Toquet Gweltaz 4

What Happened
Gweltaz Toquet, Chief Commercial Officer of CEVA Inc. (CEVA), disposed 20,922 shares to the issuer on May 20, 2026 at $37.50 per share, for a total of $784,575. The reported transaction is coded as a disposition to the issuer (D), which commonly reflects shares surrendered to the company rather than an open‑market sale.

Key Details

• Transaction date: 2026-05-20; Price: $37.50; Shares disposed: 20,922; Gross value: $784,575.
• Shares owned after the transaction: 15,178 shares beneficially owned (per footnote).
• Footnote F1: Indicates 15,178 shares outstanding and 38,056 unvested RSUs.
• Filing date / timeliness: Form 4 filed 2026-05-21 (reporting period 2026-05-20) — timely filing.
• Transaction type: Disposition to issuer (D) — not an open market sale.

Context
A "disposition to issuer" usually means the insider surrendered shares back to the company (often to satisfy tax withholding on RSU vesting) rather than selling into the open market. That distinction is important for investors: these transactions are administrative and do not necessarily indicate a change in the insider’s view of the company. The filing shows the executive retains 15,178 shares and holds 38,056 unvested RSUs.