Form 4: XOMA Royalty Corp CEO Owen Hughes Reports Stock Transactions
SEC Form 4
Owen Hughes, CEO of XOMA Royalty Corp, reports the acquisition and disposal of common stock and performance stock units.
Summary
- Owen Hughes, the CEO of XOMA Royalty Corporation, filed a Form 4 detailing changes in beneficial ownership.
- On May 19, 2025, Hughes acquired 53,359 shares of common stock through the vesting of Performance Stock Units (PSUs) and disposed of 53,359 PSUs.
- On May 20, 2025, Hughes sold 25,637 shares of common stock at a weighted average price of $25.38 per share.
- Following these transactions, Hughes directly owns 62,701 shares of common stock and indirectly owns 295 shares through a 401(k) plan.
- Hughes also directly owns 2,000 shares of Depository Shares 8.375% Series B Cumulative Stock.
- He also owns 168,281 Performance Stock Units.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions, with no inherent positive or negative sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company executive, which is a common practice for publicly traded companies.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership by a key executive.
- The sale of shares to cover tax obligations is a common practice and generally does not significantly impact stakeholders.
Key Dates
| Date | Description |
|---|---|
| 05/19/2025 | Acquisition of 53,359 shares of common stock through PSU vesting and disposal of 53,359 PSUs. |
| 05/20/2025 | Sale of 25,637 shares of common stock at an average price of $25.38 per share. |
| 05/21/2025 | Date of signature by Attorney-in-Fact for Owen Hughes. |
| 05/18/2026 | Expiration date of Performance Stock Units. |
Keywords
XOMA Royalty Corp, Owen Hughes, Form 4, Beneficial Ownership, Stock Transactions, Performance Stock Units, Common Stock
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.