Form 4: XOMA Corp Director Jack L Wyszomierski Reports Acquisition and Disposal of Common Stock
SEC Form 4 Filing
Director Jack L Wyszomierski reports acquisition of restricted stock units and disposal of common stock.
Summary
- On May 15, 2024, Jack L Wyszomierski, a director of XOMA Corp, reported acquiring 6,070 restricted stock units (RSUs).
- Each RSU represents the right to receive one share of XOMA Corp common stock at settlement.
- The RSUs will vest on the first anniversary of the grant date, contingent upon continued service to the company.
- Wyszomierski also disposed of 12,533 shares of common stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing stock transactions by a company director. It doesn't inherently convey positive or negative sentiment.
Future Outlook
The RSUs will vest on the first anniversary of the grant date, subject to the reporting person's continued service to the Company.
Industry Context
This is a standard SEC Form 4 filing, reflecting changes in beneficial ownership by a company insider. Such filings are common and provide transparency to the market regarding insider transactions.
Stakeholder Impact
- The transaction may be of interest to shareholders as it provides insight into the actions of a company insider.
Key Dates
| Date | Description |
|---|---|
| 05/15/2024 | Date of transaction: Acquisition of 6,070 restricted stock units and disposal of 12,533 shares of common stock. |
| 05/17/2024 | Date of signature by Attorney-in-Fact. |
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