Timothy S. Cabral - 04 Apr 2025 Form 4 Insider Report for VEEVA SYSTEMS INC (VEEV)

Role
Director
Signature
/s/ Liang Dong, attorney-in-fact
Issuer symbol
VEEV
Transactions as of
04 Apr 2025
Net transactions value
-$841,734
Form type
4
Filing time
08 Apr 2025, 16:55:18 UTC
Previous filing
03 Mar 2025
Next filing
27 May 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VEEV Class A Common Stock Sale $841,734 -3,882 -41% $216.83 5,500 04 Apr 2025 By the Cabral Family Trust, dated April 17, 2001 F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 18, 2024.
F2 The number of shares beneficially owned reflects the transfer of 314 shares of Class A Common Stock from the Reporting Person to the Cabral Family Trust (the "Trust").
F3 Shares held by the Trust. The Reporting Person is a trustee and beneficiary of the Trust and may be deemed to share voting and dispositive power with regard to the reported shares held by the Trust.