Veeva Systems Director Acquires Shares via Routine RSU Vesting
VEEVA SYSTEMS INC
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Filing Summary
Veeva Systems Inc ($VEEV) Form 4 Filing Summary • Insider: Priscilla Hung (Director) • Transaction: Acquisition (M Code - RSU Vesting) • Shares Acquired: 477 Class A Common Stock @ $0.00 • Shares Held Post-Transaction: 3,992 • Filing Date: September 3, 2026 • Significance: Low (Routine scheduled vesting)
Comprehensive Analysis
Executive Summary
On September 3, 2026, Veeva Systems Inc ($VEEV) filed a Form 4 disclosing that Director Priscilla Hung acquired 477 shares of Class A Common Stock on September 1, 2026, upon the vesting of Restricted Stock Units (RSUs). Following this routine transaction, Hung directly holds 3,992 shares of Class A Common Stock.
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: 3,992 shares
- Derivative Holdings: 1,429 unvested RSUs remain after the quarterly vest from the original June 17, 2026 grant of 1,906 RSUs.
Market and Sentiment Impact
This transaction reflects standard equity incentive compensation and routine vesting rather than an open-market purchase or sale. As such, it carries low market significance and is neutral from an investment perspective.
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Important Disclaimer
This content is drawn from public SEC filings and may contain errors. It is for informational purposes only and is not investment, legal, or tax advice.
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