Form 4: Veeva Systems Director Sells Shares Under 10b5-1 Plan
Statement of Changes in Beneficial Ownership
Veeva Systems Director Priscilla Hung sold 750 shares of Class A Common Stock for $155.64 per share under a pre-arranged trading plan.
Summary
- Priscilla Hung, a Director at Veeva Systems Inc., reported a transaction on April 30, 2026.
- The transaction involved the sale of 750 shares of Class A Common Stock.
- The sale was executed at a price of $155.64 per share.
- This sale was made pursuant to a Rule 10b5-1 trading plan adopted by Ms. Hung on January 12, 2026.
- Following the transaction, Ms. Hung beneficially owns 3,253 shares of Class A Common Stock directly.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral filing, as the sale was conducted under a pre-established 10b5-1 plan, indicating it was planned in advance and not necessarily a reflection of negative sentiment towards the company's future prospects.
Negatives
- Director Priscilla Hung sold 750 shares of Class A Common Stock.
Future Outlook
No specific future outlook or guidance is provided in this filing, as it is a statement of changes in beneficial ownership.
Industry Context
StockSavvy.ai notes that insider sales, particularly those executed under Rule 10b5-1 plans, are common for executives and directors to diversify holdings or manage personal finances. The price of $155.64 per share reflects the market valuation at the time of the transaction.
Key Dates
| Date | Description |
|---|---|
| 01/12/2026 | Date Rule 10b5-1 trading plan was adopted by Reporting Person. |
| 04/30/2026 | Transaction Date for sale of Class A Common Stock. |
| 05/04/2026 | Date of Report. |
Keywords
Veeva Systems, VEEV, Form 4, Insider Trading, Rule 10b5-1, Stock Sale, Director Transaction
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