Form 4: Xperi Inc. CFO Reports Tax-Related Stock Transaction
SEC Form 4 Filing
Robert J. Andersen, CFO of Xperi Inc., reports the withholding of shares to cover tax obligations related to vesting.
Summary
- On July 28, 2024, Robert J. Andersen, the Chief Financial Officer of Xperi Inc., engaged in a transaction involving the withholding of 3,062 common stock shares to satisfy tax obligations.
- The shares were withheld at a price of $8.01 per share.
- Following the transaction, Andersen directly owns 252,398 shares of Xperi Inc. common stock.
Sentiment
Score: 7
Explanation: The document is a routine regulatory filing related to tax obligations, so it's neutral to slightly positive as it indicates standard compensation practices.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This transaction reflects standard practice for covering tax obligations related to stock vesting.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders as it is a routine tax-related stock withholding.
Key Dates
| Date | Description |
|---|---|
| 07/28/2024 | Date of stock transaction (tax withholding) |
| 07/29/2024 | Date of signature on the Form 4 filing |
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