{"schema_version":"secwatch.filing_event.v1","accession":"0001326732-26-000030","form_type":"8-K","ticker":"XNCR","cik":"0001326732","company_name":"Xencor Inc","filed_at":"2026-04-27T23:59:59+00:00","discovered_at":"2026-05-14T18:02:32.136632+00:00","generated_at":"2026-05-15T03:44:55.982243+00:00","sec_items":["5.02","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"confidence":"high","headline":"Xencor adopts Executive Severance Policy for VPs and above; severance up to 15 months base salary plus COBRA","bullets":["Policy covers VPs (9 months), SVP (12 months), EVP (15 months) and C-level officers, excluding CEO.","Severance: lump sum base salary plus COBRA premiums for up to 15 months, contingent on release.","Change-in-control triggers additional bonus (target bonus for same months), prorated annual bonus, and full equity vesting acceleration.","Policy effective April 23, 2026; requires six months continuous employment and involuntary termination without Cause or Good Reason resignation."],"urls":{"canonical":"https://secwatch.observer/filing/0001326732-26-000030","json":"https://secwatch.observer/filing/0001326732-26-000030.json","markdown":"https://secwatch.observer/filing/0001326732-26-000030.md","text":"https://secwatch.observer/filing/0001326732-26-000030.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1326732/000132673226000030/0001326732-26-000030-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1326732/000132673226000030/xncr-20260423.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T03:44:55.982243+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}