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Veeva Systems (VEEV) SVP Jonathan Faddis granted 6,541 RSUs under equity plan

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Veeva Systems senior vice president, general counsel and secretary Jonathan Faddis received a grant of 6,541 Restricted Stock Units that can convert into an equal number of Class A common shares. The RSUs were granted under the company’s Amended & Restated 2013 Equity Incentive Plan as part of his compensation.

The award vests over one year, with 1/4 of the RSUs vesting on July 1, 2026, and the remaining RSUs vesting in equal quarterly installments thereafter, as long as he continues serving the company. Following this grant, Faddis holds 6,541 shares/units directly related to this award.

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Insider Faddis Jonathan
Role SVP, Gen. Counsel, Secretary
Type Security Shares Price Value
Grant/Award Restricted Stock Units 0 $0.00 --
Holdings After Transaction: Restricted Stock Units — 6,541 shares (Direct)
Footnotes (1)
  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 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.
RSUs granted 6,541 units Restricted Stock Units awarded to Jonathan Faddis on April 7, 2026
Underlying shares 6,541 shares Each RSU represents one share of Class A common stock
Shares following transaction 6,541 shares Total direct holdings reported after the RSU grant
Initial vest date July 1, 2026 1/4 of RSUs vest on this date, remaining quarterly thereafter
Restricted Stock Units financial
"Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
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.
Equity Incentive Plan financial
"The RSUs were 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.
SEC Form 4
FORM 4UNITED 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*
Faddis Jonathan

(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
SVP, Gen. Counsel, Secretary
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/07/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units(1)04/07/2026(2)A0 (3) (3)Class A Common Stock6,541$06,541D
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 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-fact04/09/2026
** Signature of Reporting PersonDate
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)

FAQ

What insider transaction did VEEVA SYSTEMS INC (VEEV) report for Jonathan Faddis?

Veeva Systems reported that Jonathan Faddis received a grant of 6,541 Restricted Stock Units. Each RSU represents a contingent right to receive one share of Class A common stock, awarded as equity compensation under the company’s Amended & Restated 2013 Equity Incentive Plan.

Is the Jonathan Faddis Form 4 for VEEV a stock purchase or sale?

The Form 4 for Jonathan Faddis reflects an acquisition of Restricted Stock Units as a compensation grant, not an open-market stock purchase or sale. The transaction is coded as a grant or award and is exempt from Section 16(b) short-swing profit rules.

How many Restricted Stock Units did Jonathan Faddis receive from Veeva Systems (VEEV)?

Jonathan Faddis received 6,541 Restricted Stock Units. Each RSU represents a contingent right to receive one share of Veeva Systems Class A common stock, subject to the vesting schedule and his continued service with the company over the defined period.

What is the vesting schedule for Jonathan Faddis’s Veeva Systems RSU grant?

The RSUs vest over one year, with one quarter vesting on July 1, 2026. The remaining three quarters vest on a quarterly basis after that date, provided Jonathan Faddis continues to serve Veeva Systems during the entire vesting period.

Under which plan were Jonathan Faddis’s Veeva Systems RSUs granted?

The RSUs were granted under Veeva Systems’ Amended & Restated 2013 Equity Incentive Plan. This plan provides equity-based compensation, such as Restricted Stock Units, to executives and other participants to align their interests with long-term shareholder value.

What does each Veeva Systems RSU granted to Jonathan Faddis represent?

Each Restricted Stock Unit granted to Jonathan Faddis represents a contingent right to receive one share of Veeva Systems Class A common stock. Delivery of these shares depends on satisfying the vesting conditions tied to continued service with the company.