[Form 4] Xencor Inc Insider Trading Activity
Rhea-AI Filing Summary
Xencor Inc director Todd E. Simpson received new equity awards as part of his compensation. On June 16, 2026, he was granted 10,302 shares of Common Stock in the form of restricted stock units, which will fully vest on the first anniversary of the grant date.
On the same date, he also received a stock option covering 20,604 shares of Common Stock at an exercise price of $12.20 per share. These option shares vest in equal monthly installments over one year beginning on the one-month anniversary of June 16, 2026, becoming fully vested on June 16, 2027. Following these awards, Simpson directly holds 23,988 shares of Common Stock and 20,604 stock options.
Positive
- None.
Negative
- None.
Insights
Routine director equity grants increase alignment but reflect no open-market buying.
Director Todd E. Simpson received 10,302 restricted stock units and a stock option for 20,604 shares at $12.20 per share. Both awards are characterized as grants or awards, not market purchases, and therefore represent standard equity compensation rather than an investment decision.
The RSUs cliff-vest after one year, while the option vests monthly over a year until June 16, 2027. This structure encourages ongoing service and retention. Because these are non-cash, compensation-related awards with no open-market trades, their informational value for sentiment is limited.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 20,604 | $0.00 | -- |
| Grant/Award | Common Stock | 10,302 | $0.00 | -- |
Footnotes (1)
- Represents restricted stock units that shall fully vest on the first anniversary of the date of grant. The shares subject to the option will vest in equal monthly installments over one year beginning on the one-month anniversary of June 16, 2026, such that the total number of shares will be fully vested on June 16, 2027.