CEVA (CEVA) Chief Commercial Officer receives 17,793 new RSUs in equity grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Toquet Gweltaz reported acquisition or exercise transactions in this Form 4 filing.
CEVA Inc.'s Chief Commercial Officer, Gweltaz Toquet, received a grant of 17,793 shares of common stock in the form of restricted stock units at a price of $0.0000 per share on February 19, 2026. These RSUs are scheduled to 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. Following this award, Toquet’s direct holdings total 74,156 shares, consisting of 36,100 shares outstanding and 38,056 unvested RSUs.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Toquet Gweltaz
Role
Chief Commercial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 17,793 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 74,156 shares (Direct)
Footnotes (1)
- Represents shares subject to restricted stock units (RSUs). The RSU grant will vest 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 36,100 shares outstanding and 38,056 unvested RSU's.
FAQ
What did CEVA (CEVA) disclose about Gweltaz Toquet’s latest equity award?
CEVA disclosed that Chief Commercial Officer Gweltaz Toquet received 17,793 restricted stock units on February 19, 2026. The award was granted at zero cost per share under the company’s 2011 Equity Incentive Plan as part of his equity-based compensation package.
How do the new RSUs for CEVA’s Gweltaz Toquet vest over time?
The 17,793 RSUs granted to CEVA’s Chief Commercial Officer vest in three tranches: 33.4% on February 19, 2027, 33.3% on February 19, 2028, and 33.3% on February 19, 2029. This schedule encourages longer-term retention and alignment with shareholder interests.
What equity plan was used for Gweltaz Toquet’s CEVA restricted stock grant?
The RSU award to CEVA’s Chief Commercial Officer was made under the company’s 2011 Equity Incentive Plan. Equity incentive plans typically authorize share-based compensation, such as RSUs and options, to align executives’ interests with long-term company performance and shareholder value.