Xperi (XPER) product chief granted 112,500 shares, withholds 41,521 for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Xperi Inc. reported that Chief Product & Services Officer Geir Skaaden received an equity award of 112,500 shares of common stock on March 2, 2026 at no cash cost, tied to restricted stock units that vest in four equal installments beginning March 1, 2027. Each restricted stock unit represents a right to receive one share of Xperi common stock. On March 1, 2026, 41,521 shares of common stock were disposed of at $6.13 per share to satisfy tax withholding obligations arising from equity compensation, a non-open-market transaction. After these transactions, Skaaden continued to hold a substantial direct stake in Xperi common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Skaaden Geir
Role
Chief Prod. & Servs Off.
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 112,500 | $0.00 | -- |
| Tax Withholding | Common Stock | 41,521 | $6.13 | $255K |
Holdings After Transaction:
Common Stock — 401,307 shares (Direct)
Footnotes (1)
- Represents shares withheld to satisfy tax withholding obligations. The restricted stock units ("RSUs") shall vest in four equal installments beginning on March 1, 2027 and annually thereafter until fully vested. Each RSU represents a contingent right to receive one share of Xperi Inc. common stock.
FAQ
What insider transactions did Xperi (XPER) report for Geir Skaaden?
Xperi reported that Geir Skaaden received an award of 112,500 shares of common stock on March 2, 2026, and disposed of 41,521 shares on March 1, 2026, to cover tax withholding obligations related to equity compensation.
Was Geir Skaaden’s Xperi (XPER) stock award a cash purchase?
No, the 112,500 Xperi shares reported for Geir Skaaden were acquired at no cash cost as a grant linked to restricted stock units. These units vest in four equal installments beginning March 1, 2027, providing long-term equity-based compensation.
How do the restricted stock units in Xperi’s Form 4 for Geir Skaaden vest?
The restricted stock units linked to Geir Skaaden’s award vest in four equal annual installments. Vesting begins on March 1, 2027, and continues annually until fully vested, aligning his compensation with longer-term Xperi share performance and retention.
What does each restricted stock unit represent in Xperi (XPER)’s filing?
Each restricted stock unit reported for Geir Skaaden represents a contingent right to receive one share of Xperi common stock. The units convert into shares as they vest over time, creating a direct equity position without upfront cash payment.