Veeva (NYSE: VEEV) director receives 1,906 RSUs equity award
Rhea-AI Filing Summary
Hung Priscilla reported acquisition or exercise transactions in this Form 4 filing.
Veeva Systems director Priscilla Hung reported an equity compensation grant. She received 1,906 Restricted Stock Units (RSUs) on Class A Common Stock, each representing a contingent right to one share. The RSUs were granted under Veeva’s Amended & Restated 2013 Equity Incentive Plan.
The award vests over one year, with one quarter of the RSUs vesting on September 1, 2026, and the remaining portions vesting quarterly thereafter, subject to her continued service. Following this filing, she directly holds 3,515 shares of Class A Common Stock and 1,906 RSUs.
Positive
- None.
Negative
- None.
Insights
Routine RSU grant to Veeva director with time-based vesting.
Director Priscilla Hung received 1,906 RSUs on Veeva Class A Common Stock as a compensation award under the company’s equity plan. RSUs are non-cash grants that typically align director incentives with long-term shareholder outcomes.
The award vests over one year, with one quarter vesting on September 1, 2026 and the rest vesting quarterly, conditioned on continued service. This is a standard governance practice and, at this scale relative to the company, appears as a routine, non-disruptive compensation event.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 1,906 | $0.00 | -- |
| holding | Class A Common Stock | -- | -- | -- |
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, 2026, and 1/4 of the RSUs vesting on a quarterly basis thereafter, subject to continued service to the Issuer by the Reporting Person.