Form 4: Veeva Systems Inc. Executive Kristine Diamond Reports Stock Transactions
SEC Form 4 Filing
Kristine Diamond, Chief Accounting Officer of Veeva Systems Inc., reports the vesting and subsequent tax withholding of Class A Common Stock.
Summary
- Kristine Diamond, the Chief Accounting Officer of Veeva Systems Inc., filed a Form 4 detailing changes in beneficial ownership of the company's stock.
- On April 1, 2024, 220 Restricted Stock Units (RSUs) vested, converting into 220 shares of Class A Common Stock.
- Simultaneously, 78 shares were withheld by Veeva Systems Inc. to cover tax obligations related to the RSU vesting at a price of $230.39.
- Following these transactions, Diamond directly owns 357 shares of Class A Common Stock and 0 derivative securities.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing related to stock transactions, indicating a neutral sentiment.
Industry Context
Form 4 filings are standard practice and provide transparency into the trading activities of company insiders, which is closely monitored by investors for signals about the company's prospects.
Key Dates
| Date | Description |
|---|---|
| 04/01/2024 | Date of RSU vesting and tax withholding. |
| 04/02/2024 | Date of signature on the Form 4 filing. |
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