Alexander KarpAlexander Karp earned $1B in 2024

In 2023, John Kuch earned $1.06M in total compensation at Xencor, including $468.00K salary, $179.00K bonus and $400.00K in stock. Most recently sold 849 shares in Mar 2024. Currently holds stock worth $2.15M. Has donated $320.05K in stock to charitable causes. Led Xencor as CEO for 8 years.

Compensation History

Annual executive compensation data for John Kuch, including salary, bonuses, and stock awards.

Year

2023

Total Compensation

$1.06M

Salary

$468.00K

Bonus

$179.00K

Other

$9.25K

Salary

$468.00K

Board Justification

The compensation philosophy emphasizes performance-based pay, aligning executive compensation with company performance and shareholder interests.

Bonus

$179.00K

Board Justification

The annual performance-based bonus was calculated based on the target bonus percentage of 45% of base salary and the achievement of corporate goals at 85% for the year 2023.

Other Compensation

$9.25K

Board Justification

This includes term life and disability insurance premiums paid by the company on behalf of the CEO, as well as matching contributions made under the 401(k) plan.

Restricted Stock

$400.00K12.01K RSU

Board Justification

The RSUs granted in 2023 vested in equal installments over three years, with the first third vesting on the first anniversary of the grant date.

Performance Metrics

The performance metrics for the CEO's compensation are based on the achievement of corporate goals set by the Board, with a specific focus on financial and operational performance.

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John Kuch

Ex-CEO of Xencor

Education

MBA from a recognized business school

Field of Expertise

Finance & Banking - Finance

Sector of Economy

Healthcare

Born

May 1, 1958 - 67 years ago

CEO of Xencor for

8 years 2 months (Jan 2016 - Apr 2024)

Previous Experience

CFO at various biotech companies

Holdings

Track John Kuch's stock holdings and portfolio value over time.

Total Stock Sold

$4.90M

XNCR

$4.90M

145,795 XNCR shares

What if they kept their stock?

If John Kuch didn't sell their stock, today they would have:
Extra XNCR145,795 shares worth $2.52M.
This is -48.53% and $2.38M less than what they got when they sold the stock.

Charitable Transactions

XNCR

18,500 shares

XNCR

Recent Charitable Transactions

XNCR

7,000 shares

XNCR

Dec 31, 2022

Charity

XNCR

6,500 shares

XNCR

Dec 31, 2021

Charity

XNCR

2,500 shares

XNCR

Dec 11, 2020

Charity

XNCR

2,000 shares

XNCR

Jun 12, 2020

Charity

XNCR

500 shares

XNCR

Dec 12, 2019

Charity

Insider Trading

John Kuch's recent stock transactions, purchases, and sales filed with the SEC.

XNCR

$19.95K

XNCR at $23.50/share

Mar 11, 2024

Sale

XNCR

$104.82K

XNCR at $23.43/share

Mar 5, 2024

Sale

XNCR

$21.24K

XNCR at $29.88/share

Mar 9, 2023

Sale

XNCR

$87.15K

XNCR at $31.42/share

Mar 6, 2023

Sale

XNCR

$28.98K

XNCR at $31.54/share

Mar 2, 2023

Sale

XNCR

12,005 shares

XNCR

Mar 2, 2023

Received

XNCR

7,000 shares

XNCR

Dec 31, 2022

Charity

XNCR

7,000 shares

XNCR

Dec 31, 2022

Charity

XNCR

$19.96K

XNCR at $28.93/share

Mar 9, 2022

Sale

XNCR

$28.99K

XNCR at $29.86/share

Mar 3, 2022

Sale

Rivals

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