Form 4: Veeva Systems Insider Transactions Reported

Jonathan Faddis, SVP, Gen. Counsel, Secretary at Veeva Systems, reported transactions involving Class A Common Stock and Restricted Stock Units.

Summary

• Jonathan Faddis, an officer of Veeva Systems Inc., reported several transactions on April 1, 2026.
• These transactions involved Class A Common Stock and Restricted Stock Units (RSUs).
• Faddis acquired 7,500 Class A Common Stock shares and 1,226 Class A Common Stock shares through the vesting of RSUs, with no cost associated.
• He also disposed of 3,370 shares and 440 shares of Class A Common Stock at a price of $172.74 per share, which were withheld for tax obligations.
• Following these transactions, Faddis beneficially owns 11,109 shares directly and 7,739 shares directly, with the RSUs representing contingent rights to receive shares.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as it reports routine insider transactions related to equity compensation and tax withholding, without indicating significant changes in beneficial ownership or market sentiment.

Positives

• Vesting of 7,500 Restricted Stock Units (RSUs) into Class A Common Stock, indicating continued equity awards.
• Vesting of an additional 1,226 Restricted Stock Units (RSUs) into Class A Common Stock, further demonstrating equity compensation.
• The acquisition of shares through RSU vesting at $0 cost to the reporting person.

Negatives

• Disposition of 3,370 shares of Class A Common Stock at $172.74 per share, withheld for tax obligations.
• Disposition of 440 shares of Class A Common Stock at $172.74 per share, also withheld for tax obligations.

Future Outlook

The filing does not contain forward-looking statements or guidance. It solely reports on past transactions.

Industry Context

StockSavvy.ai notes that Form 4 filings are standard disclosures for insider transactions, providing transparency into executive stock dealings within the software and cloud services sector.

Stakeholder Impact

• Shareholders: Increased transparency into insider stock activity.
• Employees: The transactions reflect the company's use of equity compensation plans.
• Management: Compliance with SEC reporting requirements for beneficial ownership changes.

Key Dates

Keywords

Veeva Systems, VEEV, Form 4, Insider Trading, Stock Transaction, Restricted Stock Units, Class A Common Stock, SEC Filing, Equity Compensation