secwatch.observer — SEC 8-K summary
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Issuer:     CEVA INC (CEVA)
CIK:        0001173489
Form:       8-K
Filed at:   2025-01-29T23:59:59+00:00
Accession:  0001437749-25-002071
Event type: leadership
Sentiment:  neutral
Materiality: 0.35
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Ceva appoints former Intel/Qualcomm exec Amir Faintuch to board, expanding to 8 members
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- Board expanded from 7 to 8 members; Faintuch appointed independent director effective January 24, 2025.
- Faintuch is CEO of Volumez, formerly SVP at GlobalFoundries, Intel, and President of Qualcomm Atheros.
- Will receive prorated $40K cash retainer and $124,670 RSU grant vesting over 2 years.
- Expected to stand for election at the 2025 annual meeting of stockholders.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1173489/000143774925002071/0001437749-25-002071-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1173489/000143774925002071/ceva20250127_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-25-002071

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer