COO of CEVA (NASDAQ: CEVA) surrenders 20,500 shares back to company

Rhea-AI Filing Summary

CEVA Inc. Chief Operating Officer Michael Boukaya reported two dispositions of common stock to the company on May 15, 2026, totaling 20,500 shares at $36.13 per share. These were coded as “disposition to issuer,” indicating shares were returned to CEVA rather than sold on the open market.

Some of the shares involved were previously acquired under the company’s 2002 Employee Stock Purchase Plan. After these transactions, Boukaya has 21,219 shares outstanding and 34,661 unvested RSUs, so he retains a meaningful equity stake linked to CEVA’s future performance.

Insights

Equity compensation and insider-trading analyst

COO’s filing shows routine share returns to CEVA, not open-market selling.

The filing shows Michael Boukaya, CEVA’s COO, disposing of a combined 20,500 common shares at $36.13 per share, with the transactions coded as Disposition to issuer. This suggests shares were surrendered back to the company instead of being sold in the market.

Footnotes note that some shares were originally acquired via the 2002 Employee Stock Purchase Plan, and that Boukaya still holds 21,219 shares and 34,661 unvested RSUs. With these remaining holdings and no derivative exercises reported, the activity appears administrative and compensation-related rather than a directional bet on CEVA’s stock.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Boukaya Michael

Role Chief Operating Officer

Type	Security	Shares	Price	Value
Disposition	Common Stock	19,396	$36.13	$701K
Disposition	Common Stock	1,104	$36.13	$40K

Holdings After Transaction: Common Stock — 56,984 shares (Direct, null)

Footnotes (1)

1. Shares that were acquired under the Ceva, Inc. 2002 Employee Stock Purchase Plan. Represents 21,219 shares outstanding and 34,661 unvested RSU's.

Key Figures

Shares disposed: 20,500 shares Disposition price: $36.13 per share Shares outstanding held: 21,219 shares +3 more

6 metrics

Shares disposed 20,500 shares Total common stock returned to issuer on May 15, 2026

Disposition price $36.13 per share Price for both dispositions of common stock

Shares outstanding held 21,219 shares COO’s CEVA common shares outstanding after transactions

Unvested RSUs 34,661 RSUs Unvested restricted stock units held by COO after transactions

First disposition size 1,104 shares Common stock disposition to issuer on May 15, 2026

Second disposition size 19,396 shares Additional common stock disposition to issuer on May 15, 2026

Key Terms

Disposition to issuer, Employee Stock Purchase Plan, RSU's, Common Stock

4 terms

Disposition to issuer financial

"transaction_code_description: "Disposition to issuer" for both common stock entries"

Employee Stock Purchase Plan financial

"Shares that were acquired under the Ceva, Inc. 2002 Employee Stock Purchase Plan."

An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.

RSU's financial

"Represents 21,219 shares outstanding and 34,661 unvested RSU's."

Common Stock financial

"security_title: "Common Stock" for both reported transactions"

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Boukaya Michael

(Last) (First) (Middle)

CEVA, INC.

15245 SHADY GROVE ROAD, SUITE 400

(Street)

ROCKVILLE MARYLAND 20850

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
CEVA INC [ CEVA ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Operating Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/15/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	05/15/2026		D		19,396	D	$36.13	56,984	D
Common Stock	05/15/2026		D		1,104(1)	D	$36.13	55,880(2)	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Shares that were acquired under the Ceva, Inc. 2002 Employee Stock Purchase Plan.

2. Represents 21,219 shares outstanding and 34,661 unvested RSU's.

	/s/ Michael Boukaya	05/18/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transactions did CEVA (CEVA) COO Michael Boukaya report?

Michael Boukaya reported two dispositions of CEVA common stock to the company, totaling 20,500 shares at $36.13 per share on May 15, 2026. The transactions were coded as “disposition to issuer,” meaning shares were returned to CEVA rather than sold on the open market.

At what price did the CEVA (CEVA) COO dispose of his shares?

Both dispositions by CEVA’s COO occurred at a reported price of $36.13 per share. This price applies to the combined 20,500 common shares returned to the issuer on May 15, 2026, as reflected in the Form 4 transaction details for Michael Boukaya.

How many CEVA (CEVA) shares and RSUs does the COO still hold after these transactions?

After the reported dispositions, Michael Boukaya holds 21,219 CEVA shares outstanding and 34,661 unvested restricted stock units (RSUs). This combination of owned shares and unvested RSUs indicates he maintains a significant equity-linked interest in the company’s long-term performance.

Were the CEVA (CEVA) COO’s disposed shares originally acquired through an employee plan?

Footnotes state that some of the shares were acquired under the Ceva, Inc. 2002 Employee Stock Purchase Plan. This indicates a portion of the disposed shares came from a broad-based employee stock purchase program rather than open-market buying, framing the transactions as compensation-related.

Does the CEVA (CEVA) Form 4 show any option exercises or derivative transactions?

The Form 4 indicates no derivative transactions or option exercises for this event, and the derivative summary is empty. The filing only reports non-derivative common stock dispositions coded as “disposition to issuer,” emphasizing share returns to CEVA instead of derivative activity.