STOCK TITAN

COO at CEVA (CEVA) receives 12,709-share RSU equity award

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Boukaya Michael reported acquisition or exercise transactions in this Form 4 filing.

CEVA Inc. Chief Operating Officer Michael Boukaya reported an equity grant of 12,709 shares of common stock in the form of restricted stock units on February 19, 2026, at a stated price of $0.00 per share. These RSUs vest 33.4% on February 19, 2027, 33.3% on February 19, 2028 and 33.3% on February 19, 2029 under the company’s 2011 Equity Incentive Plan. After this award, Boukaya holds 76,380 shares, including 41,719 shares outstanding and 34,661 unvested RSUs.

Positive

  • None.

Negative

  • None.
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 MD 20850

(City) (State) (Zip)
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
3. Date of Earliest Transaction (Month/Day/Year)
02/19/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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 02/19/2026 A 12,709(1) A $0 76,380(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. Represents shares subject to restricted stock units (RSUs). The RSU grant vestS 33.4% on February 19, 2027, 33.3% on February 19, 2028 and 33.3% on February 19, 2029. The RSU award was made pursuant to the Corporation's 2011 Equity Incentive Plan.
2. Represents 41,719 shares outstanding and 34,661 unvested RSU's.
/s/ Michael Boukaya 02/23/2026
** 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.

FAQ

What insider transaction did CEVA (CEVA) report for Michael Boukaya?

CEVA reported an equity award to Chief Operating Officer Michael Boukaya of 12,709 shares of common stock in restricted stock units. The grant carried a stated price of $0.00 per share and was issued under the company’s 2011 Equity Incentive Plan as long-term compensation.

How do the new RSUs granted to CEVA COO Boukaya vest?

The 12,709 RSUs granted to CEVA COO Michael Boukaya vest over three years. 33.4% vest on February 19, 2027, 33.3% on February 19, 2028, and 33.3% on February 19, 2029, creating a multi‑year retention and performance alignment schedule for the executive.

How many CEVA shares does COO Michael Boukaya hold after this Form 4?

After the reported RSU grant, Michael Boukaya holds 76,380 CEVA shares. Footnote disclosure indicates this consists of 41,719 shares outstanding and 34,661 unvested RSUs, reflecting both his currently owned stock and stock-based compensation that will vest over time.

Was the CEVA COO’s RSU award a market purchase or a compensation grant?

The CEVA COO’s transaction was a compensation grant, not a market purchase. It is coded as an acquisition via grant/award at a price of $0.00 per share and was issued under CEVA’s 2011 Equity Incentive Plan as part of his executive compensation package.

What equity plan governs the new RSU grant to CEVA’s COO?

The new RSU grant to CEVA’s Chief Operating Officer was made under the company’s 2011 Equity Incentive Plan. This plan authorizes equity-based awards like restricted stock units to align management incentives with shareholder interests through stock-linked compensation over multiple years.
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525.77M
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Semiconductors
Services-computer Programming, Data Processing, Etc.
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United States
ROCKVILLE