Form 4: Veeva Systems Executive Sells Shares
Insider Transaction (Form 4)
Thomas D. Schwenger, Pres. & Chief Customer Officer of Veeva Systems Inc, sold 10,000 shares of common stock on August 27, 2026 for $281.33 per share.
Summary
- Option exercise/conversion: acquired 10,000 Class A Common Stock at $154.00 ($1,540,000) on August 27, 2026; holds 29,449 after (Direct).
- Open-market sale: disposed of 10,000 Class A Common Stock at $281.33 ($2,813,300) on August 27, 2026; holds 19,449 after (Direct).
- Option exercise/conversion: disposed of 10,000 Stock Option (right to buy) on August 27, 2026; holds 25,000 after (Direct).
Sentiment
Score: 4
Explanation: StockSavvy.ai views this as a mildly negative but low-conviction signal: an insider sold $2,813,300 of stock under a pre-arranged Rule 10b5-1 plan, which is typically routine.
Insider Transactions
Thomas D. Schwenger — Officer (Pres. & Chief Customer Officer)
Transaction made under a Rule 10b5-1 trading plan.
| Date | Transaction | Security | Shares | Price | Value | Held After |
|---|---|---|---|---|---|---|
| 2026-08-27 | Option exercise/conversion | Class A Common Stock | 10,000 | $154 | $1.5M | 29,449 |
| 2026-08-27 | Open-market sale | Class A Common Stock | 10,000 | $281 | $2.8M | 19,449 |
| 2026-08-27 | Option exercise/conversion | Stock Option (right to buy) | 10,000 | — | — | 25,000 |
Key Dates
| Date | Description |
|---|---|
| 2026-08-27 | Option exercise/conversion (10,000 shares) |
| 2026-08-27 | Open-market sale (10,000 shares) |
| 2026-08-27 | Option exercise/conversion (10,000 shares) |
Keywords
insider transaction, Form 4, VEEV, VEEVA SYSTEMS INC, bearish, Thomas D. Schwenger
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