Boukaya Michael 4

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.