[Form 4] Xencor Inc Insider Trading Activity
Xencor Inc reported that Senior Vice President and CFO Bart Jan Cornelissen received new equity awards.
Rhea-AI Filing Summary
Xencor Inc reported that Senior Vice President and CFO Bart Jan Cornelissen received new equity awards. He was granted stock options for 116,750 shares of common stock at an exercise price of $0.00 per share, vesting over four years starting one year after March 2, 2026. He also acquired 19,458 restricted stock units that vest in three equal annual installments on the first, second, and third anniversaries of the grant date, contingent on continued service. Following these grants, he directly holds 81,914 shares of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 116,750 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 19,458 | $0.00 | $0.00 |
Footnotes (3)
- F1. Represents restricted stock units that vest as follows: 1/3 of the shares vest on the first, second and third anniversaries of the date of grant, subject to the Reporting Person's continuous service to the Issuer on and through each applicable vesting date, inclusive.
- F2. Includes the following shares acquired by the Reporting Person pursuant to the Issuer's Employee Stock Purchase Plan: 1,108 shares acquired on June 10, 2025.
- F3. 25% of the shares subject to the option shall vest on the one year anniversary of March 2, 2026 (the "Vesting Commencement Date"), and 1/48th of the shares shall vest monthly thereafter, such that the option shall be fully vested and exercisable on the four year anniversary of the Vesting Commencement Date, subject to the Reporting Person's continuous service to the Issuer on and through each applicable vesting date, inclusive.
FAQ
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What did XNCR CFO Bart Jan Cornelissen report in this Form 4?
How many Xencor (XNCR) stock options were granted to the CFO?
What are the vesting terms of the XNCR restricted stock units granted?
Are these XNCR Form 4 transactions open-market purchases or sales?
AI-generated analysis. How Rhea-AI works. Not financial advice.