CEVA CEO Panush Amir Buys Shares, Receives RSU Award

What Happened

Panush Amir, CEO of CEVA Inc. (CEVA), made two insider transactions on February 19, 2026: an open-market purchase of 5,100 shares at $19.70 per share ($100,470 total) and a grant of 50,838 restricted stock units (RSUs) recorded as an award (value shown as $0 on the Form 4). The purchase is a direct buy (transaction code P); the RSUs are an award under the company's equity plan (code A).

Key Details

• Transaction date(s): February 19, 2026.
  • Open-market purchase: 5,100 shares @ $19.70 = $100,470 (code P).
  • RSU grant: 50,838 RSUs @ $0 (code A).
• Report filed: February 23, 2026 — filed within the SEC's two business-day requirement (timely).
• Holdings per footnote: the filing notes 153,128 shares outstanding and 122,904 unvested RSUs (per footnote).
• RSU specifics (footnote): RSUs vest 33.4% on Feb 19, 2027, 33.3% on Feb 19, 2028 and 33.3% on Feb 19, 2029; the award was granted under CEVA’s 2011 Equity Incentive Plan.
• Transaction codes explained: P = purchase (open market); A = award/grant (RSUs).

Context

RSU grants vest over future dates and are not immediately tradable until vested; the Form 4 shows the grant amount rather than a cash value. The open-market purchase represents personal buying by the CEO, which some investors view as a positive (though it does not by itself indicate motivation). The filing appears timely and routine for executive compensation and purchases.