STOCK TITAN

Director at Xencor (XNCR) sells 7,527 shares under 10b5-1 plan

Filing Impact
(Neutral)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Xencor Inc director Kevin Charles Gorman reported an open-market sale of 7,527 shares of Xencor common stock. The shares were sold at an average price of $12.31 per share. This trade was executed under a 10b5-1 trading plan adopted on June 27, 2025. Following the sale, Gorman directly holds 11,378 Xencor shares.

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Insider GORMAN KEVIN CHARLES
Role null
Sold 7,527 shs ($93K)
Type Security Shares Price Value
Sale Common Stock 7,527 $12.31 $93K
Holdings After Transaction: Common Stock — 11,378 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Shares sold 7,527 shares Open-market sale of Xencor common stock
Sale price $12.31 per share Average price for the 7,527 shares sold
Shares held after sale 11,378 shares Direct ownership following the reported transaction
10b5-1 plan financial
"This transaction is pursuant to a 10b5-1 plan adopted by the Reporting Person on June 27, 2025."
A 10b5-1 plan is a pre-arranged strategy that allows company insiders to buy or sell their shares at predetermined times and prices, even while they are aware of confidential information. It acts like a scheduled appointment for trading, helping ensure transactions happen transparently and legally, which can reassure investors that trades are not based on insider knowledge.
open-market sale financial
"transaction_action: open-market sale"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Common Stock financial
"security_title: Common Stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
X
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
GORMAN KEVIN CHARLES

(Last)(First)(Middle)
C/O XENCOR, INC.
465 N HALSTEAD STREET, SUITE 200

(Street)
PASADENA CALIFORNIA 91107

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Xencor Inc [ XNCR ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/15/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock06/15/2026S(1)7,527D$12.3111,378D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. This transaction is pursuant to a 10b5-1 plan adopted by the Reporting Person on June 27, 2025.
Remarks:
/s/ Celia E. Eckert, Attorney-in-Fact06/17/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Xencor (XNCR) director Kevin Gorman report?

Xencor director Kevin Charles Gorman reported selling 7,527 shares of common stock. The transaction was an open-market sale at an average price of $12.31 per share, and it was carried out under a pre-arranged 10b5-1 trading plan.

At what price did XNCR director Kevin Gorman sell his Xencor shares?

Kevin Charles Gorman sold his 7,527 Xencor common shares at an average price of $12.31 per share. This reflects an open-market sale, executed pursuant to an established 10b5-1 trading plan adopted before the transaction date.

How many Xencor (XNCR) shares does Kevin Gorman hold after the reported sale?

After selling 7,527 shares, Kevin Charles Gorman directly holds 11,378 Xencor common shares. These post-transaction holdings reflect his remaining direct ownership position reported in the filing following the single disclosed open-market sale.

Was the Xencor (XNCR) insider sale made under a Rule 10b5-1 trading plan?

Yes. The filing notes the transaction was made pursuant to a 10b5-1 trading plan adopted by Kevin Charles Gorman on June 27, 2025. Such plans pre-schedule trades, reducing the significance of trade timing as a signal of insider sentiment.

What type of security did XNCR director Kevin Gorman sell in this Form 4?

Kevin Charles Gorman sold Xencor common stock in this reported transaction. The Form 4 shows a single open-market sale of 7,527 common shares at $12.31 per share, leaving him with 11,378 common shares held directly afterward.