Faddis Jonathan sold $1.6M of VEEV
Faddis Jonathan (SVP, Gen. Counsel, Secretary) sold 5,198 shares of VEEVA SYSTEMS INC (VEEV) at an average of $299.72 ($298.19–$300.14, $1.56M total) across 3 trades on 2026-10-14 under a Rule 10b5-1 trading plan.
How this was made
The 30-second read
Why it matters
The filing adds a new data point on insider activity for Veeva Systems.
Market read
A senior officer's sale may prompt short‑term price caution but is unlikely to drive major moves.
What to watch
The 10b5‑1 plan pre‑arranged nature may reduce informational content of the trade.
Background
SEC Form 4 disclosures provide the first public record of insider transactions.
Ticker impact
Form 4 filing shows SVP and General Counsel Jonathan Faddis sold 5,198 shares for $1.56M via a 10b5-1 plan.
likely slight downward pressure as market prices in the insider sell.
Sale size is modest relative to market cap, but the insider is a senior officer; such sales often prompt short‑term caution.
Market effects
Minimal impact on the broader health‑tech sector.
No significant regional effect.
Limited to Veeva investors.
Counterpoint
The sale could be routine portfolio rebalancing, not a negative signal.
Key entities
- companyVeeva Systems Inc.
Provider of cloud‑based software for the life‑sciences industry.
- personJonathan Faddis
Senior Vice President, General Counsel, and Secretary at Veeva.




