Veeva Systems (NYSE: VEEV) CFO receives new Restricted Stock Unit grants
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Van Wagener Brian reported acquisition or exercise transactions in this Form 4 filing.
Veeva Systems Inc. Chief Financial Officer Brian Van Wagener received new equity awards in the form of Restricted Stock Units (RSUs). On April 7, 2026, he was granted RSUs tied to 6,541 shares and another grant tied to 11,628 shares of Class A common stock.
Each RSU represents a right to receive one share of Class A common stock if vesting conditions are met. One award vests over roughly one year, with one-quarter vesting on July 1, 2026 and additional quarterly vesting thereafter, subject to continued service. The other award vests 100% on April 1, 2030, also contingent on his continued service. These are compensation-related grants and do not involve any share sales.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Van Wagener Brian
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 0 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 0 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 6,541 shares (Direct)
Footnotes (1)
- Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of Class A Common Stock of the Issuer. 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. The RSUs were granted under the Issuer's Amended & Restated 2013 Equity Incentive Plan (the "Plan"). The Reporting Person vests ownership in the RSUs over 1-year with 1/4 of the RSUs vesting on July 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. The RSUs were granted under the Plan. The Reporting Person vests 100% ownership in the RSUs on April 1, 2030, subject to continued service to the Issuer by the Reporting Person.
Key Figures
RSU grant underlying shares: 6,541 shares
Second RSU grant underlying shares: 11,628 shares
Post-grant RSU-related holdings (first grant): 6,541 units
+3 more
6 metrics
RSU grant underlying shares
6,541 shares
Restricted Stock Units linked to Class A Common Stock
Second RSU grant underlying shares
11,628 shares
Additional Restricted Stock Units linked to Class A Common Stock
Post-grant RSU-related holdings (first grant)
6,541 units
Total RSU-related shares following first transaction
Post-grant RSU-related holdings (second grant)
11,628 units
Total RSU-related shares following second transaction
Initial vesting date for first RSU grant
July 1, 2026
One-quarter of RSUs vest on this date
Full vesting date for second RSU grant
April 1, 2030
100% of RSUs vest on this date
Key Terms
Restricted Stock Units, Section 16(b), Rule 16b-6(b), Equity Incentive Plan, +1 more
5 terms
Restricted Stock Units financial
"Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Section 16(b) regulatory
"Transaction exempt from Section 16(b) of the Securities Exchange Act of 1934"
A federal rule that requires company insiders—like officers, directors and large shareholders—to return any profits made from buying and selling the company’s stock within a six-month window. It matters to investors because it discourages short-term trades that could exploit non-public information and helps protect outside shareholders by creating a simple, enforceable way to recover unfair gains, much like a rule stopping someone from flipping a limited-edition item for quick profit after getting early access.
Rule 16b-6(b) regulatory
"pursuant to Rule 16b-6(b) promulgated under the Act"
Equity Incentive Plan financial
"granted under the Issuer's Amended & Restated 2013 Equity Incentive Plan"
An equity incentive plan is a program that gives employees, executives or directors the right to receive company stock or options to buy stock as part of their pay. Think of it as offering slices of future company profit to motivate people to boost long‑term performance; for investors it matters because it can align employee goals with shareholder value but also increases the number of shares outstanding, which can dilute existing ownership.
vests ownership financial
"The Reporting Person vests ownership in the RSUs over 1-year with 1/4 of the RSUs vesting"
FAQ
What did VEEVA SYSTEMS INC (VEEV) disclose about Brian Van Wagener in this Form 4?
Veeva Systems reported that CFO Brian Van Wagener received two grants of Restricted Stock Units. These RSUs represent rights to receive Class A common shares in the future, subject to specific vesting schedules and his continued service with the company.
How many Restricted Stock Units were granted to VEEV CFO Brian Van Wagener?
He received RSU awards linked to 6,541 shares and 11,628 shares of Class A common stock. These awards are structured as future share delivery rights, not immediate stock issuances, and will vest over time if he continues working for Veeva Systems.
When do Brian Van Wagener’s new RSUs in VEEV vest?
One RSU grant vests over about a year, with one-quarter vesting on July 1, 2026 and additional portions vesting quarterly. The second RSU grant vests 100% on April 1, 2030, with all vesting conditioned on his continued service at Veeva Systems.
Under what plan were the new VEEV RSUs for Brian Van Wagener granted?
The RSUs were granted under Veeva Systems’ Amended & Restated 2013 Equity Incentive Plan. This plan authorizes the company to issue equity-based awards to executives and employees, aligning their long-term compensation with the company’s Class A common stock performance.