Veeva Systems Director Mary Lynne Hedley Acquires 477 Shares via RSU Vesting
VEEVA SYSTEMS INC
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Filing Summary
šØ SEC FORM 4 ALERT: Veeva Systems Inc. (VEEV)
š¤ Insider: Hedley Mary Lynne (Director)
š
Date: 2026-09-01
š Type: RSU Conversion (Code M) | Class A Common Stock
š¹ Shares Acquired: 477 @ $0.00
š¼ Post-Transaction Holdings: 7,629 shares
ā ļø Significance: Low (Routine compensation vesting)
Comprehensive Analysis
Executive Summary
On September 3, 2026, Veeva Systems Inc. ($VEEV) filed a Form 4 report disclosing that Director Mary Lynne Hedley acquired 477 shares of Class A Common Stock on September 1, 2026. The transaction was executed at $0.00 per share pursuant to the quarterly vesting of Restricted Stock Units (RSUs).
Transaction Breakdown
- Security: Class A Common Stock
- Transaction Code:
M(Exercise or conversion of derivative security) - Shares Acquired: 477 shares
- Price per Share: $0.00
- Post-Transaction Direct Ownership: 7,629 shares of Class A Common Stock
- Remaining RSUs: 1,429 RSUs
Context & Market Significance
This transaction reflects routine equity award vesting from a grant of 1,906 RSUs awarded on June 17, 2026, under the company's Amended & Restated 2013 Equity Incentive Plan. Because this is a scheduled RSU settlement without any open-market purchases or sales, the trading significance is categorized as Low.
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Important Disclaimer
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