XOMA (XOMA) CIO receives stock, PSU grants and updates holdings
Rhea-AI Filing Summary
Sitko Bradley reported acquisition or exercise transactions in this Form 4 filing.
XOMA Royalty Corp’s Chief Investment Officer Bradley Sitko reported equity awards rather than market trades. He received 44,849 Performance Stock Units, each representing the right to one share of common stock if specified share-price goals are met and he remains with the company through the vesting dates.
He was also granted two blocks of common-stock RSUs at no cash cost: 30,000 shares and 29,402 shares. One RSU grant vests fully on March 11, 2031, and the other vests 25% on each of the first four anniversaries of March 11, 2026, all conditioned on continued service.
Following these grants, Sitko holds 79,224 shares of common stock directly, plus the 44,849 PSUs. He also reports direct holdings of preferred and depositary shares and additional indirect common and preferred holdings through a 401(k) plan, his spouse, and children.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Performance Stock Units | 44,849 | $0.00 | -- |
| Grant/Award | Common Stock | 30,000 | $0.00 | -- |
| Grant/Award | Common Stock | 29,402 | $0.00 | -- |
| holding | 8.625% Series A Cumulative Perpetual Preferred Stock | -- | -- | -- |
| holding | Depositary Shares - 8.375% Series B Cumulative Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | 8.625% Series A Cumulative Perpetual Preferred Stock | -- | -- | -- |
| holding | Depositary Shares - 8.375% B Cumulative Stock | -- | -- | -- |
Footnotes (1)
- Represents a grant of restricted stock units ("RSUs") payable solely in common stock that will vest in full on March 11, 2031, subject to the Reporting Person's continued service to the Issuer through the vesting date. Represents a grant of RSUs payable solely in common stock that will vest as to 25% on each of the first four anniversaries of March 11, 2026, subject to the Reporting Person's continued service to the Issuer through each vesting date. Each performance stock unit ("PSU") represents a contingent right to receive one share of common stock. The PSUs vest upon the common stock achieving a specified price per share, subject to the Reporting Person's continued service to the Issuer through each vesting date.
