Form 4: Veeva Systems Director Marshall Mohr Reports Stock Transactions
SEC Form 4
Director Marshall Mohr reported the vesting of restricted stock units and subsequent acquisition of Class A Common Stock in Veeva Systems Inc.
Summary
- On March 1, 2025, Director Marshall Mohr of Veeva Systems Inc. reported a transaction involving restricted stock units (RSUs).
- 384 RSUs vested, converting into 384 shares of Class A Common Stock at a price of $0.
- Following the transaction, Mohr directly owns 4,436 shares of Class A Common Stock and 385 RSUs.
Sentiment
Score: 5
Explanation: This is a neutral report on stock transactions by a company director, with no inherent positive or negative implications.
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 stock ownership changes of company directors.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it involves a relatively small number of shares.
Key Dates
| Date | Description |
|---|---|
| June 19, 2024 | Reporting Person was granted 1,539 RSUs under the Issuer's Amended & Restated 2013 Equity Incentive Plan |
| September 1, 2024 | 1/4 of the RSUs vested |
| March 1, 2025 | Transaction Date: Vesting of 384 Restricted Stock Units and acquisition of Class A Common Stock |
| March 3, 2025 | Date of report filing |
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