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[Form 4] Veeva Systems Inc. Insider Trading Activity

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4
Rhea-AI Filing Summary

Form 4 Filing: Veeva Systems (VEEV) Director Receives RSU Grant

Director Paul J. Sekhri received a grant of 1,013 Restricted Stock Units (RSUs) on June 18, 2025. Each RSU represents the right to receive one share of Veeva Systems Class A Common Stock. The RSUs will vest over one year with the following schedule:

  • 25% vesting on September 1, 2025
  • Remaining 75% vesting quarterly thereafter
  • Vesting contingent on continued service with Veeva

The RSUs were granted under Veeva's Amended & Restated 2013 Equity Incentive Plan at $0 cost. Following the transaction, Sekhri directly owns 16,669 shares of Class A Common Stock and 1,013 RSUs. This equity compensation aligns the director's interests with shareholders through continued stock ownership.

Modulo 4 Depositato: Il Direttore di Veeva Systems (VEEV) Riceve una Concessione di RSU

Il direttore Paul J. Sekhri ha ricevuto una concessione di 1.013 Unità Azionarie Vincolate (RSU) il 18 giugno 2025. Ogni RSU rappresenta il diritto a ricevere una azione ordinaria di classe A di Veeva Systems. Le RSU matureranno nell'arco di un anno secondo il seguente calendario:

  • 25% maturazione il 1° settembre 2025
  • Il restante 75% maturerà trimestralmente successivamente
  • La maturazione è subordinata alla continuazione del servizio presso Veeva

Le RSU sono state concesse nell'ambito del Piano di Incentivi Azionari Emendato e Ristabilito del 2013 di Veeva, senza alcun costo. Dopo questa operazione, Sekhri possiede direttamente 16.669 azioni ordinarie di classe A e 1.013 RSU. Questa forma di compenso azionario allinea gli interessi del direttore con quelli degli azionisti attraverso il mantenimento della proprietà azionaria.

Presentación del Formulario 4: El Director de Veeva Systems (VEEV) Recibe una Concesión de RSU

El director Paul J. Sekhri recibió una concesión de 1,013 Unidades de Acciones Restringidas (RSU) el 18 de junio de 2025. Cada RSU representa el derecho a recibir una acción ordinaria Clase A de Veeva Systems. Las RSU se consolidarán en el transcurso de un año según el siguiente calendario:

  • 25% consolidación el 1 de septiembre de 2025
  • El 75% restante se consolidará trimestralmente a partir de entonces
  • La consolidación depende de la continuidad del servicio en Veeva

Las RSU fueron otorgadas bajo el Plan de Incentivos de Capital Reformado y Restablecido de Veeva de 2013 sin costo alguno. Tras esta transacción, Sekhri posee directamente 16,669 acciones ordinarias Clase A y 1,013 RSU. Esta compensación en acciones alinea los intereses del director con los de los accionistas mediante la propiedad continua de acciones.

Form 4 제출: Veeva Systems (VEEV) 이사, RSU 부여 받음

이사 Paul J. Sekhri는 2025년 6월 18일에 1,013개의 제한 주식 단위(RSU)를 부여받았습니다. 각 RSU는 Veeva Systems 클래스 A 보통주 1주를 받을 권리를 의미합니다. RSU는 다음 일정에 따라 1년 동안 단계적으로 확정됩니다:

  • 2025년 9월 1일에 25% 확정
  • 이후 분기별로 나머지 75% 확정
  • 확정은 Veeva에서의 계속 근무를 조건으로 함

이 RSU는 Veeva의 2013년 개정 및 재확인된 주식 인센티브 계획에 따라 비용 없이 부여되었습니다. 이번 거래 후 Sekhri는 클래스 A 보통주 16,669주와 1,013 RSU를 직접 보유하게 됩니다. 이 주식 보상은 이사의 이해관계를 주주들과 일치시키고 지속적인 주식 보유를 통해 이를 강화합니다.

Dépôt du Formulaire 4 : Un Directeur de Veeva Systems (VEEV) reçoit une attribution de RSU

Le directeur Paul J. Sekhri a reçu une attribution de 1 013 unités d’actions restreintes (RSU) le 18 juin 2025. Chaque RSU donne droit à une action ordinaire de classe A de Veeva Systems. Les RSU seront acquises sur une période d’un an selon le calendrier suivant :

  • 25 % acquis le 1er septembre 2025
  • Les 75 % restants acquis trimestriellement par la suite
  • L’acquisition est conditionnée à la poursuite du service chez Veeva

Les RSU ont été attribuées dans le cadre du Plan d’Incitation en Actions modifié et révisé de 2013 de Veeva, sans coût. À la suite de cette opération, Sekhri détient directement 16 669 actions ordinaires de classe A et 1 013 RSU. Cette rémunération en actions aligne les intérêts du directeur sur ceux des actionnaires grâce à la détention continue d’actions.

Formular 4 Einreichung: Veeva Systems (VEEV) Direktor erhält RSU-Zuteilung

Direktor Paul J. Sekhri erhielt am 18. Juni 2025 eine Zuteilung von 1.013 Restricted Stock Units (RSUs). Jede RSU berechtigt zum Erhalt einer Aktie der Veeva Systems Class A Stammaktien. Die RSUs werden über ein Jahr mit folgendem Zeitplan vesten:

  • 25% Vesting am 1. September 2025
  • Die verbleibenden 75% vesten danach vierteljährlich
  • Das Vesting ist an die fortlaufende Dienstzeit bei Veeva gebunden

Die RSUs wurden im Rahmen des geänderten und neu gefassten Equity Incentive Plans von Veeva aus dem Jahr 2013 ohne Kosten gewährt. Nach der Transaktion besitzt Sekhri direkt 16.669 Class A Stammaktien und 1.013 RSUs. Diese Aktienvergütung richtet die Interessen des Direktors durch fortgesetzten Aktienbesitz mit denen der Aktionäre aus.

Positive
  • None.
Negative
  • None.

Modulo 4 Depositato: Il Direttore di Veeva Systems (VEEV) Riceve una Concessione di RSU

Il direttore Paul J. Sekhri ha ricevuto una concessione di 1.013 Unità Azionarie Vincolate (RSU) il 18 giugno 2025. Ogni RSU rappresenta il diritto a ricevere una azione ordinaria di classe A di Veeva Systems. Le RSU matureranno nell'arco di un anno secondo il seguente calendario:

  • 25% maturazione il 1° settembre 2025
  • Il restante 75% maturerà trimestralmente successivamente
  • La maturazione è subordinata alla continuazione del servizio presso Veeva

Le RSU sono state concesse nell'ambito del Piano di Incentivi Azionari Emendato e Ristabilito del 2013 di Veeva, senza alcun costo. Dopo questa operazione, Sekhri possiede direttamente 16.669 azioni ordinarie di classe A e 1.013 RSU. Questa forma di compenso azionario allinea gli interessi del direttore con quelli degli azionisti attraverso il mantenimento della proprietà azionaria.

Presentación del Formulario 4: El Director de Veeva Systems (VEEV) Recibe una Concesión de RSU

El director Paul J. Sekhri recibió una concesión de 1,013 Unidades de Acciones Restringidas (RSU) el 18 de junio de 2025. Cada RSU representa el derecho a recibir una acción ordinaria Clase A de Veeva Systems. Las RSU se consolidarán en el transcurso de un año según el siguiente calendario:

  • 25% consolidación el 1 de septiembre de 2025
  • El 75% restante se consolidará trimestralmente a partir de entonces
  • La consolidación depende de la continuidad del servicio en Veeva

Las RSU fueron otorgadas bajo el Plan de Incentivos de Capital Reformado y Restablecido de Veeva de 2013 sin costo alguno. Tras esta transacción, Sekhri posee directamente 16,669 acciones ordinarias Clase A y 1,013 RSU. Esta compensación en acciones alinea los intereses del director con los de los accionistas mediante la propiedad continua de acciones.

Form 4 제출: Veeva Systems (VEEV) 이사, RSU 부여 받음

이사 Paul J. Sekhri는 2025년 6월 18일에 1,013개의 제한 주식 단위(RSU)를 부여받았습니다. 각 RSU는 Veeva Systems 클래스 A 보통주 1주를 받을 권리를 의미합니다. RSU는 다음 일정에 따라 1년 동안 단계적으로 확정됩니다:

  • 2025년 9월 1일에 25% 확정
  • 이후 분기별로 나머지 75% 확정
  • 확정은 Veeva에서의 계속 근무를 조건으로 함

이 RSU는 Veeva의 2013년 개정 및 재확인된 주식 인센티브 계획에 따라 비용 없이 부여되었습니다. 이번 거래 후 Sekhri는 클래스 A 보통주 16,669주와 1,013 RSU를 직접 보유하게 됩니다. 이 주식 보상은 이사의 이해관계를 주주들과 일치시키고 지속적인 주식 보유를 통해 이를 강화합니다.

Dépôt du Formulaire 4 : Un Directeur de Veeva Systems (VEEV) reçoit une attribution de RSU

Le directeur Paul J. Sekhri a reçu une attribution de 1 013 unités d’actions restreintes (RSU) le 18 juin 2025. Chaque RSU donne droit à une action ordinaire de classe A de Veeva Systems. Les RSU seront acquises sur une période d’un an selon le calendrier suivant :

  • 25 % acquis le 1er septembre 2025
  • Les 75 % restants acquis trimestriellement par la suite
  • L’acquisition est conditionnée à la poursuite du service chez Veeva

Les RSU ont été attribuées dans le cadre du Plan d’Incitation en Actions modifié et révisé de 2013 de Veeva, sans coût. À la suite de cette opération, Sekhri détient directement 16 669 actions ordinaires de classe A et 1 013 RSU. Cette rémunération en actions aligne les intérêts du directeur sur ceux des actionnaires grâce à la détention continue d’actions.

Formular 4 Einreichung: Veeva Systems (VEEV) Direktor erhält RSU-Zuteilung

Direktor Paul J. Sekhri erhielt am 18. Juni 2025 eine Zuteilung von 1.013 Restricted Stock Units (RSUs). Jede RSU berechtigt zum Erhalt einer Aktie der Veeva Systems Class A Stammaktien. Die RSUs werden über ein Jahr mit folgendem Zeitplan vesten:

  • 25% Vesting am 1. September 2025
  • Die verbleibenden 75% vesten danach vierteljährlich
  • Das Vesting ist an die fortlaufende Dienstzeit bei Veeva gebunden

Die RSUs wurden im Rahmen des geänderten und neu gefassten Equity Incentive Plans von Veeva aus dem Jahr 2013 ohne Kosten gewährt. Nach der Transaktion besitzt Sekhri direkt 16.669 Class A Stammaktien und 1.013 RSUs. Diese Aktienvergütung richtet die Interessen des Direktors durch fortgesetzten Aktienbesitz mit denen der Aktionäre aus.

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*
SEKHRI PAUL J

(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)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
06/18/2025
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 16,669 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 Units (1) 06/18/2025 A 1,013 (2) (2) Class A Common Stock 1,013 $0 1,013 D
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. 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 1/4 of the RSUs vesting on September 1, 2025, 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 06/20/2025
** 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.

FAQ

How many Restricted Stock Units (RSUs) did VEEV director Paul Sekhri receive on June 18, 2025?

According to the Form 4 filing, VEEV director Paul Sekhri received 1,013 Restricted Stock Units (RSUs) on June 18, 2025. Each RSU represents a contingent right to receive one share of Class A Common Stock.

What is the vesting schedule for VEEV director Paul Sekhri's RSU grant?

The RSUs vest over one year with the following schedule: 1/4 of the RSUs vest on September 1, 2025, and the remaining RSUs vest quarterly thereafter, subject to Paul Sekhri's continued service to Veeva Systems.

How many shares of VEEV Class A Common Stock does Paul Sekhri own directly?

According to Table I of the Form 4 filing, Paul Sekhri directly owns 16,669 shares of VEEV Class A Common Stock.

What was the exercise price of the RSUs granted to VEEV's director Paul Sekhri?

The RSUs were granted at $0 exercise price, as shown in Table II of the Form 4 filing. These RSUs were granted under Veeva's Amended & Restated 2013 Equity Incentive Plan.
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PLEASANTON