Form 4: Veeva Systems SVP Jonathan Faddis Reports Changes in Beneficial Ownership
SEC Form 4
Jonathan Faddis, SVP, Gen. Counsel, and Secretary of Veeva Systems Inc., reports transactions involving Class A Common Stock and Restricted Stock Units.
Summary
- On October 1, 2024, Jonathan Faddis, SVP, Gen. Counsel, and Secretary of Veeva Systems Inc., engaged in transactions involving the company's Class A Common Stock and Restricted Stock Units (RSUs).
- Faddis acquired 1,120 shares of Class A Common Stock through the vesting of RSUs.
- 400 shares were withheld by Veeva Systems to cover tax obligations related to the RSU vesting at a price of $207.62 per share.
- Following these transactions, Faddis directly owns 9,755 shares of Class A Common Stock and 2,240 Restricted Stock Units.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions by an executive. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure of insider transactions, which are common for executives of publicly traded companies. These transactions are subject to regulatory scrutiny to prevent insider trading.
Key Dates
| Date | Description |
|---|---|
| 10/01/2024 | Date of transactions involving Class A Common Stock and Restricted Stock Units. |
| 10/02/2024 | Date of signature for the Form 4 filing. |
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