Xencor (XNCR) CSO disposes 6,620 shares to cover RSU tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Xencor Inc senior executive reports tax-related share sales. SR. Vice President & CSO John R. Desjarlais sold a total of 6,620 shares of Xencor common stock in open-market transactions on March 5 and March 6. The sales were made solely to cover withholding taxes upon vesting of restricted stock units. Following these transactions, he directly holds 263,831 Xencor shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 6,620 shares ($73,880)
Net Sell
2 txns
Insider
Desjarlais John R
Role
SR. VICE PRESIDENT & CSO
Sold
6,620 shs ($74K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 2,502 | $11.0197 | $28K |
| Sale | Common Stock | 4,118 | $11.2455 | $46K |
Holdings After Transaction:
Common Stock — 263,831 shares (Direct)
Footnotes (1)
- Represents the disposition of shares that were sold to pay withholding taxes upon vesting of 9,950 restricted stock units. Represents the disposition of shares that were sold to pay withholding taxes upon vesting of 6,908 restricted stock units.
FAQ
What insider transactions did Xencor (XNCR) report for John R. Desjarlais?
Xencor reported that SR. Vice President & CSO John R. Desjarlais sold 6,620 shares of common stock over two days. These transactions were open-market sales executed to cover tax withholding obligations tied to recently vested restricted stock units.
What role does John R. Desjarlais hold at Xencor (XNCR) in this Form 4 filing?
John R. Desjarlais is identified as SR. Vice President & Chief Scientific Officer of Xencor. His position as a senior officer makes his equity transactions reportable on Form 4, providing transparency into changes in his direct ownership of Xencor common stock.