Veeva Systems Schwenger acquires 2,907 shares

The RSUs vest over one year, with one-quarter vesting July 1, 2026 and one-quarter quarterly thereafter, subject to continued service.

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Filing Sentiment

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Form Type

Rhea-AI Filing Summary

Veeva Systems Inc. Pres. & Chief Customer Officer Thomas D. Schwenger converted 2,907 restricted stock units into 2,907 Class A common shares on October 1, 2026. The issuer withheld 1,272 shares to satisfy tax withholding and remittance obligations in the net settlement of vested RSUs; the footnote states this was not a market transaction. His reported post-transaction position was 5,814 RSUs.

Insider Trade Summary

2,907 shares exercised/converted

Exercise 3 txns

Insider Schwenger Thomas D.

Role Pres. & Chief Customer Officer

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units ^{F2, F1, F4}	2,907	$0.00	$0.00
Exercise	Class A Common Stock ^{F1, F2}	2,907	$0.00	$0.00
Tax Withholding	Class A Common Stock ^F3	1,272	$281.93	$359K

Holdings After Transaction: Restricted Stock Units — 5,814 contracts (Direct); Class A Common Stock — 20,084 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 "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.

Key Figures

Restricted stock units converted: 2,907 restricted stock units Class A common shares acquired: 2,907 shares Shares withheld for taxes: 1,272 shares +2 more

5 metrics

Restricted stock units converted 2,907 restricted stock units October 1, 2026

Class A common shares acquired 2,907 shares October 1, 2026

Shares withheld for taxes 1,272 shares Withheld in connection with the net settlement of vested RSUs on October 1, 2026

Reported per-share amount $281.93 per share Reported for the 1,272 shares withheld on October 1, 2026

Reported post-transaction RSU position 5,814 restricted stock units Following the October 1, 2026 transaction

Key Terms

Restricted Stock Unit, net settlement, tax withholding and remittance obligations, Rule 16b-3(e)

4 terms

Restricted Stock Unit financial

"Each Restricted Stock Unit ("RSU") represents a contingent right"

A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.

net settlement financial

"in connection with the net settlement of vested restricted stock units"

tax withholding and remittance obligations financial

"to satisfy tax withholding and remittance obligations"

Rule 16b-3(e) regulatory

"pursuant to Rule 16b-3(e)"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many VEEV shares did Thomas D. Schwenger receive in the RSU transaction?

On October 1, 2026, Thomas D. Schwenger converted 2,907 RSUs into 2,907 Class A common shares. The issuer withheld 1,272 shares to satisfy tax withholding and remittance obligations in the net settlement; the footnote states this was not a market transaction.

What is the vesting schedule for Thomas D. Schwenger’s VEEV RSUs?

The RSUs vest over one year, with one-quarter vesting on July 1, 2026 and one-quarter vesting quarterly thereafter, subject to Thomas D. Schwenger’s continued service to Veeva Systems Inc.

How many RSUs did Thomas D. Schwenger hold after the VEEV transaction?

His reported post-transaction position was 5,814 restricted stock units.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

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Available on EDGAR 10/05/2026 - 05:00 PM Accepted by SEC EDGAR 10/05/2026 - 04:59 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^*

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)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	Pres. & Chief Customer Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
10/01/2026

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)
Class A Common Stock	10/01/2026⁽¹⁾		M		2,907	A	$0⁽²⁾	21,356	D
Class A Common Stock	10/01/2026		F⁽³⁾		1,272⁽³⁾	D	$281.93	20,084	D

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	⁽²⁾	10/01/2026⁽¹⁾		M			2,907	⁽⁴⁾	⁽⁴⁾	Class A Common Stock	2,907	$0	5,814	D

Explanation of Responses:

1. 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.

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

3. 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.

4. 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.

Remarks:

	/s/ Liang Dong, attorney-in-fact	10/05/2026
	** 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