Business Context and Reporting Period
This Form 8-K reports on the results of the Annual Meeting of Shareholders for Veeva Systems Inc. held on June 18, 2025. The filing details the voting outcomes for director elections and the ratification of the independent auditor. As of the record date (April 21, 2025), there were 162,954,468 shares of Class A common stock outstanding and entitled to vote.
Key Financial Metrics
This filing is a current report regarding corporate governance events and does not contain financial performance data. Information regarding revenue, profit, cash flow, margins, debt, or liquidity is not present in this document.
Material Changes
The filing reports the following material corporate actions:
- Director Elections: Shareholders voted on nine director nominees. While all nominees received a majority of votes cast, two nominees received significant "Against" votes.
- Auditor Ratification: Shareholders ratified the appointment of KPMG LLP as the independent registered public accounting firm for the fiscal year ending January 31, 2026.
Guidance, Outlook, and Risks
This document does not provide management guidance, financial outlook, or discuss specific business risks or contingencies. It strictly reports the procedural outcomes of the shareholder vote.
Investor Verification Checklist
- Director Support Levels: Verify the voting results for Gordon Ritter (51,334,602 votes against) and Matthew J. Wallach (54,791,620 votes against), as these nominees received substantial dissent compared to other directors.
- Broker Non-Votes: Note that 11,827,759 broker non-votes were recorded for all director nominees, indicating shares held in street name where brokers lacked discretionary authority to vote on these matters.
- Auditor Approval: Confirm the strong support for KPMG LLP, with 146,381,498 votes in favor versus 2,306,137 against.
- Share Count: Verify the outstanding share count of 162,954,468 as of the April 21, 2025 record date.