Form 4: CEVA Inc. Director Sven Christer Nilsson Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Director Sven Christer Nilsson reports acquisition and disposal of CEVA Inc. common stock and restricted stock units.
Summary
- On July 1, 2024, Sven Christer Nilsson, a director of CEVA Inc., reported changes in beneficial ownership.
- Nilsson acquired 6,462 shares of common stock.
- These shares were acquired at a price of $0.
- Nilsson also disposed of 6,462 shares of common stock.
- Following these transactions, Nilsson beneficially owns 45,648 shares, including 36,746 shares outstanding and 8,902 unvested restricted stock units (RSUs).
- The RSUs were granted under CEVA's 2011 Stock Incentive Plan.
- 50% of the granted RSUs will vest on July 1, 2025, and the remaining 50% will vest on July 1, 2026.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, so the sentiment is neutral.
Industry Context
This filing is a routine disclosure related to insider transactions and is a standard practice for publicly traded companies. It provides transparency into the trading activities of company insiders.
Stakeholder Impact
- The filing provides transparency to shareholders regarding insider transactions.
Key Dates
| Date | Description |
|---|---|
| 07/01/2024 | Date of transaction (acquisition/disposal of shares and RSUs) |
| 07/01/2025 | 50% of the granted RSUs will vest |
| 07/01/2026 | Remaining 50% of the granted RSUs will vest |
| 07/02/2024 | Date of signature |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.