Veeva Systems (NYSE: VEEV) director exercises 289 RSUs into stock

Rhea-AI Filing Summary

Veeva Systems director Marshall Mohr exercised restricted stock units into common shares. He converted 289 Restricted Stock Units into an equal number of Class A Common Stock shares, an action classified as an exercise or conversion of a derivative security and exempt under Rule 16b-6(b).

After the transaction, Mohr directly owns 5,976 Class A shares. The RSUs trace back to a grant of 1,155 units on June 18, 2025, which vest over time based on continued board service. No open-market buying or selling is reported in this filing.

Insider Trade Summary

289 shares exercised/converted

Mixed 2 txns

Insider MOHR MARSHALL

Role null

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units	289	$0.00	--
Exercise	Class A Common Stock	289	$0.00	--

Holdings After Transaction: Restricted Stock Units — 0 shares (Direct, null); Class A Common Stock — 5,976 shares (Direct, null)

Footnotes (1)

1. Transaction Exempt from Section 16(b) of the Securities Exchange Act of 1934 (the "Act") pursuant to Rule 16b-6(b) promulgated under the Act. Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of Class A Common Stock of the Issuer. On June 18, 2025, the Reporting Person was granted 1,155 RSUs under the Issuer's Amended & Restated 2013 Equity Incentive Plan, of which 1/4 of the RSUs vested on September 1, 2025, with the remaining RSUs vesting equally on a quarterly basis thereafter, subject to continued service on the Issuer's board of directors on the applicable vesting date.

Key Figures

RSUs exercised: 289 shares Shares owned after transaction: 5,976 shares RSU grant size: 1,155 RSUs +2 more

5 metrics

RSUs exercised 289 shares Restricted Stock Units converted to Class A Common Stock on June 1, 2026

Shares owned after transaction 5,976 shares Direct Class A Common Stock holdings following RSU conversion

RSU grant size 1,155 RSUs Grant dated June 18, 2025 under 2013 Equity Incentive Plan

Initial vesting portion 1/4 of 1,155 RSUs First tranche vested on September 1, 2025, with remaining vesting quarterly

Exercise price per RSU $0.0000 Reported transaction price per share for the RSU conversion

Key Terms

Restricted Stock Unit ("RSU"), Section 16(b), Rule 16b-6(b), Amended & Restated 2013 Equity Incentive Plan

4 terms

Restricted Stock Unit ("RSU") financial

"Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of Class A Common Stock"

Section 16(b) regulatory

"Transaction Exempt from Section 16(b) of the Securities Exchange Act of 1934"

A federal rule that requires company insiders—like officers, directors and large shareholders—to return any profits made from buying and selling the company’s stock within a six-month window. It matters to investors because it discourages short-term trades that could exploit non-public information and helps protect outside shareholders by creating a simple, enforceable way to recover unfair gains, much like a rule stopping someone from flipping a limited-edition item for quick profit after getting early access.

Rule 16b-6(b) regulatory

"pursuant to Rule 16b-6(b) promulgated under the Act"

Amended & Restated 2013 Equity Incentive Plan financial

"granted 1,155 RSUs under the Issuer's Amended & Restated 2013 Equity Incentive Plan"

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Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

MOHR MARSHALL

(Last) (First) (Middle)

C/O VEEVA SYSTEMS INC.

4280 HACIENDA DRIVE

(Street)

PLEASANTON CALIFORNIA 94588

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
VEEVA SYSTEMS INC [ VEEV ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/01/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	06/01/2026		M(1)		289	A	$0	5,976	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	(2)	06/01/2026		M(1)			289	(3)	(3)	Class A Common Stock	289	$0	0	D

Explanation of Responses:

1. Transaction Exempt from Section 16(b) of the Securities Exchange Act of 1934 (the "Act") pursuant to Rule 16b-6(b) promulgated under the Act.

2. Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of Class A Common Stock of the Issuer.

3. On June 18, 2025, the Reporting Person was granted 1,155 RSUs under the Issuer's Amended & Restated 2013 Equity Incentive Plan, of which 1/4 of the RSUs vested on September 1, 2025, with the remaining RSUs vesting equally on a quarterly basis thereafter, subject to continued service on the Issuer's board of directors on the applicable vesting date.

Remarks:

	/s/ Liang Dong, attorney-in-fact	06/03/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did VEEVA SYSTEMS INC (VEEV) report for Marshall Mohr?

Marshall Mohr exercised 289 Restricted Stock Units into Class A Common Stock. This derivative exercise increased his direct holdings and did not involve any open-market purchase or sale of Veeva Systems shares.

How many Veeva Systems (VEEV) shares does Marshall Mohr own after this Form 4?

After the RSU conversion, Marshall Mohr directly owns 5,976 shares of Veeva Systems Class A Common Stock. This reflects his position following the June 1, 2026 derivative exercise reported in the Form 4.

Were Veeva Systems (VEEV) shares bought or sold on the market in this filing?

No market buy or sell occurred. The Form 4 shows a derivative exercise where 289 Restricted Stock Units were converted into the same number of Class A shares, classified as an exercise or conversion, not an open-market trade.

What is the origin of the RSUs exercised by Marshall Mohr at Veeva Systems (VEEV)?

The 289 RSUs exercised come from a 1,155-unit grant awarded on June 18, 2025 under Veeva’s Amended & Restated 2013 Equity Incentive Plan, with vesting tied to Mohr’s continued board service.

Is the VEEV insider transaction exempt from Section 16(b) short-swing rules?

Yes. The filing notes the transaction is exempt from Section 16(b) under Rule 16b-6(b), which covers certain derivative security exercises, meaning this RSU conversion is treated as exempt from short-swing profit rules.