Form 4: Veeva Systems Director Nimrata Hunt Reports Stock Transactions
SEC Form 4 Filing
Director Nimrata Hunt reports the vesting of restricted stock units in Veeva Systems, resulting in the acquisition of Class A Common Stock.
Summary
- On September 1, 2024, Nimrata Hunt, a director of Veeva Systems Inc., had restricted stock units (RSUs) vest, resulting in the acquisition of 343 shares of Class A Common Stock.
- The transaction was exempt from Section 16(b) of the Securities Exchange Act of 1934.
- Following the transaction, Hunt directly owns 3,174 shares of Class A Common Stock and 1,028 derivative securities (RSUs).
Sentiment
Score: 5
Explanation: This is a neutral report on insider trading activity, with no inherent positive or negative implications.
Industry Context
This 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 transaction has a minimal impact on shareholders, as it is a routine vesting of previously granted equity.
Key Dates
| Date | Description |
|---|---|
| 09/01/2024 | Date of transaction: Vesting of Restricted Stock Units and acquisition of Class A Common Stock. |
| 09/03/2024 | Date of report signature. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.