Trigilio Jeffrey 4

What Happened
Jeffrey Trigilio, Chief Financial Officer of XOMA Royalty Corp (XOMA), received equity awards reported on a Form 4 for transactions dated 2026-03-11. The filing shows a grant of 90,000 restricted stock units (RSUs) and 138,462 performance stock units (PSUs), each recorded at $0.00 (no immediate cash paid). The RSUs and PSUs are compensation awards, not open-market purchases or sales.

Key Details

• Transaction dates: 2026-03-11 (reported on Form 4 filed 2026-03-13).
• Price: $0.00 per share for both awards (no immediate cash value).
• Grant totals: 90,000 RSUs (award) and 138,462 PSUs (derivative award).
• Vesting/conditions:
  • RSUs: vest 25% on each of the first four anniversaries of January 12, 2026, subject to continued service (Footnote F1).
  • PSUs: each PSU equals a contingent right to one share; vesting depends on the common stock reaching specified price targets and continued service (Footnote F2).
• Shares owned after transaction: not specified in the provided excerpt.
• Filing timeliness: Form 4 filed two days after the transaction date (filed 2026-03-13 for 2026-03-11 transactions).

Context
RSUs and PSUs are typical compensation tools: RSUs convert to common stock as they vest, while PSUs only convert if performance/price targets are met. These awards do not represent an immediate purchase or sale and therefore do not by themselves signal a near-term trading stance.