent on continued service with the company. These awards are compensation grants under Veeva’s Amended & Restated 2013 Equity Incentive Plan and are exempt from Section 16(b) under Rule 16b-6(b), not open-market stock purchases or sales.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Kondath Vipin

Role Chief Accounting Officer

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Units	0	$0.00	--
Grant/Award	Restricted Stock Units	0	$0.00	--

Holdings After Transaction: Restricted Stock Units — 669 shares (Direct)

Footnotes (1)

Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of Class A Common Stock of the Issuer. 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. The RSUs were granted under the Issuer's Amended & Restated 2013 Equity Incentive Plan (the "Plan"). The Reporting Person vests ownership in the RSUs over 1-year with 1/4 of the RSUs vesting on July 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. The RSUs were granted under the Plan. The Reporting Person vests 100% ownership in the RSUs on April 1, 2030, subject to continued service to the Issuer by the Reporting Person.

Key Figures

RSU grant (short-term): 669 RSUs RSU grant (long-term): 5,884 RSUs RSU-to-share ratio: 1 share per RSU +2 more

5 metrics

RSU grant (short-term) 669 RSUs Vests over 1 year with 1/4 on July 1, 2026, then quarterly

RSU grant (long-term) 5,884 RSUs Vests 100% on April 1, 2030, subject to continued service

RSU-to-share ratio 1 share per RSU Each RSU equals one share of Class A Common Stock

Section 16(b) status Exempt under Rule 16b-6(b) RSU transactions treated as exempt insider equity awards

Derivative transactions reported 2 transactions Both entries are RSU grant/award acquisitions on April 7, 2026

Key Terms

Restricted Stock Unit ("RSU"), Section 16(b), Rule 16b-6(b), Amended & Restored 2013 Equity Incentive Plan, +1 more

5 terms

Restricted Stock Unit ("RSU") financial

"Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share"

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-6(b) regulatory

"pursuant to Rule 16b-6(b) promulgated under the Act"

Amended & Restored 2013 Equity Incentive Plan financial

"The RSUs were granted under the Issuer's Amended & Restated 2013 Equity Incentive Plan"

Class A Common Stock financial

"receive one share of Class A Common Stock of the Issuer"

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.

Form 4 Insider Transactions: What Each Field Means →

04/09/2026 - 04:22 PM

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).

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^*

Kondath Vipin

(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)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	Chief Accounting Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/07/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Restricted Stock Units	⁽¹⁾	04/07/2026⁽²⁾		A		0		⁽³⁾	⁽³⁾	Class A Common Stock	669	$0	669	D
Restricted Stock Units	⁽¹⁾	04/07/2026⁽²⁾		A		0		⁽⁴⁾	⁽⁴⁾	Class A Common Stock	5,884	$0	5,884	D

Explanation of Responses:

1. Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of Class A Common Stock of the Issuer.

2. 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.

3. The RSUs were granted under the Issuer's Amended & Restated 2013 Equity Incentive Plan (the "Plan"). The Reporting Person vests ownership in the RSUs over 1-year with 1/4 of the RSUs vesting on July 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.

4. The RSUs were granted under the Plan. The Reporting Person vests 100% ownership in the RSUs on April 1, 2030, subject to continued service to the Issuer by the Reporting Person.

Remarks:

	/s/ Liang Dong, attorney-in-fact	04/09/2026
	** 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.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What did Veeva Systems (VEEV) executive Vipin Kondath report in this Form 4?

Chief Accounting Officer Vipin Kondath reported receiving two grants of Restricted Stock Units (RSUs) linked to Veeva Systems Class A Common Stock. These RSU awards are part of his equity compensation and are not open-market stock purchases or sales.

How many Restricted Stock Units did Vipin Kondath receive from Veeva Systems (VEEV)?

Vipin Kondath received 669 Restricted Stock Units in one grant and 5,884 Restricted Stock Units in another. Each RSU represents a contingent right to receive one share of Veeva Systems Class A Common Stock if the applicable vesting and service conditions are satisfied.

What are the vesting terms of Vipin Kondath’s new RSUs at Veeva Systems (VEEV)?

For 669 RSUs, one-quarter vests on July 1, 2026, with the remaining three-quarters vesting quarterly over the following year, subject to continued service. The 5,884 RSUs vest 100% on April 1, 2030, also contingent on Kondath’s continued service with Veeva Systems.

Under what plan were Vipin Kondath’s Veeva Systems (VEEV) RSUs granted?

Both RSU awards were granted under Veeva Systems’ Amended & Restated 2013 Equity Incentive Plan. This plan governs the company’s equity compensation, including RSUs, and sets the terms under which executives and employees receive and vest in stock-based awards.

Are Vipin Kondath’s Veeva Systems (VEEV) RSU grants exempt from Section 16(b)?

Yes. The filing states these RSU transactions are exempt from Section 16(b) of the Securities Exchange Act of 1934 under Rule 16b-6(b). This exemption applies to certain derivative-based compensation awards rather than open-market trading by insiders.