Veeva Systems (VEEV) CFO details RSU vesting, tax share withholding

Rhea-AI Filing Summary

Veeva Systems Inc. reported insider equity activity by its Chief Financial Officer. On 01/01/2026, the CFO acquired 871 shares of Class A common stock at $0 upon the vesting and settlement of restricted stock units (RSUs). On the same date, 321 shares were disposed of at $223.23 per share, representing shares withheld by the company to cover tax obligations rather than an open-market sale. After these transactions, the CFO held 7,881 shares of Class A common stock directly and 872 RSUs remained outstanding under the company’s Amended & Restated 2013 Equity Incentive Plan. The RSUs vest over one year, with 25% vesting on July 1, 2025 and additional quarterly vesting thereafter, subject to continued service.

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

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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^*

Van Wagener Brian

(Last) (First) (Middle)

C/O VEEVA SYSTEMS INC.

4280 HACIENDA DRIVE

(Street)

PLEASANTON CA 94588

(City) (State) (Zip)

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 Financial Officer

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

4. If Amendment, Date of Original Filed (Month/Day/Year)

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

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	01/01/2026(1)		M		871	A	$0(2)	8,202	D
Class A Common Stock	01/01/2026		F(3)		321(3)	D	$223.23	7,881	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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Unit	(2)	01/01/2026(1)		M			871	(4)	(4)	Class A Common Stock	871	$0	872	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 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.

Remarks:

	/s/ Liang Dong, attorney-in-fact	01/05/2026
	** 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).
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FAQ

What insider transaction did Veeva Systems (VEEV) disclose for its CFO?

The Chief Financial Officer acquired 871 shares of Veeva Systems Class A common stock on 01/01/2026 through the vesting and settlement of restricted stock units.

Why were 321 Veeva Systems (VEEV) shares disposed of in this filing?

The 321 shares were withheld by Veeva Systems to satisfy tax withholding and remittance obligations related to vested RSUs and did not represent a market sale.

How many Veeva Systems (VEEV) shares does the CFO own after the reported transactions?

Following the reported transactions, the CFO beneficially owned 7,881 shares of Veeva Systems Class A common stock directly.

What RSU holdings remain for the Veeva Systems (VEEV) CFO after this Form 4?

After the transaction, the CFO held 872 restricted stock units (RSUs), each representing a contingent right to receive one share of Veeva Systems Class A common stock.

How do the Veeva Systems (VEEV) RSUs for the CFO vest?

The RSUs were granted under the Amended & Restated 2013 Equity Incentive Plan and vest over one year, with 25% vesting on July 1, 2025 and 25% vesting on a quarterly basis thereafter, subject to continued service.

Are the CFO’s Veeva Systems (VEEV) transactions exempt from Section 16(b)?

Yes. The RSU-related acquisition is stated as exempt under Rule 16b-6(b), and the tax withholding disposition is stated as exempt under Rule 16b-3(e) of the Securities Exchange Act of 1934.