Hughes Owen 4

4 · XOMA Royalty Corp · Filed Mar 17, 2026

AI-generated summary of this filing

Updated Mar 17, 2026

XOMA Royalty (XOMA) CEO Hughes Owen Receives Award

What Happened

Hughes Owen, CEO of XOMA Royalty Corp (ticker: XOMA), received equity awards on 2026-03-16 consisting of 82,428 restricted stock units (RSUs) and 126,813 performance stock units (PSUs). Both awards were reported at $0.00 per share (total reported value $0), reflecting grant pricing rather than cash value. This is an award/grant transaction (code A), not a purchase or sale.

Key Details

Transaction date: 2026-03-16; Form 4 filed: 2026-03-17 (timely).
Awards: 82,428 RSUs (non‑derivative) and 126,813 PSUs (derivative/performance-based).
Reported price: $0.00 per share; reported cash value: $0.
Shares owned after transaction: not specified in the provided filing.
Footnotes:
- F1: RSUs vest 25% on each of the first four anniversaries of March 11, 2026, subject to continued service.
- F2: Each PSU is a contingent right to one share that vests only if the stock reaches specified price targets and subject to continued service.
Filing timeliness: filed the next day (no late filing indicated).

Context

RSUs are time‑based awards that convert to shares as they vest; PSUs are performance‑contingent and will only convert to shares if the issuer meets specified stock price targets. Awards recorded at $0 in SEC filings reflect grant accounting and do not mean immediate cash value to the insider. These grants do not indicate a buy/sell market signal by themselves; they reflect compensation structure and incentives.

Form 4

Period: 2026-03-16

DirectorChief Executive Officer

Transactions

Award
Common Stock
[F1]
2026-03-16+82,428→ 180,696 total
Award
Performance Stock Units
[F2]
2026-03-16+126,813→ 126,813 total
→ Common Stock (126,813 underlying)

Holdings

Footnotes (2)

[F1]Represents a grant of restricted stock units payable solely in common stock that will vest as to 25% on each of the first four anniversaries of March 11, 2026, subject to the Reporting Person's continued service to the Issuer through each vesting date.
[F2]Each performance stock unit ("PSU") represents a contingent right to receive one share of common stock. The PSUs vest upon the common stock achieving a specified price per share, subject to the Reporting Person's continued service to the Issuer through each vesting date.

Signature

/s/ Maricel Montano, Attorney-in-Fact for Owen Hughes|2026-03-17

1 file