Form 4: XOMA Royalty Corp: Officer Sitko Reports Transactions in Company Stock
SEC Form 4 Filing
Bradley Sitko, Chief Investment Officer of XOMA Royalty Corp, reports transactions involving the company's preferred and common stock.
Summary
- Bradley Sitko, Chief Investment Officer of XOMA Royalty Corp, filed a Form 4 detailing changes in beneficial ownership.
- On January 8, 2025, Sitko acquired 313 shares of 8.625% Series A Cumulative Perpetual Preferred Stock at $25.6 per share.
- On the same day, Sitko disposed of 313 shares of 8.625% Series A Cumulative Perpetual Preferred Stock.
- Sitko also indirectly acquired 82 shares of the same preferred stock through a spouse at $25.6 per share.
- Additionally, Sitko indirectly acquired 75 shares of common stock through a child at $25.9 per share and another 75 shares of common stock through a child at $25.6 per share.
- Sitko disposed of 9,150 shares of common stock.
- Sitko indirectly owns 394 shares of common stock through a 401(k).
- Sitko's spouse indirectly owns 1,500 shares of common stock and 2,000 Depositary Shares 8.375% B Cumulative Stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing stock transactions by an officer, with no inherent positive or negative sentiment.
Industry Context
Form 4 filings are a standard part of regulatory compliance for corporate insiders, providing transparency into their trading activities.
Stakeholder Impact
- The transactions may be of interest to shareholders as they provide insight into the actions of a key company officer.
Key Dates
| Date | Description |
|---|---|
| 01/08/2025 | Date of earliest transaction involving XOMA Royalty Corp stock. |
| 01/10/2025 | Date of signature for the Form 4 filing. |
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