Director at CEVA (NASDAQ: CEVA) receives 3,325 restricted stock units grant
Rhea-AI Filing Summary
CEVA director Jaclyn Liu received 3,325 restricted stock units as equity compensation. The award was granted at no cash cost to her and comes from CEVA’s 2011 Stock Incentive Plan. Each unit converts into one share of common stock, with all units scheduled to vest on June 2, 2027.
After this grant, Liu’s reported holdings total 35,795 equity interests, consisting of 29,239 common shares and 6,556 unvested restricted stock units. This filing reflects a compensation-related acquisition rather than an open-market purchase or sale.
Positive
- None.
Negative
- None.
Insights
Director received routine RSU grant, no open-market trading involved.
Director Jaclyn Liu acquired 3,325 restricted stock units as a stock-based compensation award under CEVA's 2011 Stock Incentive Plan. The grant price is effectively $0.00 because RSUs are provided by the company rather than bought in the market.
The RSUs cliff-vest on June 2, 2027, aligning director incentives with longer-term company performance. Following this grant, Liu holds 35,795 equity interests (29,239 shares plus 6,556 unvested RSUs), indicating the transaction is modest relative to her overall position and carries limited trading signal.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 3,325 | $0.00 | -- |
Footnotes (1)
- Represents restricted stock units that were granted pursuant to CEVA's 2011 Stock Incentive Plan. Each Restricted Stock Unit represents the contingent right to receive one share of Ceva common stock upon vesting of the unit. 100% of the RSU's granted will vest on June 2, 2027. Represents 29,239 shares outstanding and 6,556 unvested RSU's.