Xperi Inc. Files 8-K: Board Changes and Executive Compensation Updates
Ticker: XPER · Form: 8-K · Filed: Jun 10, 2024 · CIK: 1788999
| Field | Detail |
|---|---|
| Company | Xperi Inc. (XPER) |
| Form Type | 8-K |
| Filed Date | Jun 10, 2024 |
| Risk Level | medium |
| Pages | 3 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.001 |
| Sentiment | neutral |
Sentiment: neutral
Topics: governance, executive-compensation, board-of-directors
TL;DR
Xperi board shakeup and pay changes filed. Watch closely.
AI Summary
On June 10, 2024, Xperi Inc. filed an 8-K report detailing changes in its board of directors and executive compensation. The filing includes the election of new directors and updates to compensatory arrangements for certain officers, alongside standard financial statement disclosures.
Why It Matters
Changes in board composition and executive compensation can signal shifts in company strategy, governance, and future performance, impacting investor confidence.
Risk Assessment
Risk Level: medium — Changes in board and executive compensation can indicate internal shifts that may affect future company performance and strategy.
Key Numbers
- 001-41486 — SEC File Number (Identifies Xperi Inc.'s filings with the SEC.)
- 83-4470363 — IRS Employer Identification No. (Company's tax identification number.)
Key Players & Entities
- Xperi Inc. (company) — Registrant
- June 10, 2024 (date) — Date of Report
- Delaware (jurisdiction) — State of Incorporation
- San Jose, California (location) — Principal Executive Offices
FAQ
What specific changes were made to Xperi Inc.'s board of directors?
The filing indicates the election of new directors, though specific names and details of their appointments are not provided in the provided excerpt.
What are the key items disclosed in this 8-K filing?
The filing covers the departure of directors or certain officers, election of directors, appointment of certain officers, compensatory arrangements of certain officers, Regulation FD disclosures, and financial statements and exhibits.
When was the earliest event reported in this filing?
The earliest event reported in this filing occurred on June 10, 2024.
What is Xperi Inc.'s principal executive office address?
Xperi Inc.'s principal executive office is located at 2190 Gold Street, San Jose, California, 95002.
What is the SIC code for Xperi Inc.?
The Standard Industrial Classification (SIC) code for Xperi Inc. is 7372, which corresponds to SERVICES-PREPACKAGED SOFTWARE.
Filing Stats: 779 words · 3 min read · ~3 pages · Grade level 9.5 · Accepted 2024-06-10 16:10:10
Key Financial Figures
- $0.001 — ch registered Common Stock, par value $0.001 per share XPER New York Stock Excha
Filing Documents
- xper-20240610.htm (8-K) — 47KB
- xper-ex99_1.htm (EX-99.1) — 22KB
- 0000950170-24-071292.txt ( ) — 189KB
- xper-20240610.xsd (EX-101.SCH) — 25KB
- xper-20240610_htm.xml (XML) — 5KB
01 Regulation FD Disclosure
Item 7.01 Regulation FD Disclosure. On June 10, 2024, the Company issued a press release announcing the foregoing appointments. The Company's press release is attached as Exhibit 99.1 to this current report and is incorporated herein by reference. In accordance with General Instruction B.2 of Form 8-K, the information in the press release attached as Exhibit 99.1 hereto shall not be deemed to be "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act" ), nor shall such information be deemed incorporated by reference in any filing under the Exchange Act or the Securities Act of 1933, as amended, except as shall be expressly set forth by specific reference in such filing.
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits. Exhibit No. Description 99.1 Press Release dated June 10, 2024. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document).
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Date: June 10, 2024 Xperi Inc. By: /s/ Robert Andersen Name: Robert Andersen Title: Chief Financial Officer