Form 4: Veeva Systems Director Gordon Ritter Reports Share Distributions
SEC Form 4 Filing
Director Gordon Ritter reports distributions of Veeva Systems Class A Common Stock to Emergence Equity Partners II, L.P. and its partners.
Summary
- On December 19, 2024, Gordon Ritter, a director of Veeva Systems Inc., reported the distribution of 1,501 shares of Class A Common Stock pro-rata to Emergence Equity Partners II, L.P. (EEP II).
- EEP II then immediately distributed these shares pro-rata to its partners.
- These distributions were made in-kind and without consideration, in accordance with exemptions under Rule 16a-9(a) and Rule 16a-13 of the Securities Exchange Act of 1934.
- Following these transactions, Ritter indirectly owns 544,116 shares through the Ritter-Metzler Revocable Trust, 1,000,000 shares through Emergence Capital Partners II, L.P., and 92,000 shares through GABACOR Holdings LLC.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing detailing share distributions. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company insiders. This filing indicates a distribution of shares rather than a purchase or sale.
Key Dates
| Date | Description |
|---|---|
| November 6, 2000 | Date of The Ritter-Metzler Revocable Trust |
| December 19, 2024 | Date of share distribution by Gordon Ritter |
| December 20, 2024 | Date of signature by attorney-in-fact |
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