{"schema_version":"secwatch.filing_event.v1","accession":"0001326732-25-000035","form_type":"8-K","ticker":"XNCR","cik":"0001326732","company_name":"Xencor Inc","filed_at":"2025-03-13T23:59:59+00:00","discovered_at":"2026-05-14T18:03:03.312133+00:00","generated_at":"2026-05-24T20:32:33.820380+00:00","sec_items":["5.02","9.01"],"event_type":"leadership","sentiment":"positive","materiality_score":0.3,"calibrated_materiality_score":0.3,"confidence":"high","headline":"Xencor appoints former Seagen CFO Todd Simpson to board of directors","bullets":["Todd Simpson appointed to Xencor board on March 13, 2025, and named to Audit Committee.","Simpson received an initial stock option with Black-Scholes value of $550,000, vesting over 3 years.","He will receive $50,000 annual cash retainer as director and $10,000 for Audit Committee service.","Simpson served as CFO of Seagen for 18 years, leading finance, strategy, and international expansion.","Board appointment expands Xencor's financial and corporate strategy expertise with a seasoned biopharma CFO."],"urls":{"canonical":"https://secwatch.observer/filing/0001326732-25-000035","json":"https://secwatch.observer/filing/0001326732-25-000035.json","markdown":"https://secwatch.observer/filing/0001326732-25-000035.md","text":"https://secwatch.observer/filing/0001326732-25-000035.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1326732/000132673225000035/0001326732-25-000035-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1326732/000132673225000035/xncr-20250313.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-24T20:32:33.820380+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":"fb28b351fd","claim":"Todd Simpson was appointed as Director at Xencor Inc.","evidence_excerpt":"Todd Simpson was appointed to serve as a new member of the Board of Directors (the “Board”) of Xencor, Inc. (the “Company”).","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1326732/000132673225000035/0001326732-25-000035-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}