Director Peter McManamon of CEVA (NASDAQ: CEVA) receives 3,325 RSUs and holds over 320K shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
MCMANAMON PETER reported acquisition or exercise transactions in this Form 4 filing.
CEVA director Peter McManamon reported equity awards rather than open‑market trades. On June 2, 2026, he received a grant of 3,325 restricted stock units (RSUs) of CEVA common stock as compensation. These RSUs were granted at no cash cost.
Each RSU represents the right to receive one CEVA share when it vests, and 100% of this award will vest on June 2, 2027. After these awards, McManamon holds 51,825 CEVA common shares directly, including 45,269 shares outstanding and 6,556 unvested RSUs, and 272,085 shares indirectly through Shariva Limited Partnership.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
MCMANAMON PETER
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 3,325 | $0.00 | -- |
| Grant/Award | Common Stock | 0 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 51,825 shares (Direct, null);
Common Stock — 272,085 shares (Indirect, By Shariva Limited Parternership)
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 45,269 shares outstanding and 6,556 unvested RSU's.
Key Figures
RSU grant: 3,325 RSUs
Vesting date: June 2, 2027
Direct holdings after grant: 51,825 shares
+3 more
6 metrics
RSU grant
3,325 RSUs
Granted on June 2, 2026 as compensation
Vesting date
June 2, 2027
100% of RSUs vest on this date
Direct holdings after grant
51,825 shares
Total CEVA common stock held directly post-transaction
Direct outstanding shares
45,269 shares
Portion of direct holdings currently outstanding
Unvested RSUs (direct)
6,556 RSUs
Unvested restricted stock units included in direct holdings
Indirect holdings
272,085 shares
Common stock held indirectly via Shariva Limited Partnership
Key Terms
restricted stock units, 2011 Stock Incentive Plan, vest, unvested RSU's
4 terms
restricted stock units financial
"Represents restricted stock units that were granted pursuant to CEVA's 2011 Stock Incentive Plan."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
2011 Stock Incentive Plan financial
"Represents restricted stock units that were granted pursuant to CEVA's 2011 Stock Incentive Plan."
vest financial
"100% of the RSU's granted will vest on June 2, 2027."
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
unvested RSU's financial
"Represents 45,269 shares outstanding and 6,556 unvested RSU's."
FAQ
What insider transaction did CEVA (CEVA) director Peter McManamon report?
Peter McManamon reported compensation-related acquisitions, not open-market trades. On June 2, 2026, he received 3,325 restricted stock units (RSUs) of CEVA common stock at no cash cost under the company’s 2011 Stock Incentive Plan, reflecting routine director equity compensation.
When do Peter McManamon’s new CEVA (CEVA) restricted stock units vest?
All of Peter McManamon’s newly granted CEVA RSUs vest on June 2, 2027. Each restricted stock unit converts into one share of CEVA common stock upon vesting, so the full 3,325-unit award becomes deliverable shares on that single vesting date.
What indirect CEVA (CEVA) holdings are reported for Peter McManamon?
The filing shows McManamon with 272,085 CEVA common shares held indirectly through Shariva Limited Partnership. These are reported as indirect non-derivative holdings, indicating ownership via the partnership rather than in his own name, alongside his separate direct share position.
Are Peter McManamon’s CEVA (CEVA) Form 4 transactions open-market buys or sales?
The reported transactions are coded as “A” for grants or awards, not open-market purchases or sales. They represent stock-based compensation awards under CEVA’s 2011 Stock Incentive Plan, with zero transaction price per share, rather than discretionary trading in the market.