SEKHRI PAUL J 4

What Happened Paul J. Sekhri, a director of Veeva Systems Inc. (VEEV), received a grant of 1,841 Restricted Stock Units (RSUs) on June 17, 2026. The award is recorded at $0.00 acquisition price (no cash exchanged at grant) and is reported as a derivative award (transaction code A). The RSUs represent the contingent right to receive one share of Veeva Class A common stock per RSU upon vesting.

Key Details

• Transaction date: 2026-06-17; Filing date: 2026-06-22 (appears to be filed 5 days after the grant; Form 4s are generally due within 2 business days).
• Grant: 1,841 RSUs, acquisition price $0.00, reported as a derivative award (A).
• Shares owned after transaction: not specified in the filing.
• Footnotes: F1 — each RSU converts to one share of Class A common stock; F2 — RSUs granted under the Amended & Restated 2013 Equity Incentive Plan and vest over one year (1/4 vests on Sept 1, 2026, then quarterly thereafter), subject to continued service.

Context RSU grants are a common form of compensation and do not indicate an immediate purchase or sale of shares. Value to the insider will materialize only as RSUs vest and convert to stock (and may be subject to tax withholding at that time). The late filing may affect timely transparency but does not itself change the economic terms of the grant.