Veeva Director Gordon Ritter's Stock Holdings Reveal Strong Insider Position
Filing Impact
Filing Sentiment
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.
Insider Trade Summary
5 transactions reported
Mixed
5 txns
Insider
Ritter Gordon
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 1,191 | $0.00 | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 1,191 shares (Direct);
Class A Common Stock — 797 shares (Direct);
Class A Common Stock — 575,282 shares (Indirect, By the Ritter-Metzler Revocable Trust dated November 6, 2000)
Footnotes (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. 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. 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. 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.
FAQ
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.