Veeva Systems: Emergence distributes 250K shares
After the distribution, the trust reported 605,462 shares and Emergence Capital Partners II, L.P. reported zero.
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Rhea-AI Filing Summary
Veeva Systems (VEEV) director Gordon Ritter reported that Emergence Capital Partners II, L.P. distributed 250,000 Class A shares in kind, without consideration, to partners pro rata on October 15, 2026. The Ritter-Metzler Revocable Trust, where Ritter is a trustee and beneficiary, acquired 14,301 shares and reported 605,462 afterward; Emergence reported zero. Additional reported holdings were 92,000 shares through GABACOR Holdings LLC and 1,136 shares directly. Ritter disclaimed beneficial ownership of trust and Emergence shares except to the extent of any pecuniary interest.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Class A Common Stock F1, F2 | 14,301 | $0.00 | $0.00 |
| Other | Class A Common Stock F3, F4 | 250,000 | $0.00 | $0.00 |
| holding | Class A Common Stock F5 | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Footnotes (5)
- F1. Pro rata distribution from Emergence Capital Partners II, L.P. ("Emergence) in accordance with the exemption under Rule 16a-9(a) and Rule 16a-13 of the Securities Exchange Act of 1934, as amended.
- F2. 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.
- F3. The Reporting Person is voluntarily making this filing to report certain exempt transactions. On October 15, 2026, Emergence distributed in-kind, without consideration, 250,000 shares of Class A Common Stock pro-rata to its partners in accordance with the exemption under Rule 16a-9(a) and Rule 16a-13 of the Securities Exchange Act of 1934, as amended.
- F4. The sole general partner of 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.
- F5. 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.
Key Figures
Key Terms
in-kind financial
pro-rata financial
Rule 16a-9(a) regulatory
disclaims beneficial ownership regulatory
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