Form 4: Xperi Inc. Executive Matthew Milne Reports Stock Transaction
SEC Form 4 Filing
Chief Revenue Officer Matthew Milne of Xperi Inc. reports disposition of shares to cover tax obligations.
Summary
- On July 28, 2024, Matthew Milne, Chief Revenue Officer of Xperi Inc., reported a transaction involving common stock.
- A total of 1,909 shares were disposed of at a price of $8.01.
- The shares were withheld to satisfy tax withholding obligations related to the release of shares subject to vesting.
- Following the transaction, Milne beneficially owns 203,163 shares of Xperi Inc.
Sentiment
Score: 5
Explanation: This is a neutral transaction related to tax obligations, not indicative of positive or negative sentiment towards the company's prospects.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a standard tax-related stock transaction and doesn't necessarily reflect a change in the executive's confidence in the company.
Key Dates
| Date | Description |
|---|---|
| 07/28/2024 | Date of stock transaction |
| 07/29/2024 | Date of signature for the report |
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