Form 4: Veeva Systems CFO Reports Stock Transactions

Veeva Systems CFO Brian Van Wagener reported transactions involving Class A Common Stock and Restricted Stock Units, with some transactions exempt from Section 16(b) reporting.

Summary

• Brian Van Wagener, Chief Financial Officer of Veeva Systems Inc. (VEEV), reported transactions on April 1, 2026.
• These transactions included the acquisition of 872 Restricted Stock Units (RSUs) with a reported value of $0.
• Additionally, 370 shares of Class A Common Stock were disposed of at a price of $172.74 per share, which were withheld by the Issuer to satisfy tax obligations related to the net settlement of vested RSUs.
• Following these transactions, Van Wagener beneficially owns 8,383 shares of Class A Common Stock directly.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this filing as neutral, as it primarily details routine insider stock transactions and tax withholdings rather than significant strategic or financial performance indicators.

Positives

• The CFO continues to hold a significant number of shares (8,383) directly, indicating ongoing commitment.
• RSUs were acquired, which represent a contingent right to receive shares and are part of the company's equity incentive plan.

Negatives

• 370 shares were disposed of to cover tax withholding obligations, reducing the CFO's direct share count.

Risks

• The withholding of shares for tax purposes, while standard, represents a reduction in the number of shares held by management.
• The vesting schedule of RSUs means that a portion of the equity compensation is contingent on continued service.

Future Outlook

The filing does not contain forward-looking statements or guidance. It solely reports on past transactions.

Industry Context

StockSavvy.ai notes that Form 4 filings are standard disclosures for insider transactions. The transactions reported by Veeva Systems' CFO are typical for executives managing equity compensation and tax obligations, and do not inherently signal a change in the company's strategic direction or financial health.

Stakeholder Impact

• Shareholders: The transactions do not immediately impact share price, but reflect standard executive compensation and tax management practices.
• Employees: The RSU grants are part of the company's employee incentive structure.
• Management: The CFO is managing their equity holdings and associated tax liabilities.

Key Dates

Keywords

Veeva Systems, VEEV, Form 4, Insider Trading, Stock Transaction, Restricted Stock Units, Class A Common Stock, Chief Financial Officer, Brian Van Wagener, SEC Filing