CEVA, INC. Announces Director Changes and Compensation Updates
Ticker: CEVA · Form: 8-K · Filed: Apr 5, 2024 · CIK: 1173489
Sentiment: neutral
Topics: director-change, executive-compensation, governance
Related Tickers: CEVA
TL;DR
CEVA board shakeup: Director Gideon Y. Shmuel out, David A. Doman in. Exec comp changes too.
AI Summary
On April 1, 2024, CEVA, INC. filed an 8-K report detailing the departure of Director Gideon Y. Shmuel and the election of Director David A. Doman as a Class II director. The company also announced changes to its executive compensation arrangements.
Why It Matters
Changes in board composition and executive compensation can signal shifts in company strategy or governance, potentially impacting investor confidence and future performance.
Risk Assessment
Risk Level: low — The filing primarily concerns routine board and executive compensation changes, with no immediate financial distress or significant operational shifts indicated.
Key Players & Entities
- CEVA, INC. (company) — Registrant
- Gideon Y. Shmuel (person) — Departing Director
- David A. Doman (person) — Elected Director
- Class II director (context) — Director classification
FAQ
Who has departed from the CEVA, INC. board of directors?
Gideon Y. Shmuel has departed from the board of directors of CEVA, INC.
Who has been elected as a new director to CEVA, INC.'s board?
David A. Doman has been elected as a Class II director to CEVA, INC.'s board.
What is the effective date of the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing is dated April 1, 2024.
What specific items are covered in this 8-K filing?
This 8-K filing covers the departure of directors or certain officers, election of directors, appointment of certain officers, and compensatory arrangements of certain officers, as well as financial statements and exhibits.
In which state is CEVA, INC. incorporated?
CEVA, INC. is incorporated in Delaware.
Filing Stats: 664 words · 3 min read · ~2 pages · Grade level 12.2 · Accepted 2024-04-05 16:31:48
Key Financial Figures
- $0.001 — nge on which registered Common Stock , $0.001 par value CEVA The NASDAQ Stock Mark
Filing Documents
- ceva20240402_8k.htm (8-K) — 27KB
- ex_649443.htm (EX-10.1) — 10KB
- 0001437749-24-011226.txt ( ) — 169KB
- ceva-20240401.xsd (EX-101.SCH) — 3KB
- ceva-20240401_def.xml (EX-101.DEF) — 11KB
- ceva-20240401_lab.xml (EX-101.LAB) — 15KB
- ceva-20240401_pre.xml (EX-101.PRE) — 11KB
- ceva20240402_8k_htm.xml (XML) — 3KB
01. FINANCIAL STATEMENTS AND EXHIBITS
ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS. (d) Exhibits: Exhibit Number Description 10.1 Fourth Amendment to Employment Agreement, dated April 1, 2024, between Ceva Technologies, Ltd. and Yaniv Arieli. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document). Indicates management compensatory plan or arrangement. Signature Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. CEVA, INC. Date: April 5, 2024 By: /s/ Yaniv Arieli Name: Yaniv Arieli Title: Chief Financial Officer