secwatch.observer — SEC 8-K summary
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Issuer:     VEEVA SYSTEMS INC (VEEV)
CIK:        0001393052
Form:       8-K
Filed at:   2023-10-16T23:59:59+00:00
Accession:  0001393052-23-000055
Event type: other_material
Sentiment:  neutral
Materiality: 0.55
Item codes: 3.03, 5.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Veeva converts all Class B shares to Class A, ending dual-class voting on Oct. 15, 2023
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- Class B shares automatically converted 1:1 into Class A shares on Oct. 15, 2023.
- Former Class B holders go from 10 votes per share to 1 vote per share.
- Total authorized shares reduced from 1 billion to 810 million via Class B retirement.
- Company filed amended charter on Oct. 16 to remove Class B references and forum selection provision.
- No change to economic interests or total shares outstanding.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1393052/000139305223000055/0001393052-23-000055-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1393052/000139305223000055/veev-20231015.htm
  HTML page:      https://secwatch.observer/filing/0001393052-23-000055

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