Gorman Jeremi 4

What Happened

• Jeremi Gorman, a director of Xperi Inc. (XPER), was granted 29,320 restricted stock units (RSUs) on April 17, 2026. The filing shows an acquisition at $0.00 per unit (standard for RSU grants); no immediate cash change occurred.
• Each RSU represents a contingent right to receive one share of Xperi common stock upon vesting. The grant vests in full on the earlier of (a) April 17, 2027, or (b) the date of the next annual meeting of stockholders.

Key Details

• Transaction date: 2026-04-17; Grant type: Award/Grant (code A); Amount: 29,320 RSUs; reported price: $0.00.
• Vesting: Full vesting on the earlier of 4/17/2027 or the next annual stockholders’ meeting (see footnote F1).
• Shares owned after transaction: Not specified in the Form 4 filing.
• Filing: Form 4 filed 2026-04-21 (covers the 4/17/2026 grant), which is within the typical SEC Form 4 reporting window for a weekend-intervening transaction.

Context

• This is a standard equity award to a director, not a market purchase or sale. RSU grants are compensation and don't indicate an immediate buy/sell decision; shares will only be issued if and when the RSUs vest.
• For retail investors, awards to directors are routine corporate governance/compensation events; they provide long-term alignment but are not the same signal as an insider buying shares with personal funds.