Form 4: Veeva Director Gordon Ritter Reports Share Transactions

Veeva Systems Director Gordon Ritter reported a series of non-cash transactions involving Class A Common Stock, including distributions and acquisitions, resulting in changes to his direct and indirect beneficial ownership.

Summary

• On December 10, 2025, Gordon Ritter, a Director of Veeva Systems Inc. (VEEV), disposed of 1,393 shares of Class A Common Stock directly held by him.
• This disposition was an in-kind, pro-rata distribution without consideration to Emergence Equity Partners II, L.P. (EEP II), which then further distributed the shares to its partners.
• On the same date, Mr. Ritter acquired 294 shares of Class A Common Stock indirectly through a pro-rata distribution from EEP II, also without consideration.
• Following these transactions, Mr. Ritter's direct beneficial ownership of Class A Common Stock is 0 shares.
• His indirect beneficial ownership includes 575,576 shares held by The Ritter-Metzler Revocable Trust, 500,000 shares held by Emergence Capital Partners II, L.P., and 92,000 shares held by GABACOR Holdings LLC.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the filing reports non-cash, administrative distributions and acquisitions of shares, rather than open market sales or purchases that would typically indicate a change in investment sentiment or company performance.

Positives

• Gordon Ritter acquired 294 shares of Class A Common Stock indirectly through a pro-rata distribution from Emergence Equity Partners II, L.P.

Negatives

• Gordon Ritter disposed of 1,393 shares of Class A Common Stock directly held by him through an in-kind distribution.
• The net effect of the reported transactions is a decrease of 1,099 shares in Mr. Ritter's total beneficial ownership (direct and indirect).

Future Outlook

This filing does not contain any forward-looking statements or guidance regarding the company's future outlook.

Industry Context

This Form 4 filing details an individual insider transaction and does not provide information directly related to broader industry trends or competitive landscape.

Related Party Transactions

• The disposition of 1,393 shares was an in-kind distribution to Emergence Equity Partners II, L.P. (EEP II), where the Reporting Person is a partner.
• The acquisition of 294 shares was a pro-rata distribution from EEP II.
• Indirect beneficial ownership includes shares held by The Ritter-Metzler Revocable Trust, where the Reporting Person is a trustee and beneficiary.
• Indirect beneficial ownership includes shares held by Emergence Capital Partners II, L.P., where the Reporting Person is a partner of EEP II (the sole general partner of Emergence Capital Partners II, L.P.) and a member of Emergence GP Partners, LLC (the sole general partner of EEP II).
• Indirect beneficial ownership includes shares held by GABACOR Holdings LLC, where the Reporting Person is a controlling person.

Stakeholder Impact

• Shareholders: Minimal direct impact as these are non-cash, internal distributions and not open market transactions that would affect market liquidity or price directly.

Key Dates

Keywords

Veeva Systems, VEEV, Form 4, insider transaction, beneficial ownership, stock distribution, Gordon Ritter