Veeva’s Eleni Zuppas settles RSUs, holds 31,238 shares
Veeva Systems President & Chief of Staff Eleni Nitsa Zuppas exercised restricted stock units into Class A Common Stock and had shares withheld for taxes.
Accepted by SEC EDGAR
Learn about SEC filing dates
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Form Type
4
Rhea-AI Filing Summary
Veeva Systems President & Chief of Staff Eleni Nitsa Zuppas exercised restricted stock units into Class A Common Stock and had shares withheld for taxes. On April 1, 2026, she converted RSUs into 8,998 shares of Class A Common Stock and 4,002 shares were withheld at $172.74 per share to cover tax obligations, which the company notes was not a market transaction. Following these transactions, she directly holds 31,238 shares of Class A Common Stock.
Insider Trade Summary
8,998 shares exercised/converted
Exercise
6 txns
Insider
Zuppas Eleni Nitsa
Role
President & Chief of Staff
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 7,500 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 1,498 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 7,500 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Class A Common Stock | 3,464 | $172.74 | $598K |
| Exercise | Class A Common Stock | 1,498 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Class A Common Stock | 538 | $172.74 | $93K |
Holdings After Transaction:
Restricted Stock Units — 0 contracts (Direct);
Class A Common Stock — 31,238 shares (Direct)
Footnotes (5)
- F1. 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.
- F2. Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of Class A Common Stock of the Issuer.
- F3. 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.
- F4. The RSUs were granted under the Issuer's Amended & Restated 2013 Equity Incentive Plan (the "Plan"). The Reporting Person vests 100% ownership in the RSUs on April 1, 2026, subject to continued service to the Issuer by the Reporting Person.
- F5. The RSUs were granted under the 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.
Key Figures
RSUs converted: 8,998 shares
Tax-withheld shares: 4,002 shares
Tax withholding price: $172.74 per share
+3 more
6 metrics
RSUs converted
8,998 shares
Class A Common Stock received from RSU exercises on April 1, 2026
Tax-withheld shares
4,002 shares
Shares withheld to satisfy tax obligations at $172.74 per share
Tax withholding price
$172.74 per share
Value applied to shares withheld for RSU-related tax remittance
Post-transaction holdings
31,238 shares
Direct Class A Common Stock owned by Eleni Zuppas after transactions
First RSU block
7,500 RSUs
Restricted Stock Units converted into Class A Common Stock
Second RSU block
1,498 RSUs
Additional Restricted Stock Units converted into Class A Common Stock
Key Terms
Restricted Stock Units, Rule 16b-6(b), Rule 16b-3(e), net settlement, +1 more
5 terms
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.
Rule 16b-6(b) regulatory
"Transaction exempt from Section 16(b) of the Securities Exchange Act ... pursuant to Rule 16b-6(b)"
Rule 16b-3(e) regulatory
"Transaction exempt from Section 16(b) of the Act pursuant to Rule 16b-3(e) promulgated under the Act"
net settlement financial
"in connection with the net settlement of vested restricted stock units and not a market transaction"
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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did VEEV executive Eleni Zuppas report on April 1, 2026?
She reported exercising restricted stock units into Class A Common Stock and related tax-withholding dispositions. RSUs converted into 8,998 shares, while 4,002 shares were withheld by Veeva Systems to satisfy tax obligations tied to vested units.
What price was used for tax withholding on Eleni Zuppas’ VEEV RSUs?
For the tax-withholding dispositions, 4,002 shares of Class A Common Stock were valued at $172.74 per share. These shares were withheld by Veeva Systems to cover tax liabilities associated with the net settlement of vested restricted stock units.
How many restricted stock units did Eleni Zuppas convert into VEEV Class A Common Stock?
She converted two blocks of restricted stock units into Class A Common Stock: 7,500 RSUs and 1,498 RSUs. Each RSU represents a contingent right to receive one share of Class A Common Stock, according to the filing’s explanatory footnote.
Under which equity plan were Eleni Zuppas’ VEEV RSUs granted?
The restricted stock units were granted under Veeva Systems’ Amended & Restated 2013 Equity Incentive Plan. Footnotes describe vesting schedules, including 100% vesting on April 1, 2026 for one grant and staged vesting beginning July 1, 2025 for another.
AI-generated analysis. How Rhea-AI works. Not financial advice.
