No trading signal from this routine governance filing. Monitor for any future executive departures or change-in-control events that could trigger severance payments.
Price Chart
Executive Summary
Xencor adopted an Executive Severance Policy covering VPs and above (excluding CEO), providing lump-sum base salary (15 months for EVPs/NEOs), COBRA premiums, and double-trigger change-in-control benefits. This is a routine compensatory arrangement with no immediate financial impact or executive changes.
Key Facts
- Severance policy adopted on April 23, 2026, covering Vice Presidents and above (excluding CEO)
- Standard termination provides lump sum of 15 months base salary for EVPs/NEOs plus COBRA premiums
- Change-in-control termination adds 15 months target bonus, prorated annual bonus, and full equity acceleration
- No executive departures, appointments, or financial data disclosed
Financial Impact
No immediate financial impact; potential future severance obligations not quantified
Risk Factors
- Potential future severance costs if executives are terminated without cause or resign for good reason
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 5 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001326732-26-000030 |
| Document: xncr-20260423.htm | 0001326732-26-000030 |
| Document: 0001326732-26-000030-index-headers.html | 0001326732-26-000030 |
| Document: 0001326732-26-000030-index.html | 0001326732-26-000030 |
| Document: 0001326732-26-000030.txt | 0001326732-26-000030 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Aug 5, 2026 8w ago | 8-K | $20.00 $26.62 | ▲ +33.10% | ▲ +32.50% | $24.84 (+24.20%) |
Jun 17, 2026 15w ago | Insider Cluster | $12.64 $14.95 | ▲ +18.28% | ▲ +17.74% | $24.84 (+96.52%) |
Jun 15, 2026 15w ago | 144 | $12.21 $14.96 | ▲ +22.52% | ▲ +23.27% | $24.84 (+103.44%) |
Jun 15, 2026 15w ago | 144 | $12.21 $14.96 | ▲ +22.52% | ▲ +23.27% | $24.84 (+103.44%) |
May 6, 2026 21w ago | 8-K | $12.31 $11.42 | ▲ +7.23% | ▲ +10.37% | $24.84 (−101.79%) |
May 5, 2026 21w ago | 8-K | $12.85 $11.21 | ▼ −12.76% | ▼ −17.72% | $24.84 (+93.31%) |
Apr 27, 2026 22w ago | 8-K | $12.15 $11.63 | ▼ −4.28% | ▼ −9.75% | $24.84 (+104.44%) |
Mar 5, 2026 30w ago | Insider Cluster | $11.16 $12.81 | ▲ +14.78% | ▲ +18.57% | $24.84 (+122.58%) |
Mar 4, 2026 30w ago | 8-K | $11.16 $12.81 | ▼ −14.78% | ▼ −18.57% | $24.84 (−122.58%) |
Feb 25, 2026 31w ago | 8-K | $11.98 $12.40 | ▲ +3.51% | ▲ +8.74% | $24.84 (+107.35%) |
US Market Status
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