Hughes Owen 4

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.