Feigal Ellen 4

What Happened
Ellen Feigal, a director of Xencor, received stock compensation on June 16, 2026 consisting of 10,302 restricted stock units (RSUs) and a derivative award of 20,604 shares (option-type award). Both grants show a reported acquisition price of $0.00 and therefore have $0 reported cash purchase value in the Form 4.

Key Details

• Transaction date: June 16, 2026; Form 4 filed July 8, 2026 (filing ~22 days after the transaction — appears late relative to the usual 2-business-day rule).
• Grants: 10,302 RSUs (listed as acquired at $0.00) and 20,604 derivative shares (listed as acquired at $0.00).
• Shares owned after transaction: not specified in the filing.
• Footnotes:
  • F1: The 10,302 RSUs will fully vest on the first anniversary of the grant (June 16, 2027).
  • F2: The 20,604 derivative shares are subject to an option that vests in equal monthly installments over one year, beginning one month after June 16, 2026, and fully vesting June 16, 2027.
• Transaction type code: A = Award/Grant. No sale or cash exercise occurred.

Context
These grants are compensation awards (common for non-employee directors) rather than open-market purchases or sales, so they do not alone indicate an immediate trading signal. The derivative award appears structured as an option-style grant with monthly vesting; neither award was exercised or sold at the time of the filing.