Zuppas Eleni Nitsa 4
4 · VEEVA SYSTEMS INC · Filed Jul 6, 2026
Research Summary
AI-generated summary of this filing
Veeva Systems (VEEV) President Eleni Zuppas Exercises RSUs
What Happened
- Eleni Nitsa Zuppas, President & Chief of Staff at Veeva Systems, had 2,180 restricted stock units (RSUs) convert to 2,180 shares on July 1, 2026 (transaction code M). The filing also shows a simultaneous disposition of 2,180 shares the same day. The exercise/conversion price is reported as $0, so the reported dollar value of these transactions is $0. Net change in beneficial ownership from these entries is 0 shares.
Key Details
- Transaction date: 2026-07-01; Filing date (Form 4): 2026-07-06.
- Shares acquired (conversion): 2,180 @ $0.00; Shares disposed: 2,180 @ $0.00.
- Net change in holdings from these entries: 0 shares.
- Footnotes: F1 notes the transaction is exempt from Section 16(b) under Rule 16b-6(b). F2 clarifies each RSU converts to one share. F3 describes the RSU vesting schedule (1-year vest with 1/4 vesting on July 1, 2026, then quarterly thereafter, subject to continued service).
- The filing does not state total shares owned after the transaction in this extract.
Context
- This was a derivative conversion/vesting event (RSUs converting into shares). The simultaneous acquisition and disposition of equal share counts often reflects vesting and an immediate disposition step recorded on Form 4; the filing does not provide further details about the reason for the disposition. The transaction is reported as exempt from short-swing profit rules per Rule 16b-6(b).
Insider Transaction Report
Form 4
Zuppas Eleni Nitsa
President & Chief of Staff
Transactions
- Exercise/Conversion
Class A Common Stock
[F1][F2]2026-07-01+2,180→ 33,418 total - Exercise/Conversion
Restricted Stock Units
[F2][F1][F3]2026-07-01−2,180→ 6,541 total→ Class A Common Stock (2,180 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]The RSUs were granted under the Issuer's Amended & Restated 2013 Equity Incentive Plan (the "Plan"). The Reporting Person vests ownership in the RSUs over 1-year with 1/4 of the RSUs vesting on July 1, 2026, and 1/4 of the RSUs vesting on a quarterly basis thereafter, subject to continued service to the Issuer by the Reporting Person.
Signature
/s/ Liang Dong, attorney-in-fact|2026-07-06