Durr Laura 4
Research Summary
AI-generated summary
Xperi (XPER) Director Laura Durr Receives Restricted Stock Award
What Happened
Laura Durr, a director of Xperi Inc. (XPER), was granted 29,320 restricted stock units (RSUs) on April 17, 2026. The filing reports an acquisition at $0.00 per unit (code A — award/grant), so no cash changed hands at grant. Each RSU represents the contingent right to receive one share of Xperi common stock upon vesting.
Key Details
- Transaction date: April 17, 2026; Form 4 filed April 21, 2026 (timely filing).
- Award: 29,320 RSUs granted at $0.00 per unit (total immediate cash value reported = $0).
- Vesting: RSUs vest in full on the earlier of (a) April 17, 2027, or (b) the date of the next annual meeting of stockholders after the grant. (Footnote: each RSU converts to one share upon vesting.)
- Shares owned after transaction: not specified in the provided filing details.
- Transaction code: A = Grant/award.
Context
RSU grants are a common form of director compensation intended to align insiders with shareholders; they are not an immediate purchase or sale. The economic value to the recipient will depend on Xperi’s stock price when the RSUs vest and are settled.