Form 4: Xperi Inc. Executive Skaaden Geir Reports Stock Transaction
SEC Form 4 Filing
Chief Product & Services Officer of Xperi Inc., Geir Skaaden, reports disposition of shares to cover tax obligations.
Summary
- On July 28, 2024, Geir Skaaden, Chief Product & Services Officer of Xperi Inc., reported a transaction involving common stock.
- A total of 3,062 shares were disposed of to satisfy tax withholding obligations related to the release of shares subject to vesting.
- The transaction price was $8.01 per share.
- Following the transaction, Skaaden directly owns 254,544 shares of Xperi Inc. common stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing a stock transaction for tax purposes, indicating a neutral sentiment.
Industry Context
Form 4 filings are standard disclosures required by the SEC to provide transparency into the transactions of company insiders, allowing investors to track executive compensation and ownership changes.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a routine sale of shares to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 07/28/2024 | Date of stock transaction (disposal of shares). |
| 07/29/2024 | Date of signature for the Form 4 filing. |
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