Form 4: Veeva Systems Inc. Executive Eleni Nitsa Zuppas Reports Stock Transactions
SEC Form 4 Filing
Eleni Nitsa Zuppas, President & Chief of Staff at Veeva Systems Inc., reports the vesting of restricted stock units and associated tax withholding.
Summary
- On October 1, 2024, Eleni Nitsa Zuppas, President & Chief of Staff of Veeva Systems Inc., reported transactions involving Class A Common Stock.
- These transactions included the vesting of 1,324 Restricted Stock Units (RSUs) which converted into 1,324 shares of Class A Common Stock.
- Additionally, 672 shares were withheld by Veeva Systems Inc. to cover tax obligations related to the vesting of the RSUs at a price of $207.62 per share.
- Following these transactions, Zuppas directly owns 21,973 shares of Class A Common Stock and 2,647 Restricted Stock Units.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions, with neutral sentiment.
Industry Context
This Form 4 filing is a routine disclosure of insider transactions, providing transparency to investors regarding the actions of company executives. It is a standard practice for publicly traded companies.
Stakeholder Impact
- The transactions have a minimal direct impact on stakeholders, as they are related to executive compensation and tax obligations.
Key Dates
| Date | Description |
|---|---|
| 10/01/2024 | Date of the reported transactions: vesting of RSUs and tax withholding. |
| 10/02/2024 | Date of signature for the Form 4 filing. |
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