Former Veeva Systems Officer Files Form 144 to Sell $745K in Common Stock
VEEVA SYSTEMS INC
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Filing Summary
Veeva Systems Inc. ($VEEV) - Form 144 Proposed Sale • Insider: Thomas D. Schwenger (Former Officer) • Proposed Sale: 2,485 shares (~$745,500.00) • Estimated Price: $300.00 • Approx. Date: 10/15/2026 • Broker: Morgan Stanley Smith Barney LLC • Significance: Low (Former Officer)
Comprehensive Analysis
Veeva Systems Inc. ($VEEV) - Form 144 Filing Overview
Filing Summary: Former Officer Thomas D. Schwenger submitted a Form 144 notice of proposed sale covering 2,485 shares of Veeva Systems Inc. common stock, with an estimated market value of $745,500.00 (approximately $300.00 per share).
Acquisition Information: The securities to be sold originated from restricted stock grants awarded by the issuer:
- 1,411 shares acquired on January 1, 2026
- 1,074 shares acquired on October 1, 2024
Recent Trading Activity: Schwenger has executed significant sales over the preceding three months totaling over $52 million across multiple transactions, including 132,751 shares ($37.13M) on October 5, 2026, and 36,000 shares ($9.01M) on August 13, 2026.
Market Assessment: Given that the reporting person is a former officer and the proposed volume (2,485 shares) represents an immaterial portion of Veeva's 161.9 million shares outstanding, this filing carries low market significance.
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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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