Form 4: XOMA Royalty Corp CFO Thomas M. Burns Reports Stock Transactions

Thomas M. Burns, CFO of XOMA Royalty Corp, reports the acquisition and disposal of common stock and performance stock units.

Summary

• Thomas M. Burns, the SVP, Finance & CFO of XOMA Royalty Corp, filed a Form 4 detailing changes in beneficial ownership.
• On May 19, 2025, Burns acquired 17,773 shares of common stock through the vesting of Performance Stock Units (PSUs).
• On May 20, 2025, Burns disposed of 10,482 shares of common stock at a weighted average price of $25.38 per share.
• These shares were sold to cover tax withholding obligations related to the PSU settlement.
• Following these transactions, Burns directly owns 22,563 shares of common stock, indirectly owns 6,130 shares through a 401(k) plan, and directly owns 2,000 shares of Depository Shares 8.375% Series B Cumulative Stock and 2,000 shares of 8.625% Series A Cumulative Perpetual Preferred Stock.
• Burns also directly owns 56,054 Performance Stock Units.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing detailing stock transactions, which carries a neutral sentiment. The transactions themselves (PSU vesting and tax-related sales) are routine.

Industry Context

Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and their potential impact on stock prices.

Comparison to Industry Standards

• Insider transactions are common across publicly traded companies, and the reporting requirements are standardized by the SEC.
• Comparing Burns' transactions to those of executives at similar royalty corporations would provide a benchmark for assessing the magnitude and frequency of his stock activity.
• Companies like DRI Healthcare Trust or Ligand Pharmaceuticals could be considered peers for comparison.

Stakeholder Impact

• The stock sale could have a minor impact on shareholders, potentially creating slight downward pressure on the stock price in the short term.
• The transactions do not appear to have a significant impact on employees, customers, suppliers, or creditors.

Key Dates

Keywords

Form 4, Beneficial Ownership, XOMA Royalty Corp, Thomas M. Burns, Stock Transactions, PSU, Common Stock