[Form 3] XOMA Royalty Corporation 8.625% Series A Cumulative Perpetual Preferred Stock Initial Statement of Beneficial Ownership

Rhea-AI Filing Summary

Maricel P. Montano is identified as Chief Legal Officer and a director-level reporting person for XOMA Royalty Corp (XOMAP). The Form 3 dated 08/12/2025 indicates no securities are beneficially owned by the reporting person. The submission was signed on behalf of Montano by an attorney-in-fact, Thomas Burns, on 08/14/2025. This filing is an initial ownership statement showing the officer/director relationship but reporting no direct or indirect holdings.

Insights

Financial Analyst

TL;DR: Initial Form 3 shows an officer/director with no beneficial ownership, so minimal immediate market impact.

The filing formally notifies investors that Maricel P. Montano holds an officer title and is a director-level reporting person for XOMA Royalty Corp (XOMAP) while disclosing no direct or indirect security holdings as of the 08/12/2025 event date. From a financial perspective this is routine disclosure required by Section 16 and does not change outstanding share counts, control stakes, or capitalization. The signature by an attorney-in-fact confirms procedural completion but provides no additional economic detail.

Corporate Governance Expert

TL;DR: Governance disclosure completed; absence of ownership reduces potential conflicts but is not material on its own.

The Form 3 documents that the reporting person holds an officer role (Chief Legal Officer) and is reported in a director capacity while stating no beneficial ownership of securities. For governance review, this clarifies that the disclosed officer currently has no reportable equity position, which may be relevant for conflict-of-interest assessments. The filing is procedural and does not indicate transactions, grants, or changes to compensation arrangements.

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

Montano Maricel Perea

(Last) (First) (Middle)

C/O XOMA ROYALTY CORPORATION

2200 POWELL STREET, SUITE 310

(Street)

EMERYVILLE CA 94608

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
08/12/2025

3. Issuer Name and Ticker or Trading Symbol
XOMA Royalty Corp [ XOMA ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

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

5. 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 Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

Remarks:

Exhibit 24 - Power of Attorney. No securities are beneficially owned

No securities are beneficially owned.

	/s/ Thomas Burns, Attorney-in-Fact for Maricel Perea Montano	08/14/2025
	** 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 5 (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

Who filed the Form 3 for XOMAP and what is their role?

The Form 3 names Maricel P. Montano as the reporting person and lists her role as Chief Legal Officer and a director-level reporting person.

Does the Form 3 report any beneficial ownership for XOMAP by the reporting person?

No. The filing explicitly states no securities are beneficially owned by the reporting person.

What is the effective date of the event requiring this Form 3 for XOMAP?

The Date of Event Requiring Statement is 08/12/2025 as shown on the form.

Who signed the Form 3 and when was it signed?

The form was signed by Thomas Burns, Attorney-in-Fact for Maricel Perea Montano on 08/14/2025.

Does this Form 3 disclose any derivative securities or transactions for XOMAP?

No. The form contains no entries in Tables I or II and states that no securities are beneficially owned.