Boukaya Michael 4

What Happened Michael Boukaya, Chief Operating Officer of CEVA, sold a total of 20,500 shares on May 15, 2026 by disposition to the issuer. The sale was executed in two lots: 19,396 shares at $36.13 each ($700,777) and 1,104 shares at $36.13 each ($39,888), for a combined proceeds of approximately $740,665. This was a sale (disposition), which is typically a routine insider transaction rather than a purchase signal.

Key Details

• Transaction date: May 15, 2026; Filing date: May 18, 2026 (filed timely).
• Prices and amounts: 19,396 shares @ $36.13 = $700,777; 1,104 shares @ $36.13 = $39,888; total ≈ $740,665.
• Transaction type: Disposition to the issuer (D) — shares surrendered back to the company.
• Shares owned after transaction: Beneficial ownership reported as 21,219 shares and 34,661 unvested RSUs (see F2).
• Footnotes: F1 notes some shares were acquired under the Ceva, Inc. 2002 Employee Stock Purchase Plan; F2 clarifies the post-transaction owned and unvested amounts.

Context A "disposition to the issuer" typically means shares were surrendered to the company (often for tax withholding on vested awards or net settlement), rather than sold on the open market. This filing reports an insider sale and does not by itself indicate company performance or insider confidence.