COO at CEVA (CEVA) receives 12,709-share RSU equity award
Filing Impact
Filing Sentiment
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.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Boukaya Michael
Role
Chief Operating Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 12,709 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 76,380 shares (Direct)
Footnotes (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. Represents 41,719 shares outstanding and 34,661 unvested RSU's.
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.
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.