Xencor director granted RSUs and stock options

Xencor Inc director Kevin Charles Gorman received new equity awards as compensation.

Rhea-AI Filing Summary

Xencor Inc director Kevin Charles Gorman received new equity awards as compensation. On June 16, 2026 he was granted 10,302 restricted stock units that will fully vest on the first anniversary of the grant date.

He was also granted stock options covering 20,604 shares of common stock at an exercise price of $12.20 per share, expiring on June 15, 2036. These options vest in equal monthly installments over one year beginning one month after June 16, 2026, becoming fully vested on June 16, 2027. Following the grants, he directly holds 21,680 shares of common stock.

Insider Trade Summary

Grant/Award: 30,906 shares

Grant/Award 2 txns

Insider GORMAN KEVIN CHARLES

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Stock Option (Right to Buy)	20,604	$0.00	$0.00
Grant/Award	Common Stock	10,302	$0.00	$0.00

Holdings After Transaction: Stock Option (Right to Buy) — 20,604 contracts (Direct); Common Stock — 21,680 shares (Direct)

Footnotes (2)

1. F1. Represents restricted stock units that shall fully vest on the first anniversary of the date of grant.
2. F2. 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.

Key Figures

Restricted stock units granted: 10,302 units Stock options granted: 20,604 options Option exercise price: $12.20 per share +3 more

6 metrics

Restricted stock units granted 10,302 units Granted June 16, 2026; fully vest on first anniversary

Stock options granted 20,604 options Right to buy common stock granted June 16, 2026

Option exercise price $12.20 per share Strike price for 20,604 stock options

Option expiration date June 15, 2036 Expiration for 20,604 stock options

Common shares held after grant 21,680 shares Director’s direct holdings following June 16, 2026 awards

Option vesting period 1 year monthly Equal monthly vesting from one month after June 16, 2026 to June 16, 2027

Key Terms

restricted stock units, Stock Option (Right to Buy, vest in equal monthly installments, expiration date

4 terms

restricted stock units financial

"Represents restricted stock units that shall fully vest on the first anniversary of the date of grant."

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

Stock Option (Right to Buy financial

"Stock Option (Right to Buy) with an exercise price of $12.20 per share expiring on June 15, 2036."

vest in equal monthly installments financial

"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."

expiration date financial

"Expiration date for the stock option is June 15, 2036."

The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised. It matters to investors because it determines the timeframe during which they can take action or benefit from the contract, similar to how a coupon or a food item has a limited period of usefulness. Once the expiration date passes, the contract loses its value or ability to be used.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

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

Xencor reported that director Kevin Charles Gorman received equity compensation awards, including restricted stock units and stock options. These awards were granted on June 16, 2026 and reflect non-cash compensation rather than open-market purchases or sales of existing Xencor common stock.

How many restricted stock units did Xencor (XNCR) grant to Kevin Charles Gorman?

Xencor granted 10,302 restricted stock units to director Kevin Charles Gorman. According to the filing, these restricted stock units will fully vest on the first anniversary of the June 16, 2026 grant date, assuming continued service through that vesting date.

What are the key terms of the stock options granted to the Xencor (XNCR) director?

The director received stock options for 20,604 shares of Xencor common stock at a $12.20 exercise price. These options expire on June 15, 2036 and vest in equal monthly installments over one year, becoming fully vested on June 16, 2027, starting one month after grant.

How do the new Xencor (XNCR) equity grants vest over time?

The 10,302 restricted stock units vest in full on the first anniversary of the June 16, 2026 grant. The 20,604 stock options vest in equal monthly installments over one year starting one month after that date, so all option shares are vested by June 16, 2027.

How many Xencor (XNCR) common shares does Kevin Charles Gorman hold after these grants?

After the reported transactions, Kevin Charles Gorman directly holds 21,680 shares of Xencor common stock. This figure reflects his post-transaction ownership position disclosed in the Form 4 and does not include unexercised stock options or unvested restricted stock units.

Were the Xencor (XNCR) equity awards to the director open-market share purchases?

No, the reported transactions were equity compensation grants, not open-market purchases. The common stock was received as restricted stock units, and the options provide the right to buy shares at $12.20 in the future, subject to the specified vesting schedules.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

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Accepted by SEC EDGAR 07/08/2026 - 06:54 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED 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).

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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/16/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	06/16/2026		A		10,302(1)	A	$0	21,680	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Option (Right to Buy)	$12.2	06/16/2026		A		20,604		(2)	06/15/2036	Common Stock	20,604	$0	20,604	D

Explanation of Responses:

1. Represents restricted stock units that shall fully vest on the first anniversary of the date of grant.

2. 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.

Remarks:

	/s/ Celia E. Eckert, Attorney-in-Fact	07/08/2026
	** Signature of Reporting Person	Date
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)