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VEEVA SYSTEMS INC 4

0001628280-26-057403

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Thomas D. Schwenger, Pres. & Chief Customer Officer of Veeva Systems Inc. (VEEV), exercised 35,000 stock options at $154 and sold 35,000 shares of Class A Common Stock for about $8.76 million, leaving him with 19,449 shares owned directly.

On August 13, 2026, Thomas D. Schwenger, Pres. & Chief Customer Officer of Veeva Systems Inc., exercised 35,000 stock options at an exercise price of $154 per share and immediately sold 35,000 shares of Class A Common Stock in multiple trades under a Rule 10b5-1 plan. The option exercise created approximately $3.06 million of intrinsic value (35,000 shares at an approximate $241–$251 market range), followed by open-market sales totaling roughly $8.76 million: 1,000 shares at $241.91, 33,181 shares at a weighted average of $250.4403, and 1,819 shares at a weighted average of $251.028. After these transactions, Schwenger’s direct ownership stood at 19,449 Class A shares, which, at the current price of about $240 per share, represents an estimated holding value of roughly $4.67 million. The transactions are noted as exempt from Section 16(b) under Rule 16b-3 and the sale prices cited are weighted averages for trades executed over stated price ranges.

Filing Facts

CIK
1393052
Ticker
VEEV
Form
4
Source Type
sec
Accession
0001628280-26-057403
Alert Tier
7
VEEVA SYSTEMS INC 4 | ATTN