{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-24-006629","form_type":"8-K","ticker":"XOMA","cik":"0000791908","company_name":"XOMA Royalty Corp","filed_at":"2024-01-11T23:59:59+00:00","discovered_at":"2026-05-14T18:03:26.930546+00:00","generated_at":"2026-06-07T00:44:47.057200+00:00","sec_items":["5.02","7.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"XOMA appoints Owen Hughes as permanent CEO, boosts salary to $575K; chairman changes","bullets":["Owen Hughes, previously interim CEO, appointed CEO and director effective Jan 7, 2024; base salary raised to $575,000.","Target annual cash bonus set at 60% of base salary; 275,000 performance share units granted vesting on stock price milestones.","Jack Wyszomierski, former Lead Independent Director, appointed Chairman of the Board; Hughes steps down as Executive Chairman.","Amended employment agreement includes severance: 1x salary (non-CIC) or 2x salary plus bonus acceleration (CIC-related)."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-24-006629","json":"https://secwatch.observer/filing/0001193125-24-006629.json","markdown":"https://secwatch.observer/filing/0001193125-24-006629.md","text":"https://secwatch.observer/filing/0001193125-24-006629.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/791908/000119312524006629/0001193125-24-006629-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/791908/000119312524006629/d697979d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-07T00:44:47.057200+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"1de2ac038f","claim":"Owen Hughes was appointed as Chief Executive Officer at XOMA Royalty Corp.","evidence_excerpt":"On January 7, 2024, the board of directors (the “Board”) of XOMA Corporation, a Delaware corporation (the “Company”), appointed Owen Hughes, previously Interim Chief Executive Officer, to serve as the Company’s Chief Executive Officer and to continue serving as principal executive officer and a director, effective immediately.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/791908/000119312524006629/0001193125-24-006629-index.htm","confidence":1.0,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Chief Executive Officer"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}