Veeva Director Cabral Expands Stake with Fresh Equity Compensation Grant

Rhea-AI Filing Summary

Timothy S. Cabral, Director of Veeva Systems (VEEV), reported new insider transactions in a Form 4 filing dated June 28, 2025. Key details include:

• Received 1,049 Restricted Stock Units (RSUs) on June 18, 2025, under the company's Amended & Restated 2013 Equity Incentive Plan
• RSUs vest over one year: 25% vesting on September 1, 2025, followed by quarterly vesting thereafter
• Currently holds 5,500 shares of Class A Common Stock indirectly through the Cabral Family Trust
• RSUs were granted at $0 cost and each RSU represents a right to receive one share of Class A Common Stock

This equity award appears to be part of standard director compensation. The vesting schedule suggests continued alignment with long-term company interests, requiring ongoing service to the company for full vesting.

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
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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^*

Cabral Timothy S

(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)

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								5,500	I	By the Cabral Family Trust, dated April 17, 2001(1)

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)	06/18/2025		A		1,049		(3)	(3)	Class A Common Stock	1,049	$0	1,049	D

Explanation of Responses:

1. Shares held by the Cabral Family Trust. The Reporting Person is a trustee and beneficiary of the Cabral Family Trust and may be deemed to share voting and dispositive power with regard to the reported shares held by the Cabral Family Trust.

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

3. 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

What insider transaction did VEEV director Timothy Cabral report on June 18, 2025?

Timothy Cabral received a grant of 1,049 Restricted Stock Units (RSUs) on June 18, 2025. Each RSU represents a contingent right to receive one share of Veeva Systems' Class A Common Stock.

How many VEEV shares does Timothy Cabral own indirectly through the Cabral Family Trust?

Timothy Cabral indirectly owns 5,500 shares of Veeva Systems Class A Common Stock through the Cabral Family Trust, dated April 17, 2001, where he serves as a trustee and beneficiary with shared voting and dispositive power.

What is the vesting schedule for VEEV director Cabral's new RSU grant?

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

What was the purchase price of VEEV RSUs granted to Timothy Cabral?

The RSUs were granted at $0 cost to Timothy Cabral as part of Veeva Systems' Amended & Restated 2013 Equity Incentive Plan.