Boukaya Michael 4
4 · CEVA INC · Filed Feb 23, 2026
Research Summary
AI-generated summary of this filing
CEVA COO Michael Boukaya Receives RSU Award (12,709 Shares)
What Happened Michael Boukaya, Chief Operating Officer of CEVA, was granted 12,709 restricted stock units (RSUs) on February 19, 2026. The Form 4 shows an acquisition code "A" at $0.00 per share (a compensation award, not a cash purchase or market trade). The RSUs are part of the company’s 2011 Equity Incentive Plan.
Key Details
- Transaction date: 2026-02-19; filing date (Form 4): 2026-02-23 (filed within standard 2 business days).
- Grant: 12,709 RSUs reported at $0.00 per share (award/compensation).
- Vesting: 33.4% vests on Feb 19, 2027; 33.3% vests on Feb 19, 2028; 33.3% vests on Feb 19, 2029 (Footnote F1).
- Holdings per filing (Footnote F2): notes 41,719 shares and 34,661 unvested RSUs reported for Mr. Boukaya.
- Award plan: granted under CEVA’s 2011 Equity Incentive Plan.
Context This was a compensation grant (RSUs), which aligns with typical executive pay rather than an open-market purchase or sale. RSUs vest over multiple years, so they are not immediately liquid. Such grants are common for retention and alignment with shareholder interests; they do not by themselves signal an insider buying stock in the market.
Insider Transaction Report
- Award
Common Stock
[F1][F2]2026-02-19+12,709→ 76,380 total
Footnotes (2)
- [F1]Represents shares subject to restricted stock units (RSUs). The RSU grant vestS 33.4% on February 19, 2027, 33.3% on February 19, 2028 and 33.3% on February 19, 2029. The RSU award was made pursuant to the Corporation's 2011 Equity Incentive Plan.
- [F2]Represents 41,719 shares outstanding and 34,661 unvested RSU's.