Toquet Gweltaz 4
4 · CEVA INC · Filed Feb 17, 2026
Research Summary
AI-generated summary of this filing
CEVA CCO Gweltaz Toquet Receives 4,585 RSUs
What Happened Gweltaz Toquet, Chief Commercial Officer of CEVA Inc. (CEVA), was reported on Form 4 as acquiring 4,585 shares via an award (RSUs) on February 15, 2026. The transaction is recorded at $0 (award/grant). The RSUs are performance-based (performance conditions satisfied) and were issued under CEVA’s 2011 Equity Incentive Plan.
Key Details
- Transaction date and type: 2026-02-15 — Award/Grant of 4,585 RSUs (code A), recorded at $0.
- Vesting schedule (footnote): 33.4% vests on Feb 15, 2026; 33.3% on Feb 15, 2027; 33.3% on Feb 15, 2028.
- Holdings after transaction (footnote): 24,772 shares owned and 31,591 unvested RSUs.
- Filing timeliness: Form 4 filed 2026-02-17 (timely; Form 4 is generally due within 2 business days).
- Plan: RSUs issued under the 2011 Equity Incentive Plan; performance-based conditions have been satisfied.
Context This was a compensation award (RSUs), not an open-market purchase or sale, so it reflects grant/vesting mechanics rather than a direct buy/sell signal. Performance-based RSUs that convert to shares over time are common for executives; the immediate economic value, tax treatment, and whether shares are immediately deliverable depend on the company’s plan and the cited vesting schedule.
Insider Transaction Report
- Award
Common Stock
[F1][F2]2026-02-15+4,585→ 56,363 total
Footnotes (2)
- [F1]Represents shares subject to restricted stock units (RSUs) with respect to which performance-based vesting conditions have been satisfied. The performance-based RSUs were issued under the 2011 Equity Incentive Plan and will vest 33.4% on February 15, 2026, 33.3% on February 15, 2027 and 33.3% on February 15, 2028.
- [F2]Represents 24,772 shares outstanding and 31,591 unvested RSU's.