Veeva Systems EVP Daniel J. Rizzo Reports Initial Holdings (Form 3)

Executive Summary

On September 21, 2026, Daniel J. Rizzo, Executive Vice President of Sales, Consulting, & Services at Veeva Systems Inc ($VEEV), submitted an initial statement of beneficial ownership on Form 3 with an effective date of September 18, 2026. This filing reflects baseline ownership following his classification as a Section 16 officer.

Reported Holdings Breakdown

• Non-Derivative Securities:
  • Class A Common Stock: 11,688 shares held directly.
• Derivative Securities:
  • Stock Options: 71,576 total shares underlying eight separate option grants with exercise prices ranging from $154.00 to $275.82 and expiration dates between 2029 and 2035.
  • Restricted Stock Units (RSUs): 22,457 total RSUs across two grants (17,442 RSUs vesting April 1, 2030, and 5,015 RSUs vesting quarterly over one year starting July 1, 2026).

Market Impact & Significance

This is an initial administrative disclosure pursuant to Section 16(a) of the Securities Exchange Act of 1934 and does not represent open-market buying or selling activity. Consequently, the trading significance is rated as Low.