Veeva (NYSE: VEEV) president granted RSUs vesting in 2026 and 2030
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Zuppas Eleni Nitsa reported acquisition or exercise transactions in this Form 4 filing.
Veeva Systems reported that President & Chief of Staff Eleni Nitsa Zuppas received two new grants of Restricted Stock Units (RSUs) linked to Class A common stock. One award covers 8,721 RSUs that vest over one year starting on July 1, 2026, then quarterly, subject to continued service. A second award covers 14,535 RSUs that vest 100% on April 1, 2030, also contingent on continued service. Each RSU represents a right to receive one share of Veeva Class A common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Zuppas Eleni Nitsa
Role
President & Chief of Staff
| 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 — 8,721 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 1: 8,721 RSUs
RSU grant 2: 14,535 RSUs
Post-grant RSUs (award 1): 8,721 units
+1 more
4 metrics
RSU grant 1
8,721 RSUs
Underlying Class A common stock; vests starting July 1, 2026
RSU grant 2
14,535 RSUs
Underlying Class A common stock; vests 100% on April 1, 2030
Post-grant RSUs (award 1)
8,721 units
Total RSUs following first transaction, as reported
Post-grant RSUs (award 2)
14,535 units
Total RSUs following second transaction, as reported
Key Terms
Restricted Stock Unit ("RSU"), Section 16(b), Rule 16b-6(b), 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"
Equity Incentive Plan financial
"granted under the Issuer's Amended & Restated 2013 Equity Incentive Plan"
An equity incentive plan is a program that gives employees, executives or directors the right to receive company stock or options to buy stock as part of their pay. Think of it as offering slices of future company profit to motivate people to boost long‑term performance; for investors it matters because it can align employee goals with shareholder value but also increases the number of shares outstanding, which can dilute existing ownership.
vesting financial
"1/4 of the RSUs vesting on July 1, 2026, and 1/4 of the RSUs vesting on a quarterly basis thereafter"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
FAQ
What insider equity awards were reported for VEEV in this Form 4?
Veeva Systems reported that President & Chief of Staff Eleni Nitsa Zuppas received two new Restricted Stock Unit grants, covering 8,721 and 14,535 RSUs. Each RSU represents a contingent right to receive one share of Veeva Class A common stock, subject to vesting.
How do the new RSU grants for VEEV’s Eleni Zuppas vest over time?
One RSU grant of 8,721 units vests over one year starting July 1, 2026, with one-quarter vesting then and the remainder vesting quarterly. A second grant of 14,535 RSUs vests 100% on April 1, 2030, assuming continued service.
Under what plan were the new VEEV RSUs to Eleni Zuppas granted?
The RSUs were granted under Veeva Systems’ Amended & Restated 2013 Equity Incentive Plan. This plan provides equity-based compensation, and the reported RSU awards vest only if Eleni Zuppas continues providing service to the company through the specified vesting dates.