Veeva Systems (NYSE: VEEV) exec pre-planned sale of 1,000 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Veeva Systems executive reports pre-planned stock sale. Pres. & Chief Customer Officer Thomas D. Schwenger sold 1,000 shares of Class A common stock at $200.00 per share in an open-market transaction on March 5, 2026.
The sale was executed under a Rule 10b5-1 trading plan adopted by Schwenger on October 14, 2025. After this transaction, he directly owns 22,204 shares of Veeva Systems Class A common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 1,000 shares ($200,000)
Net Sell
1 txn
Insider
Schwenger Thomas D.
Role
Pres. & Chief Customer Officer
Sold
1,000 shs ($200K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 1,000 | $200.00 | $200K |
Holdings After Transaction:
Class A Common Stock — 22,204 shares (Direct)
Footnotes (1)
- [object Object]
FAQ
What insider transaction did VEEVA SYSTEMS INC (VEEV) report for Thomas D. Schwenger?
Veeva Systems reported that Thomas D. Schwenger sold 1,000 shares of Class A common stock. The transaction occurred on March 5, 2026 at a price of $200.00 per share in an open-market sale reported on Form 4.
Was the VEEV insider sale by Thomas D. Schwenger under a Rule 10b5-1 plan?
Yes. The Form 4 states the sales were made pursuant to a Rule 10b5-1 trading plan. That plan was adopted by Thomas D. Schwenger on October 14, 2025, providing a pre-arranged framework for executing the March 5, 2026 stock sale.
What role does Thomas D. Schwenger hold at VEEVA SYSTEMS INC (VEEV)?
Thomas D. Schwenger serves as Pres. & Chief Customer Officer at Veeva Systems Inc. His position and insider status require reporting equity transactions like the 1,000-share open-market sale of Class A common stock on March 5, 2026 via Form 4.
What transaction code was used for Thomas D. Schwenger’s VEEV stock sale?
The transaction used code "S" on Form 4, indicating a sale. It is described as a sale in an open market or private transaction, specifically an open-market sale of 1,000 Veeva Systems Class A shares at $200.00 per share.