secwatch.observer — SEC 8-K summary
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Issuer:     Xperi Inc. (XPER)
CIK:        0001788999
Form:       8-K
Filed at:   2024-02-05T23:59:59+00:00
Accession:  0000950170-24-011343
Event type: other_material
Sentiment:  neutral
Materiality: 0.35
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Xperi Inc. approves new Annual Bonus Plan for executive officers with performance-based metrics
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- Compensation Committee approved Annual Bonus Plan (ABP) for 2024, providing cash incentive awards tied to performance criteria.
- CEO Jon Kirchner and CFO Robert Andersen: 100% of target bonus based on company financial performance.
- Chief Products and Services Officer Geir Skaaden: 60% financial performance, 40% operating objectives.
- Awards subject to Xperi's clawback policy and any future compensation recovery policies.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1788999/000095017024011343/0000950170-24-011343-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1788999/000095017024011343/xper-20240130.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-011343

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer