Hung Priscilla 4

4 · VEEVA SYSTEMS INC · Filed Mar 3, 2026

AI-generated summary of this filing

Updated Mar 3, 2026

Veeva Director Priscilla Hung Converts 262 RSUs

What Happened

Priscilla Hung, a director of Veeva Systems (VEEV), had 262 restricted stock units (RSUs) converted into 262 shares on March 1, 2026 (reported as derivative exercise/conversion). The filing shows 262 shares acquired at $0.00 and the same 262 shares disposed at $0.00 (derivative). No cash value is reported for these entries.

Key Details

Transaction date: 2026-03-01; Form 4 filed: 2026-03-03 (timely filing).
Quantity: 262 shares acquired via conversion and 262 shares disposed (both reported at $0.00).
Footnote F1: Transaction exempt from Section 16(b) under Rule 16b-6(b).
Footnote F2: Confirms RSUs represent a contingent right to one share each.
Footnote F3: These RSUs were part of a 1,049-RSU grant on June 18, 2025 with a quarterly vesting schedule; the filing reflects the vesting/conversion event.
Shares owned after the transaction are not specified in the provided filing.

Context

This filing documents conversion of vested RSUs into shares and an immediate disposition of the same number of shares. Filings like this often reflect standard vesting and internal settlement or withholding arrangements; the Form 4 does not state the reason for the disposition. The Rule 16b-6(b) exemption noted means the transaction is treated as exempt from short-swing profit recovery under Section 16(b).

Form 4

Period: 2026-03-01

Director

Transactions

Exercise/Conversion
Class A Common Stock
[F1]
2026-03-01+262→ 4,753 total
Exercise/Conversion
Restricted Stock Units
[F2][F1][F3]
2026-03-01−262→ 262 total
→ Class A Common Stock (262 underlying)

Footnotes (3)

[F1]Transaction exempt from Section 16(b) of the Securities Exchange Act of 1934 (the "Act") pursuant to Rule 16b-6(b) promulgated under the Act.
[F2]Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of Class A Common Stock of the Issuer.
[F3]On June 18, 2025, the Reporting Person was granted 1,049 RSUs under the Issuer's Amended & Restated 2013 Equity Incentive Plan, of which 1/4 of the RSUs vested on September 1, 2025, with the remaining RSUs vesting equally on a quarterly basis thereafter, subject to continued service on the Issuer's board of directors on the applicable vesting date.

Signature

/s/ Liang Dong, attorney-in-fact|2026-03-03

1 file