Toquet Gweltaz 4

What Happened Gweltaz Toquet, Chief Commercial Officer of CEVA Inc. (CEVA), was reported on Form 4 as acquiring 4,585 shares via an award (RSUs) on February 15, 2026. The transaction is recorded at $0 (award/grant). The RSUs are performance-based (performance conditions satisfied) and were issued under CEVA’s 2011 Equity Incentive Plan.

Key Details

• Transaction date and type: 2026-02-15 — Award/Grant of 4,585 RSUs (code A), recorded at $0.
• Vesting schedule (footnote): 33.4% vests on Feb 15, 2026; 33.3% on Feb 15, 2027; 33.3% on Feb 15, 2028.
• Holdings after transaction (footnote): 24,772 shares owned and 31,591 unvested RSUs.
• Filing timeliness: Form 4 filed 2026-02-17 (timely; Form 4 is generally due within 2 business days).
• Plan: RSUs issued under the 2011 Equity Incentive Plan; performance-based conditions have been satisfied.

Context This was a compensation award (RSUs), not an open-market purchase or sale, so it reflects grant/vesting mechanics rather than a direct buy/sell signal. Performance-based RSUs that convert to shares over time are common for executives; the immediate economic value, tax treatment, and whether shares are immediately deliverable depend on the company’s plan and the cited vesting schedule.