Form 4: Veeva Systems Inc. Executive Eleni Nitsa Zuppas Reports Stock Transactions
SEC Form 4 Filing
Chief Marketing Officer Eleni Nitsa Zuppas of Veeva Systems Inc. reports the vesting and subsequent disposal of shares to cover tax obligations.
Summary
- On April 1, 2024, Eleni Nitsa Zuppas, Chief Marketing Officer of Veeva Systems Inc., reported transactions involving Class A Common Stock.
- Zuppas vested 1,620 shares of Class A Common Stock from Restricted Stock Units (RSUs) at a price of $0.
- Simultaneously, 680 shares were disposed of at a price of $230.39 to cover tax obligations related to the vesting of the RSUs.
- Following these transactions, Zuppas directly owns 19,997 shares of Class A Common Stock.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing reflecting standard executive compensation practices. It doesn't indicate any significant positive or negative sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company executive, which is common in publicly traded companies. It provides transparency into the executive's holdings and transactions in the company's stock.
Stakeholder Impact
- The transactions have a minimal impact on shareholders as they are related to executive compensation and tax obligations.
Key Dates
| Date | Description |
|---|---|
| 04/01/2024 | Date of stock transactions (vesting and disposal). |
| 04/02/2024 | Date of signature for the Form 4 filing. |
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