Form 4: Veeva Systems Director Gordon Ritter Reports Transaction Involving Class A Common Stock and Restricted Stock Units

Sentiment:

SEC Form 4


Director Gordon Ritter reports a transaction involving Veeva Systems Class A Common Stock and Restricted Stock Units, including the vesting of RSUs and adjustments to holdings through various entities.

Summary

  • On March 1, 2025, Director Gordon Ritter reported a transaction involving Veeva Systems Class A Common Stock and Restricted Stock Units (RSUs).
  • The transaction involved the vesting of 398 RSUs, which converted into 398 shares of Class A Common Stock.
  • Following the reported transaction, Ritter directly owns 398 shares of Class A Common Stock.
  • Ritter also has indirect ownership through The Ritter-Metzler Revocable Trust (544,116 shares), GABACOR Holdings LLC (92,000 shares), and Emergence Capital Partners II, L.P. (1,000,000 shares).
  • Ritter disclaims beneficial ownership of shares held by the Trust, GABACOR, and Emergence Entities, except to the extent of his pecuniary interest therein.
  • Ritter also directly owns 399 Restricted Stock Units.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing, so the sentiment is neutral.

Industry Context

This Form 4 filing is a routine disclosure related to insider transactions, which are common in publicly traded companies. It provides transparency into the trading activities of company insiders.

Stakeholder Impact

  • The filing provides transparency to shareholders regarding insider transactions.
  • It assures stakeholders that transactions are being reported in compliance with regulations.

Key Dates

DateDescription
2000-11-06Date of The Ritter-Metzler Revocable Trust
2024-06-19Date Reporting Person was granted 1,595 RSUs
2024-09-011/4 of the RSUs vested
2025-03-01Date of transaction involving Class A Common Stock and RSUs
2025-03-03Date of signature

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