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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

Gordon Ritter, Director of Veeva Systems, received a grant of 1,191 Restricted Stock Units (RSUs) on June 18, 2025. The RSUs vest over one year, with 25% vesting on September 1, 2025, followed by quarterly vesting thereafter, subject to continued service.

Current beneficial ownership position:

  • Direct ownership: 797 shares of Class A Common Stock
  • Indirect ownership: - 575,282 shares through Ritter-Metzler Revocable Trust - 92,000 shares through GABACOR Holdings - 500,000 shares through Emergence Capital Partners II

The filing reveals significant indirect holdings through various entities where Ritter holds controlling positions or beneficial interests. Each RSU represents a contingent right to receive one share of Class A Common Stock. The transaction was executed pursuant to the company's Amended & Restated 2013 Equity Incentive Plan.

Positive
  • None.
Negative
  • None.
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*
Ritter Gordon

(Last) (First) (Middle)
C/O EMERGENCE CAPITAL
PIER 5, SUITE 102

(Street)
SAN FRANCISCO CA 94111

(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 797 D
Class A Common Stock 575,282 I By the Ritter-Metzler Revocable Trust dated November 6, 2000(1)
Class A Common Stock 92,000 I By GABACOR Holdings LLC(2)
Class A Common Stock 500,000 I By Emergence Capital Partners II, L.P.(3)
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 (4) 06/18/2025 A 1,191 (5) (5) Class A Common Stock 1,191 $0 1,191 D
Explanation of Responses:
1. Shares held by The Ritter-Metzler Revocable Trust dated November 6, 2000 (the "Trust"). The Reporting Person is a trustee and beneficiary of the Trust and may be deemed to share voting and dispositive power with regard to the reported shares held by the Trust. The Reporting Person disclaims beneficial ownership of the reported shares held by the Trust, except to the extent, if any, of his pecuniary interest therein.
2. Shares held by GABACOR Holdings LLC ("GABACOR"). The Reporting Person is a controlling person of GABACOR and may be deemed to share voting and dispositive power with regard to the reported shares held by GABACOR. The Reporting Person disclaims beneficial ownership of the reported shares held by GABACOR, except to the extent, if any, of his pecuniary interest therein.
3. The sole general partner of Emergence Capital Partners II, L.P. ("Emergence") is Emergence Equity Partners II, L.P. ("EEP II"), and the sole general partner of EEP II is Emergence GP Partners, LLC ("EGP", and together with Emergence and EEP II, the "Emergence Entities"), and each of EEP II and EGP may be deemed to have sole voting and dispositive power with respect to the shares held by Emergence, and EGP may be deemed to have sole voting and dispositive power with respect to the shares held by EEP II. The Reporting Person is a partner of EEP II and a member of EGP and serves on the Issuer's board of directors. The Reporting Person disclaims beneficial ownership of the reported shares held by the Emergence Entities except to the extent of his pecuniary interest therein, if any, by virtue of the limited liability company interest he owns in EGP and the partnership interest he owns in EEP II.
4. Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of Class A Common Stock of the Issuer.
5. 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 VEEV shares does Gordon Ritter directly own as of June 2025?

According to the Form 4 filing, Gordon Ritter directly owns 797 shares of Veeva Systems (VEEV) Class A Common Stock.

What was the size of Gordon Ritter's new RSU grant for VEEV stock in June 2025?

Gordon Ritter was granted 1,191 Restricted Stock Units (RSUs) of VEEV 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 Gordon Ritter's new VEEV RSU grant?

The RSUs vest over one year with 1/4 vesting on September 1, 2025, and 1/4 vesting quarterly thereafter, subject to Ritter's continued service to Veeva Systems.

How many VEEV shares does Gordon Ritter control through the Ritter-Metzler Revocable Trust?

The Ritter-Metzler Revocable Trust dated November 6, 2000, holds 575,282 shares of VEEV Class A Common Stock. As trustee and beneficiary, Ritter shares voting and dispositive power over these shares.

What is Gordon Ritter's total indirect ownership of VEEV shares through various entities?

Ritter's indirect ownership includes 575,282 shares through the Ritter-Metzler Trust, 92,000 shares through GABACOR Holdings LLC, and 500,000 shares through Emergence Capital Partners II, L.P., totaling 1,167,282 shares held indirectly.
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44.34B
150.42M
8.53%
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3.08%
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