Veeva Director Paul Sekhri Granted Stock Awards with One-Year Vesting Schedule

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Form Type

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.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider SEKHRI PAUL J

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Units	1,013	$0.00	--
holding	Class A Common Stock	--	--	--

Holdings After Transaction: Restricted Stock Units — 1,013 shares (Direct); Class A Common Stock — 16,669 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. 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.

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Form 4 Insider Transactions: What Each Field Means →

06/20/2025 - 04:58 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^*

SEKHRI PAUL J

(Last)

(First)

(Middle)

C/O VEEVA SYSTEMS INC.

4280 HACIENDA DRIVE

(Street)

PLEASANTON

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)
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								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)
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	⁽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.

Source: View Original Filing on SEC EDGAR

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.