Form 4: XOMA Royalty Corp: Director Matthew Perry Reports RSU Grant
Statement of Changes in Beneficial Ownership
XOMA Royalty Corporation director Matthew Perry has reported the acquisition of 3,586 restricted stock units (RSUs) as part of his compensation.
Summary
- Matthew Perry, a Director at XOMA Royalty Corporation, has reported the acquisition of 3,586 restricted stock units (RSUs).
- These RSUs were granted on May 21, 2026, with a transaction value of $0.
- Each RSU represents the right to receive one share of common stock.
- The RSUs will vest monthly over 12 months, contingent upon Perry's continued service to the company.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral filing, as it primarily details routine director compensation rather than significant financial performance or strategic shifts.
Positives
- Director compensation through RSUs indicates alignment of management interests with shareholder value.
- The vesting schedule over 12 months encourages continued commitment and service to the company.
Negatives
- The reported transaction value of $0 for the RSUs may be a technicality of the reporting form, but it's notable that no direct purchase price is listed for these units.
Risks
- The vesting of RSUs is subject to the reporting person's continued service, implying a risk of forfeiture if service is terminated before vesting.
- The value of the RSUs is tied to the future performance of XOMA Royalty Corporation's stock.
Future Outlook
The RSUs are subject to a 12-month monthly vesting schedule, indicating a phased recognition of compensation tied to continued employment.
Industry Context
StockSavvy.ai notes that the issuance of RSUs to directors is a common practice in the royalty and energy sectors to incentivize long-term performance and align executive compensation with shareholder interests.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Power of Attorney | Matthew Perry granted power of attorney to specific individuals to execute SEC filings on his behalf. | 01/27/2026 | Facilitates timely and accurate filing of required disclosures by authorized representatives. |
Related Party Transactions
- The acquisition of RSUs by Director Matthew Perry represents a transaction between the company and an insider.
Stakeholder Impact
- Shareholders: The RSU grant aligns director compensation with company performance, potentially benefiting shareholders if the stock price increases.
- Employees: The RSU grant is a standard compensation practice, not directly impacting other employees unless they are also recipients of similar grants.
- Management: Reinforces the compensation structure for directors.
Next Steps
- Monthly vesting of RSUs over the next 12 months, contingent on continued service.
- Continued reporting of any further changes in beneficial ownership as required by Section 16(a).
Key Dates
| Date | Description |
|---|---|
| 01/27/2026 | Date of Power of Attorney for Matthew Perry. |
| 05/21/2026 | Date of earliest transaction and grant of RSUs. |
| 05/26/2026 | Date of signature on the Form 4 filing. |
Keywords
XOMA Royalty Corporation, Form 4, SEC Filing, Matthew Perry, Director, Restricted Stock Units, RSU, Compensation, Beneficial Ownership, Securities Exchange Act
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