Form 4: Veeva Systems EVP Alan Mateo Reports Stock Sale
SEC Form 4 Filing
Alan Mateo, EVP Global Sales at Veeva Systems, reported the sale of 3,391 shares of Class A Common Stock at a price of $200.86 per share on April 23, 2024, according to a Form 4 filing.
Summary
- On April 23, 2024, Alan Mateo, the EVP Global Sales of Veeva Systems Inc., reported a transaction involving the company's Class A Common Stock.
- Mateo sold 3,391 shares at a price of $200.86 per share.
- Following the transaction, Mateo directly owns 21,983 shares of Class A Common Stock.
- Mateo also has indirect ownership of 7,349 shares through The Carol Mateo Trust dated November 30, 2020.
- The sale was executed under a Rule 10b5-1 trading plan adopted on July 3, 2023.
Sentiment
Score: 5
Explanation: The document is a neutral report of a stock sale by an executive. It doesn't inherently indicate positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure of insider trading activity. It provides transparency into the transactions of company executives and their potential impact on the market.
Stakeholder Impact
- The stock sale could have a minor impact on shareholders, depending on the overall market reaction.
Key Dates
| Date | Description |
|---|---|
| November 30, 2020 | Date of The Carol Mateo Trust |
| July 3, 2023 | Date the Reporting Person adopted Rule 10b5-1 trading plan |
| 04/23/2024 | Date of the stock transaction |
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