Form 4: Xencor Director Kurt Gustafson Trades Shares

Xencor Director Kurt Gustafson reported a transaction involving common stock on June 15, 2026, under a pre-established 10b5-1 plan.

Summary

• Kurt A. Gustafson, a Director at Xencor Inc., reported a transaction on June 15, 2026.
• The transaction involved the disposal of 5,474 shares of common stock at a price of $12.31 per share.
• This transaction was executed under a Rule 10b5-1(c) trading plan adopted on June 24, 2025.
• Following this transaction, Gustafson beneficially owns 14,709 shares of Xencor Inc. common stock.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as it represents a routine insider transaction executed under a pre-existing trading plan, with no indication of positive or negative company performance.

Future Outlook

No specific future outlook or guidance is provided in this filing.

Industry Context

StockSavvy.ai notes that Form 4 filings, particularly those executed under Rule 10b5-1 plans, are standard disclosures for insider transactions and do not inherently signal a change in company outlook. These plans are designed to allow insiders to trade securities in a predetermined manner, avoiding accusations of insider trading.

Key Dates

Keywords

Xencor Inc, XNCR, Form 4, Insider Trading, 10b5-1 Plan, Director Transaction, Common Stock