---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-24-004608"
form_type: "8-K"
ticker: "CEVA"
cik: "0001173489"
company_name: "CEVA INC"
filed_at: "2024-02-16T23:59:59+00:00"
generated_at: "2026-06-06T00:04:25.355464+00:00"
event_type: "leadership"
sentiment: "positive"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Ceva appoints CEO Amir Panush to Board; approves 2024 executive bonus plan and equity grants

## Summary
- CEO Amir Panush appointed to Board as eighth director; will not serve on committees or receive additional compensation.
- 2024 Executive Bonus Plan: 40% weight on revenue target, 40% on non-GAAP EPS, 20% on customer agreements. Target bonus for CEO at 70% of base salary, max 120%.
- Time-based RSUs (33,318-13,535) and performance-based PSUs (49,978-9,023) granted to CEO, CFO, COO, CCO; vest over 3 years.
- CCO Gweltaz Toquet salary increased from SEK 2.32M to SEK 2.5M (~$240k); additional quarterly and strategic bonus opportunities in 2024 IB Plan.

## SEC filing metadata
- accession: 0001437749-24-004608
- form_type: 8-K
- ticker: CEVA
- cik: 0001173489
- company_name: CEVA INC
- filed_at: 2024-02-16T23:59:59+00:00
- event_type: leadership
- sentiment: positive
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1173489/000143774924004608/0001437749-24-004608-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1173489/000143774924004608/ceva20240215_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-24-004608
- JSON: https://secwatch.observer/filing/0001437749-24-004608.json
- Plain text: https://secwatch.observer/filing/0001437749-24-004608.txt

## Key facts
- Executive change
  Amir Panush was appointed as Director at CEVA INC.
  - Action: appointed
  - Role: Director
  source text: appointed Amir Panush, the Corporation’s Chief Executive Officer, as a member of the Board
  evidence_url: https://www.sec.gov/Archives/edgar/data/1173489/000143774924004608/0001437749-24-004608-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.