Form 4: Veeva Systems Director Gordon Ritter Reports Transaction Involving Class A Common Stock and Restricted Stock Units
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
| Date | Description |
|---|---|
| 2000-11-06 | Date of The Ritter-Metzler Revocable Trust |
| 2024-06-19 | Date Reporting Person was granted 1,595 RSUs |
| 2024-09-01 | 1/4 of the RSUs vested |
| 2025-03-01 | Date of transaction involving Class A Common Stock and RSUs |
| 2025-03-03 | Date of signature |
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