|4Feb 17, 4:07 PM ET

Boukaya Michael 4

4 · CEVA INC · Filed Feb 17, 2026

Research Summary

AI-generated summary of this filing

Updated

CEVA COO Michael Boukaya Receives RSU Award (4,585 Shares)

What Happened

  • Michael Boukaya, Chief Operating Officer of CEVA Inc. (CEVA), received an award of 4,585 restricted stock units (RSUs) on 2026-02-15. The award is recorded at $0.00 (no cash paid).
  • The RSUs are performance-based and, per the filing, the performance conditions have been satisfied so these RSUs will vest in installments (see schedule below).

Key Details

  • Transaction date: 2026-02-15; Form 4 filed: 2026-02-17 (filed within the usual two-business-day window).
  • Transaction type/code: A (Award/Grant) — 4,585 RSUs @ $0.00.
  • Shares/ownership after transaction: beneficially owns 27,794 shares and has 35,877 unvested RSUs (per footnote).
  • Vesting schedule (footnote): 33.4% of these performance-based RSUs vest on Feb 15, 2026; 33.3% on Feb 15, 2027; 33.3% on Feb 15, 2028.
  • No sale, purchase, or option exercise occurred; this is a compensation award, not a market trade.

Context

  • RSU awards at $0.00 are common executive compensation and do not require cash outlay; their value corresponds to CEVA’s stock price when they vest.
  • Because performance conditions have been satisfied (per the filing), the award now follows the stated time-based vesting schedule rather than being contingent on future performance tests.

Insider Transaction Report

Form 4
Period: 2026-02-15
Boukaya Michael
Chief Operating Officer
Transactions
  • Award

    Common Stock

    [F1][F2]
    2026-02-15+4,58563,671 total
Footnotes (2)
  • [F1]Represents shares subject to restricted stock units (RSUs) with respect to which performance-based vesting conditions have been satisfied. The performance-based RSUs were issued under the 2011 Equity Incentive Plan and will vest 33.4% on February 15, 2026, 33.3% on February 15, 2027 and 33.3% on February 15, 2028.
  • [F2]Represents 27,794 shares outstanding and 35,877 unvested RSU's.
Signature
/s/ Michael Boukaya|2026-02-17

Documents

1 file
  • 4
    rdgdoc.xmlPrimary

    FORM 4