Kosacz Barbara 4
Research Summary
AI-generated summary
XOMA Royalty Director Barbara Kosacz Receives RSU Award
What Happened
- Barbara Kosacz, a director of XOMA Royalty Corp (XOMA), was granted 3,586 restricted stock units (RSUs) on May 21, 2026. The grant is reported as an award (transaction code A) at $0.00 per unit, so there was no cash exchanged at grant.
- These RSUs represent the right to receive one share of common stock per RSU at settlement; the filing does not show immediate share ownership or any sale/purchase in the open market.
Key Details
- Transaction date: 2026-05-21; Filing date (Form 4): 2026-05-26 (appears to be filed late).
- Grant: 3,586 RSUs at $0.00; reported acquisition value $0 at grant.
- Shares owned after transaction: Not specified in the filing.
- Footnote (F1): RSUs vest in equal monthly installments over 12 months from the grant date, subject to continued service.
- Remarks: Exhibit 24 (Power of Attorney) included with the filing.
Context
- RSUs are compensation awards that convert to actual shares only upon vesting; this grant is compensation for service rather than a market purchase or sale and does not by itself signal immediate buying or selling.
- Because the award vests over the next 12 months, any future share deliveries (and potential sales) would depend on vesting and any subsequent transactions, which would be reported separately.
Loading document...