Form 4: Xencor Executive Exercises Stock Options

Xencor's Senior Vice President and CSO, John R. Desjarlais, exercised 5,322 stock options at $12.51 per share, increasing his direct common stock holdings.

Summary

• John R. Desjarlais, SR. VICE PRESIDENT & CSO of Xencor Inc., exercised stock options on January 23, 2026.
• The transaction involved the acquisition of 5,322 shares of Xencor Common Stock.
• The exercise price for these options was $12.51 per share.
• Following this transaction, Mr. Desjarlais directly beneficially owns 248,207 shares of Xencor Common Stock.
• The exercised options were part of a grant that began vesting on January 26, 2016, with 25% vesting on the one-year anniversary and 1/48th monthly thereafter, fully vesting on the four-year anniversary.
• The exercise represents the conversion of an expiring option grant, which had an expiration date of January 26, 2026.

Sentiment

Score: 6

Explanation: The exercise of expiring stock options by a senior executive, resulting in increased direct share ownership, is a routine event that can be viewed as a neutral to slightly positive signal of confidence in the company.

Positives

• A senior executive is increasing their direct ownership in the company, which can signal confidence in the company's future prospects.

Future Outlook

N/A

Industry Context

This is a standard insider transaction filing and does not provide specific industry context beyond the company's ongoing executive compensation practices.

Related Party Transactions

• The exercise of stock options by a senior executive is a form of related party transaction, specifically executive compensation.

Stakeholder Impact

• Shareholders: Increased direct ownership by an executive may be seen as a positive signal of alignment with shareholder interests.
• Employees: Reflects standard executive compensation practices within the company.

Key Dates

Keywords

Xencor, XNCR, stock option exercise, insider transaction, executive compensation, common stock, Form 4