Manulife-affiliated investment managers report a significant institutional stake in Xperi Inc. Manulife Investment Management (US) LLC beneficially owns 2,522,844 shares of Xperi common stock, representing 5.44% of the 46,335,385 shares outstanding as of October 28, 2025. Manulife Investment Management Limited holds an additional 8,911 shares, or 0.02%. Through its indirect, wholly owned subsidiaries, Manulife Financial Corporation may be deemed to beneficially own these same shares. The ownership information is reported as of the event date December 31, 2025.
Positive
None.
Negative
None.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. 2)
Xperi Inc.
(Name of Issuer)
Common Stock
(Title of Class of Securities)
98423J101
(CUSIP Number)
12/31/2025
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)
SCHEDULE 13G
CUSIP No.
98423J101
1
Names of Reporting Persons
Manulife Financial Corporation
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
CANADA (FEDERAL LEVEL)
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
0.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
0.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
0.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
0 %
12
Type of Reporting Person (See Instructions)
HC
SCHEDULE 13G
CUSIP No.
98423J101
1
Names of Reporting Persons
Manulife Investment Management Limited
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
CANADA (FEDERAL LEVEL)
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
8,911.00
6
Shared Voting Power
0.00
7
Sole Dispositive Power
8,911.00
8
Shared Dispositive Power
0.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
8,911.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
0.02 %
12
Type of Reporting Person (See Instructions)
FI
SCHEDULE 13G
CUSIP No.
98423J101
1
Names of Reporting Persons
Manulife Investment Management (US) LLC
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
2,522,844.00
6
Shared Voting Power
0.00
7
Sole Dispositive Power
2,522,844.00
8
Shared Dispositive Power
0.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
2,522,844.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
5.44 %
12
Type of Reporting Person (See Instructions)
IA
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
Xperi Inc.
(b)
Address of issuer's principal executive offices:
2190 Gold Street San Jose, CA, 95002 United States
Item 2.
(a)
Name of person filing:
This filing is made on behalf of Manulife Financial Corporation ("MFC") and MFC's indirect, wholly-owned subsidiaries, Manulife Investment Management (US) LLC ("MIM (US)") and Manulife Investment Management Limited ("MIML")
(b)
Address or principal business office or, if none, residence:
The principal business offices of MFC and MIML are located at 200 Bloor Street East, Toronto, Ontario, Canada, M4W 1E5.
The principal business office of MIM (US) is located at 197 Clarendon Street, Boston, Massachusetts 02116.
(c)
Citizenship:
MFC and MIML are organized and exist under the laws of Canada.
MIM (US) is organized and exists under the laws of the State of Delaware.
(d)
Title of class of securities:
Common Stock
(e)
CUSIP No.:
98423J101
Item 3.
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
(k)
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
FI
Item 4.
Ownership
(a)
Amount beneficially owned:
MIM (US) has beneficial ownership of 2,522,844 shares of Common Stock and MIML has beneficial ownership of 8,911 shares of Common Stock. Through its parent-subsidiary relationship to MIM (US) and MIML, MFC may be deemed to have beneficial ownership of these same shares.
(b)
Percent of class:
Of the 46,335,385 shares of Common Stock outstanding as of October 28, 2025, according to the Form 10-Q filed by the issuer with the Securities and Exchange Commission on November 6, 2025, MIM (US) held 5.44% and MIML held 0.02%.
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
Incorporated by reference to Item 5 of the cover page pertaining to each reporting person.
(ii) Shared power to vote or to direct the vote:
Incorporated by reference to Item 6 of the cover page pertaining to each reporting person.
(iii) Sole power to dispose or to direct the disposition of:
Incorporated by reference to Item 7 of the cover page pertaining to each reporting person.
(iv) Shared power to dispose or to direct the disposition of:
Incorporated by reference to Item 8 of the cover page pertaining to each reporting person.
Item 5.
Ownership of 5 Percent or Less of a Class.
Not Applicable
Item 6.
Ownership of more than 5 Percent on Behalf of Another Person.
Not Applicable
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
If a parent holding company has filed this schedule, pursuant to Rule 13d-1(b)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the identity and the Item 3 classification of the relevant subsidiary. If a parent holding company has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identification of the relevant subsidiary.
See Items 3 and 4 above.
Item 8.
Identification and Classification of Members of the Group.
Not Applicable
Item 9.
Notice of Dissolution of Group.
Not Applicable
Item 10.
Certifications:
By signing below I certify that, to the best of my knowledge and belief, the foreign regulatory scheme applicable to MIML is substantially comparable to the regulatory scheme applicable to the functionally equivalent U.S. institution(s). I also undertake to furnish to the Commission staff, upon request, information that would otherwise be disclosed in a Schedule 13D.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
Manulife Financial Corporation
Signature:
/s/ Graham Miller
Name/Title:
Graham Miller / Agent*
Date:
02/12/2026
Manulife Investment Management Limited
Signature:
/s/ Christopher Walker
Name/Title:
Christopher Walker / Chief Compliance Officer
Date:
02/04/2026
Manulife Investment Management (US) LLC
Signature:
/s/ Paul M. Donahue
Name/Title:
Paul Donahue / Chief Compliance Officer
Date:
02/10/2026
Comments accompanying signature: *Signed pursuant to a Power of Attorney dated January 17, 2018 included as Exhibit A to Schedule 13F- NT filed with the Securities and Exchange Commission by Manulife Financial Corporation on January 29, 2018.
The original statement shall be signed by each person on whose behalf the statement is filed or his authorized representative. If the statement is signed on behalf of a person by his authorized representative other than an executive officer or general partner of the filing person, evidence of the representative's authority to sign on behalf of such person shall be filed with the statement, provided, however, that a power of attorney for this purpose which is already on file with the Commission may be incorporated by reference. The name and any title of each person who signs the statement shall be typed or printed beneath his signature.
NOT Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See ss.240.13d-7 for other parties for whom copies are to be sent.
Attention: Intentional misstatements or omissions of fact constitute Federal criminal violations (See 18 U.S.C. 1001)
What percentage of Xperi Inc. (XPER) does Manulife report owning?
Manulife Investment Management (US) LLC reports beneficial ownership of 5.44% of Xperi common stock, or 2,522,844 shares. Manulife Investment Management Limited reports 0.02%, or 8,911 shares, based on 46,335,385 shares outstanding as of October 28, 2025.
Which Manulife entities are listed as reporting owners of Xperi (XPER) stock?
The filing is made on behalf of Manulife Financial Corporation and two indirect, wholly owned subsidiaries: Manulife Investment Management (US) LLC and Manulife Investment Management Limited. The U.S. LLC and the Canadian limited company each report their own Xperi common stock holdings.
How many Xperi Inc. (XPER) shares were outstanding for this ownership calculation?
The ownership percentages are calculated using 46,335,385 shares of Xperi common stock outstanding as of October 28, 2025. That share count comes from Xperi’s Form 10-Q filed with the Securities and Exchange Commission on November 6, 2025.
What is the event date for the Xperi (XPER) ownership reported by Manulife?
The event date for the reported Xperi ownership is December 31, 2025. This date is when the ownership level triggered the requirement to file the amended Schedule 13G, reflecting Manulife’s institutional holdings in Xperi common stock at that time.
Does Manulife Financial Corporation directly hold Xperi Inc. (XPER) shares in this filing?
Manulife Financial Corporation reports zero shares with sole or shared voting and dispositive power. However, as the parent of Manulife Investment Management (US) LLC and Manulife Investment Management Limited, it may be deemed to beneficially own the shares those subsidiaries hold.
How much Xperi (XPER) stock does Manulife Investment Management Limited hold?
Manulife Investment Management Limited reports beneficial ownership of 8,911 Xperi common shares, representing 0.02% of the class. It has sole voting and sole dispositive power over these shares, with no shared voting or shared dispositive authority reported in the filing.