Form 4: Veeva Systems Director Mark Carges Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Director Mark Carges reports a transaction involving Class A Common Stock and Restricted Stock Units.
Summary
- On March 1, 2025, Director Mark Carges reported changes in beneficial ownership of Veeva Systems Inc. Class A Common Stock and Restricted Stock Units (RSUs).
- The transactions included the vesting of 356 RSUs and a transfer of 357 shares of Class A Common Stock to the Mark Carges Revocable Trust dated January 30, 2019.
- Following the reported transactions, Carges directly owns 356 shares of Class A Common Stock and indirectly owns 11,156 shares through the trust.
- Carges was granted 1,427 RSUs on June 19, 2024, under the company's equity incentive plan, vesting quarterly.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing changes in beneficial ownership, which carries a neutral sentiment.
Industry Context
This 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.
Key Dates
| Date | Description |
|---|---|
| 01/30/2019 | Date of the Mark Carges Revocable Trust |
| 06/19/2024 | Date Reporting Person was granted 1,427 RSUs |
| 09/01/2024 | 1/4 of the RSUs vested |
| 03/01/2025 | Date of transaction: vesting of RSUs and transfer of shares to trust |
| 03/03/2025 | Date of signature |
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