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[Form 4] XOMA Royalty Corp Insider Trading Activity

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

Bradley Sitko, Chief Investment Officer and director of XOMA Royalty Corp (XOMAP), reported transactions dated 09/19/2025. The filing shows Sitko acquired 6,712 Performance Stock Units (PSUs) that each represent a contingent right to one share of common stock; these PSUs vest upon the common stock reaching a specified price and are scheduled to be exercisable by 05/18/2026. Following the reported PSU acquisition, Sitko beneficially owned 23,488 derivative-backed shares and 19,822 common shares by direct ownership. The report also discloses disposals of certain preferred and depositary share instruments and multiple indirect holdings through his 401(k) plan, spouse, and children.

Bradley Sitko, Chief Investment Officer e direttore della XOMA Royalty Corp (XOMAP), ha riferito transazioni datate 19/09/2025. Il documento mostra che Sitko ha acquisito 6.712 Performance Stock Units (PSU), ciascuna delle quali rappresenta un diritto condizionato a una azione ordinaria; tali PSU maturano al verificarsi di un prezzo specifico delle azioni comuni e dovrebbero diventare esercitabili entro il 18/05/2026. A seguito dell'acquisizione di PSU riportata, Sitko deteneva beneficiariamente 23.488 azioni derivate e 19.822 azioni ordinarie mediante proprietà diretta. Il rapporto segnala anche cessioni di alcuni strumenti preferenziali e di azioni depositarie e molteplici partecipazioni indirette tramite il suo piano 401(k), il coniuge e i figli.

Bradley Sitko, Director de Inversiones y director de XOMA Royalty Corp (XOMAP), informó transacciones con fecha 19/09/2025. El registro muestra que Sitko adquirió 6,712 Unidades de Acciones de Rendimiento (PSU), cada una representando un derecho contingente a una acción ordinaria; estas PSU se consolidan cuando las acciones alcanzan un precio específico y están programadas para poder ejercerse antes del 18/05/2026. Después de la adquisición reportada de PSU, Sitko poseía beneficiosamente 23,488 acciones derivadas y 19,822 acciones ordinarias por propiedad directa. El informe también divulga desinversiones de ciertos instrumentos preferentes y de acciones de depósito y múltiples participaciones indirectas a través de su plan 401(k), su cónyuge y sus hijos.

Bradley Sitko, 최고투자책임자(CIO)이자 XOMA Royalty Corp(XOMAP)의 이사, 2025년 9월 19일자로 거래를 보고했습니다. 공시에는 Sitko가 각 주당 한 주의 조건부 권리를 나타내는 성과 주식 단위(PSU) 6,712주를 취득했으며, 이 PSU는 일반 주가가 특정 가격에 도달했을 때 비로소 행사 가능해지며 2026년 5월 18일까지 행사 가능하도록 예정되어 있습니다. 보고된 PSU 취득 이후 Sitko는 직접 소유를 통해 23,488주 파생 주식과 19,822주 일반주를 유익하게 소유하고 있었습니다. 보고서에는 또한 우선주 및 예탁주식의 처분과 그의 401(k) 플랜, 배우자, 자녀를 통한 다수의 간접 보유도 공개되어 있습니다.

Bradley Sitko, directeur des investissements et administrateur de XOMA Royalty Corp (XOMAP), a fait état de transactions datées du 19/09/2025. Le dépôt indique que Sitko a acquis 6 712 Performance Stock Units (PSU), chacune représentant un droit conditionnel sur une action ordinaire; ces PSU se vestent à l’atteinte d’un prix spécifique des actions ordinaires et devraient être exerçables d’ici le 18/05/2026. Suite à cette acquisition de PSU, Sitko détenait bénéficiellement 23 488 actions dérivées et 19 822 actions ordinaires par propriété directe. Le rapport divulgue également des cessions de certains instruments privilégiés et d’actions de dépôt et de multiples détentions indirectes via son plan 401(k), son conjoint et ses enfants.

Bradley Sitko, Chief Investment Officer und Direktor von XOMA Royalty Corp (XOMAP), berichtete über Transaktionen mit dem Datum 19.09.2025. Die Einreichung zeigt, dass Sitko 6.712 Performance Stock Units (PSUs) erworben hat, von denen jede ein bedingtes Recht auf eine Stammaktie repräsentiert; diese PSUs vestieren, wenn der Aktienkurs einen bestimmten Preis erreicht, und sollen bis zum 18.05.2026 ausübbar sein. Nach dem gemeldeten PSU-Kauf hielt Sitko durch direkte Eigentümerschaft 23.488 derivatengestützte Aktien und 19.822 Stammaktien. Der Bericht offenbart auch Veräußerungen bestimmter Vorzugs- und Depositary-Share-Instrumente sowie mehrere indirekte Positionen über seinen 401(k)-Plan, Ehepartner und Kinder.

برادلي سيتكو، كبير موظفي الاستثمار ومدير شركة XOMA Royalty Corp (XOMAP)، قد قدّم تقارير عن معاملات بتاريخ 19/09/2025. يظهر الملف أن سيتكو اشترى 6,712 وحدة أسهم أداء (PSU)، وكل وحدة تمثل حقاً مشروطاً في سهماً عاديًا واحداً؛ وتستحق هذه الوحدات عند وصول السهم إلى سعر محدد ومن المقرر أن تكون قابلة للممارسة بحلول 18/05/2026. عقب الاستحواذ المعلن للوحدة، أصبح سيتكو يملك مفهوماً 23,488 سهماً مشتقاً و19,822 سهماً عاديًا بشكل مباشر. كما يكشف التقرير عن تخارج من بعض أدوات التفضيلات وأدوات الأسهم Depositary وعن عدة ملكيات غير مباشرة عبر خطة 401(k)، الزوج/ة والأطفال.

Bradley Sitko,首席投资官兼 XOMA Royalty Corp(XOMAP)董事,报告的交易日期为 2025/09/19。 文件显示 Sitko 购买了 6,712 枚绩效股票单位(PSU),每单位代表对一股普通股的或有权利;这些 PSU 在普通股达到特定价格时归属于行使,预计可在 2026/05/18 之前行使。报告披露,在此 PSU 购买后,Sitko 通过直接持有的方式拥有 23,488 股受衍生品支持的股票和 19,822 股普通股。报告还披露了对某些优先股和存托股工具的处置,以及通过他的 401(k) 计划、配偶和子女的多项间接持有。

Positive
  • Acquisition of 6,712 PSUs that convert to one common share each upon meeting a specified price, aligning executive incentives with share performance
  • Clear disclosure of direct and indirect holdings, including 401(k) and family-held shares, enhancing transparency
Negative
  • Disposals reported including 313 shares of 8.625% Series A preferred stock and 7,045 depositary shares of 8.375% Series B, reducing certain non-common holdings
  • No price or cash proceeds disclosed for some disposals in the filing, limiting clarity on economic impact

Insights

TL;DR: Insider received 6,712 PSUs, increasing potential common share exposure if vesting conditions are met.

Bradley Sitko's acquisition of 6,712 PSUs increases his upside exposure to XOMA Royalty common stock contingent on a specified price target. The filing quantifies both direct and indirect holdings, showing meaningful total beneficial ownership when derivative and direct shares are combined. Disposals of depositary and preferred shares were also reported; however, no cash consideration or market-impacting amounts are disclosed. This filing primarily signals executive alignment with potential future equity appreciation rather than immediate cash transactions.

TL;DR: Reported PSU grant aligns executive incentives with share-price performance, while some securities were disposed.

The PSU award ties management compensation to share-price performance, which is a governance mechanism to align executive interests with shareholders. The report lists disposals of 313 shares of 8.625% Series A preferred stock and 7,045 depositary shares of 8.375% Series B, plus other indirect holdings via family and a 401(k). The filing is a standard Section 16 disclosure and contains an exhibit Power of Attorney; there are no indications of unusual governance events or control changes in the document.

Bradley Sitko, Chief Investment Officer e direttore della XOMA Royalty Corp (XOMAP), ha riferito transazioni datate 19/09/2025. Il documento mostra che Sitko ha acquisito 6.712 Performance Stock Units (PSU), ciascuna delle quali rappresenta un diritto condizionato a una azione ordinaria; tali PSU maturano al verificarsi di un prezzo specifico delle azioni comuni e dovrebbero diventare esercitabili entro il 18/05/2026. A seguito dell'acquisizione di PSU riportata, Sitko deteneva beneficiariamente 23.488 azioni derivate e 19.822 azioni ordinarie mediante proprietà diretta. Il rapporto segnala anche cessioni di alcuni strumenti preferenziali e di azioni depositarie e molteplici partecipazioni indirette tramite il suo piano 401(k), il coniuge e i figli.

Bradley Sitko, Director de Inversiones y director de XOMA Royalty Corp (XOMAP), informó transacciones con fecha 19/09/2025. El registro muestra que Sitko adquirió 6,712 Unidades de Acciones de Rendimiento (PSU), cada una representando un derecho contingente a una acción ordinaria; estas PSU se consolidan cuando las acciones alcanzan un precio específico y están programadas para poder ejercerse antes del 18/05/2026. Después de la adquisición reportada de PSU, Sitko poseía beneficiosamente 23,488 acciones derivadas y 19,822 acciones ordinarias por propiedad directa. El informe también divulga desinversiones de ciertos instrumentos preferentes y de acciones de depósito y múltiples participaciones indirectas a través de su plan 401(k), su cónyuge y sus hijos.

Bradley Sitko, 최고투자책임자(CIO)이자 XOMA Royalty Corp(XOMAP)의 이사, 2025년 9월 19일자로 거래를 보고했습니다. 공시에는 Sitko가 각 주당 한 주의 조건부 권리를 나타내는 성과 주식 단위(PSU) 6,712주를 취득했으며, 이 PSU는 일반 주가가 특정 가격에 도달했을 때 비로소 행사 가능해지며 2026년 5월 18일까지 행사 가능하도록 예정되어 있습니다. 보고된 PSU 취득 이후 Sitko는 직접 소유를 통해 23,488주 파생 주식과 19,822주 일반주를 유익하게 소유하고 있었습니다. 보고서에는 또한 우선주 및 예탁주식의 처분과 그의 401(k) 플랜, 배우자, 자녀를 통한 다수의 간접 보유도 공개되어 있습니다.

Bradley Sitko, directeur des investissements et administrateur de XOMA Royalty Corp (XOMAP), a fait état de transactions datées du 19/09/2025. Le dépôt indique que Sitko a acquis 6 712 Performance Stock Units (PSU), chacune représentant un droit conditionnel sur une action ordinaire; ces PSU se vestent à l’atteinte d’un prix spécifique des actions ordinaires et devraient être exerçables d’ici le 18/05/2026. Suite à cette acquisition de PSU, Sitko détenait bénéficiellement 23 488 actions dérivées et 19 822 actions ordinaires par propriété directe. Le rapport divulgue également des cessions de certains instruments privilégiés et d’actions de dépôt et de multiples détentions indirectes via son plan 401(k), son conjoint et ses enfants.

Bradley Sitko, Chief Investment Officer und Direktor von XOMA Royalty Corp (XOMAP), berichtete über Transaktionen mit dem Datum 19.09.2025. Die Einreichung zeigt, dass Sitko 6.712 Performance Stock Units (PSUs) erworben hat, von denen jede ein bedingtes Recht auf eine Stammaktie repräsentiert; diese PSUs vestieren, wenn der Aktienkurs einen bestimmten Preis erreicht, und sollen bis zum 18.05.2026 ausübbar sein. Nach dem gemeldeten PSU-Kauf hielt Sitko durch direkte Eigentümerschaft 23.488 derivatengestützte Aktien und 19.822 Stammaktien. Der Bericht offenbart auch Veräußerungen bestimmter Vorzugs- und Depositary-Share-Instrumente sowie mehrere indirekte Positionen über seinen 401(k)-Plan, Ehepartner und Kinder.

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*
Sitko Bradley

(Last) (First) (Middle)
C/O XOMA ROYALTY CORPORATION
2200 POWELL STREET, SUITE 310

(Street)
EMERYVILLE CA 94608

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
XOMA Royalty Corp [ XOMA ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Investment Officer
3. Date of Earliest Transaction (Month/Day/Year)
09/19/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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 09/19/2025 M 6,712 A $0 19,822 D
8.625% Series A Cumulative Perpetual Preferred Stock 313 D
Depositary Shares - 8.375% Series B Cumulative Stock 7,045 D
Common Stock 829 I By 401(k) Plan
Common Stock 1,500 I By spouse
Common Stock 75 I By child
Common Stock 75 I By child
8.625% Series A Cumulative Perpetual Preferred Stock 82 I By spouse
Depositary Shares - 8.375% Series B Cumulative Stock 2,000 I By spouse
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
Performance Stock Units (1) 09/19/2025 M 6,712 (1) 05/18/2026 Common Stock 6,712 $0 23,488 D
Explanation of Responses:
1. Each Performance Stock Unit ("PSU") represents a contingent right to receive one share of the Issuer's common stock (the "Common Stock"). The PSUs vest upon the Common Stock achieving a specified price per share.
Remarks:
Exhibit 24 - Power of Attorney.
/s/ Thomas Burns, Attorney-in-Fact for Bradley Sitko 09/23/2025
** 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.

FAQ

What did Bradley Sitko report on the XOMAP Form 4 filed for 09/19/2025?

The filing reports that Bradley Sitko acquired 6,712 Performance Stock Units (PSUs) and that he holds 23,488 derivative-backed shares and 19,822 common shares following the transactions.

What are the Performance Stock Units (PSUs) reported on XOMA Royalty's Form 4?

Each PSU represents a contingent right to receive one share of the issuer's common stock if the common stock achieves a specified price per share; 6,712 PSUs were reported.

Are there any disposals disclosed by the insider in the XOMAP filing?

Yes. The filing shows disposals including 313 shares of 8.625% Series A cumulative perpetual preferred stock and 7,045 depositary shares of the 8.375% Series B cumulative stock.

Does the filing disclose indirect ownership for Bradley Sitko?

Yes. The filing lists indirect holdings including 829 common shares via a 401(k) plan, 1,500 common shares held by his spouse, and 75 common shares each held by two children, plus indirect preferred and depositary share holdings by his spouse.

When are the PSUs reported in the Form 4 potentially exercisable?

The PSUs reported have a date noted of 05/18/2026 as the date exercisable/vesting contingent on achieving the specified stock price.
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