Insider Trading
Filed: 2026-04-13
Key Insights
- Bart Jan Cornelissen, the Sr. Vice President & CFO of Xencor Inc, sold 3,499 shares of the company's common stock on April 10, 2026 at an average price of $12.2865 per share.
- The sale was made to pay withholding taxes upon the vesting of 14,088 restricted stock units, reducing Cornelissen's direct beneficial ownership to 75,898 shares.
- Insider selling transactions can sometimes signal a lack of confidence in the company's future performance, though the timing and amount should be considered in the broader context.