Veeva Systems (VEEV) GC reports RSU vesting and tax withholding shares

Rhea-AI Filing Summary

Veeva Systems Inc. officer reports RSU vesting and tax withholding shares. A senior executive (SVP, General Counsel, Secretary) reported the vesting and settlement of 1,225 Restricted Stock Units into an equal number of shares of Class A Common Stock on 01/01/2026, at an exercise price of $0 per share, under the company’s Amended & Restated 2013 Equity Incentive Plan. On the same date, 483 shares of Class A Common Stock were withheld by Veeva to cover tax withholding and remittance obligations, at a price of $223.23 per share, and were not sold in the open market. After these transactions, the reporting person directly holds 3,609 shares of Class A Common Stock and 1,226 RSUs, which vest over one year with 25% vesting on July 1, 2025 and the remainder vesting quarterly, subject to continued service.

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

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

X

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^*

Faddis Jonathan

(Last) (First) (Middle)

C/O VEEVA SYSTEMS INC.

4280 HACIENDA DRIVE

(Street)

PLEASANTON CA 94588

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	SVP, Gen. Counsel, Secretary

3. Date of Earliest Transaction (Month/Day/Year)
01/01/2026

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	01/01/2026(1)		M		1,225	A	$0(2)	4,092	D
Class A Common Stock	01/01/2026		F(3)		483(3)	D	$223.23	3,609	D

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	(2)	01/01/2026(1)		M			1,225	(4)	(4)	Class A Common Stock	1,225	$0	1,226	D

Explanation of Responses:

1. 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.

2. Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of Class A Common Stock of the Issuer.

3. 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.

4. 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 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.

Remarks:

	/s/ Liang Dong, attorney-in-fact	01/05/2026
	** 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).
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FAQ

What insider transaction did Veeva Systems (VEEV) report in this Form 4?

A Veeva Systems SVP, General Counsel, and Secretary reported the vesting and settlement of 1,225 Restricted Stock Units into Class A Common Stock on 01/01/2026, plus related tax withholding share transactions.

How many Veeva Systems (VEEV) shares vested from RSUs and at what price?

1,225 Restricted Stock Units vested and were settled into 1,225 shares of Veeva Systems Class A Common Stock at an exercise price of $0 per share.

How many Veeva Systems (VEEV) shares were withheld for taxes in this filing?

The company withheld 483 shares of Class A Common Stock at a price of $223.23 per share to satisfy tax withholding and remittance obligations related to the RSU vesting.

How many Veeva Systems (VEEV) shares does the insider own after these transactions?

Following the reported transactions, the insider directly owns 3,609 shares of Veeva Systems Class A Common Stock.

How many Veeva Systems (VEEV) RSUs remain outstanding for this insider and how do they vest?

After the transaction, the insider holds 1,226 Restricted Stock Units. These RSUs vest over one year, with 25% vesting on July 1, 2025 and 25% vesting on a quarterly basis thereafter, subject to continued service.

Under which equity plan were the Veeva Systems (VEEV) RSUs granted?

The RSUs were granted under Veeva Systems’ Amended & Restated 2013 Equity Incentive Plan.

Is the Veeva Systems (VEEV) insider transaction exempt from Section 16(b)?

Yes. The RSU-related transaction is noted as exempt from Section 16(b) of the Securities Exchange Act under Rule 16b-6(b), and the tax withholding share transaction is exempt under Rule 16b-3(e).