[Form 4] Xencor Inc Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4
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
2 transactions reported
Mixed
2 txns
Insider
Cornelissen Bart Jan
Role
SR. VICE PRESIDENT & CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 116,750 | $0.00 | -- |
| Grant/Award | Common Stock | 19,458 | $0.00 | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 116,750 shares (Direct);
Common Stock — 81,914 shares (Direct)
Footnotes (1)
- 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. 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. 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
What did XNCR CFO Bart Jan Cornelissen report in this Form 4?
He reported equity awards from Xencor. These include 116,750 stock options and 19,458 restricted stock units granted on March 2, 2026, both tied to continued employment and multi‑year vesting schedules, rather than open‑market share purchases or sales.
How many Xencor (XNCR) stock options were granted to the CFO?
He received 116,750 stock options. These options vest 25% on the one‑year anniversary of March 2, 2026, with the remaining 75% vesting in equal monthly installments over the following three years, subject to his continued service at Xencor.
What are the vesting terms of the XNCR restricted stock units granted?
The 19,458 restricted stock units vest in three equal installments. One‑third vests on each of the first, second, and third anniversaries of the grant date, provided Bart Jan Cornelissen remains continuously employed by Xencor through each applicable vesting date.
Are these XNCR Form 4 transactions open-market purchases or sales?
No, they are not open‑market trades. The filing shows Form 4 code “A” transactions, representing grants or awards of stock options and restricted stock units from Xencor as part of compensation, rather than discretionary buying or selling in the open market.