Form 4: Veeva Director Gordon Ritter Acquires Shares via RSU Vesting

Veeva Systems director Gordon Ritter reported the acquisition of 298 Class A Common Stock shares through the vesting of Restricted Stock Units.

Summary

• Gordon Ritter, a Director of Veeva Systems Inc. (VEEV), reported a transaction on December 1, 2025.
• The transaction involved the acquisition of 298 shares of Class A Common Stock at a price of $0, resulting from the vesting of Restricted Stock Units (RSUs).
• Following this transaction, Mr. Ritter directly beneficially owns 1,393 shares of Class A Common Stock.
• He also indirectly beneficially owns 575,282 shares through The Ritter-Metzler Revocable Trust, 92,000 shares through GABACOR Holdings LLC, and 500,000 shares through Emergence Capital Partners II, L.P.
• Mr. Ritter disclaims beneficial ownership of shares held by these entities except to the extent of his pecuniary interest.
• He now directly beneficially owns 595 Restricted Stock Units (RSUs) after the reported transaction.

Sentiment

Score: 6

Explanation: Slightly positive, as a director is acquiring shares through a routine vesting event, which aligns their interests with shareholders and indicates continued service to the company.

Positives

• A director acquiring shares, even through vesting, generally aligns their interests with those of shareholders, indicating continued commitment to the company's performance.

Future Outlook

The remaining Restricted Stock Units (RSUs) granted on June 18, 2025, are scheduled to vest equally on a quarterly basis, subject to continued service on the Issuer's board of directors.

Industry Context

This is a routine insider transaction filing, common across all publicly traded companies, reflecting compensation structures that include equity awards for directors and executives.

Related Party Transactions

• Gordon Ritter's indirect beneficial ownership includes shares held by The Ritter-Metzler Revocable Trust, GABACOR Holdings LLC, and Emergence Capital Partners II, L.P., where he holds various controlling or partnership interests. He disclaims beneficial ownership of these shares except to the extent of his pecuniary interest.

Stakeholder Impact

• Shareholders: The transaction is a routine insider acquisition, which generally has minimal direct impact but reinforces director alignment with company performance.
• Employees: No direct impact mentioned.

Next Steps

• The remaining 595 Restricted Stock Units (RSUs) will continue to vest equally on a quarterly basis, subject to Gordon Ritter's continued service on the Veeva Systems board of directors.

Key Dates

Keywords

Veeva Systems, VEEV, Gordon Ritter, Form 4, Insider Transaction, Restricted Stock Units, RSU Vesting, Beneficial Ownership, Director