Veeva Systems grants RSUs to CAO Kondath
Kondath Vipin reported acquisition or exercise transactions in this Form 4 filing.
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 0 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Units | 0 | $0.00 | $0.00 |
Footnotes (4)
- F1. Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of Class A Common Stock of the Issuer.
- F2. 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.
- F3. 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.
- F4. 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
Key Terms
Restricted Stock Unit ("RSU") financial
Section 16(b) regulatory
Rule 16b-6(b) regulatory
Amended & Restored 2013 Equity Incentive Plan financial
Class A Common Stock financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Veeva Systems (VEEV) executive Vipin Kondath report in this Form 4?
How many Restricted Stock Units did Vipin Kondath receive from Veeva Systems (VEEV)?
What are the vesting terms of Vipin Kondath’s new RSUs at Veeva Systems (VEEV)?
Under what plan were Vipin Kondath’s Veeva Systems (VEEV) RSUs granted?
Are Vipin Kondath’s Veeva Systems (VEEV) RSU grants exempt from Section 16(b)?
AI-generated analysis. How Rhea-AI works. Not financial advice.