RANIERI RICHARD J 4

What Happened

• Richard J. Ranieri, a director of Xencor, reported the sale of 5,474 shares on June 15, 2026. The shares were sold at $12.31 each for total proceeds of $67,385. The transaction is reported as a sale (S), not a purchase.

Key Details

• Transaction date and price: 2026-06-15 at $12.31 per share.
• Total shares sold and value: 5,474 shares for $67,385.
• Shares owned after transaction: not specified in the provided filing details.
• Footnote: The sale was executed pursuant to a 10b5-1 trading plan adopted by Mr. Ranieri on June 26, 2025 (preplanned sales).
• Timeliness: Report filed on June 17, 2026 for the June 15 transaction — appears timely (Form 4 is generally due within two business days).

Context

• Sales under a 10b5-1 plan are prearranged trading programs that allow insiders to sell shares on a preset schedule; they are typically considered routine and do not necessarily reflect the insider’s current view of the company. As this is a sale (not a purchase), it is less indicative of bullish insider sentiment.