{"filing":{"accession_number":"0001326732-26-000049","cik":"0001326732","ticker":"XNCR","company_name":"Xencor Inc","form":"8-K","filing_date":"2026-07-29","report_date":"2026-07-29","primary_document":"xncr-20260729.htm","primary_document_url":"https://www.sec.gov/Archives/edgar/data/1326732/000132673226000049/xncr-20260729.htm"},"events":[{"id":21589,"run_id":19476,"accession_number":"0001326732-26-000049","anchor_item_number":"1.01","event_type":"financial_other","event_domain":"financial","is_material":true,"confidence":0.75,"summary":"Xencor entered into a settlement agreement with Alexion resolving a commercial dispute over U.S. royalties on Ultomiris, receiving $105 million in two payments while relinquishing future U.S. royalty rights. The settlement materially affects the company's cash position and future revenue expectations, with updated cash runway guidance through 2028.","company_name":"Xencor Inc","ticker":"XNCR","filing_date":"2026-07-29","form":"8-K","submitted_at":null,"items":[{"id":21263,"accession_number":"0001326732-26-000049","item_number":"1.01","item_title":"Entry into a Material Definitive Agreement.","event_type":"financial_other","event_domain":"financial","is_material":true,"confidence":0.75,"reasoning":"Xencor entered into a settlement agreement with Alexion resolving a commercial dispute over U.S. royalties on Ultomiris, receiving $105 million in two payments while relinquishing future U.S. royalty rights. This is a material financial event involving a significant one-time cash settlement and termination of an ongoing revenue stream, but it does not fit the specific categories of debt issuance, dividend distribution, or material impairment. The settlement is disclosed under Item 1.01 (Entry into a Material Definitive Agreement) and represents a material financial transaction that would affect investor assessment of the company's cash position and future revenue expectations.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-07-29T20:08:21.043182+00:00","company_name":"","ticker":null,"filing_date":""},{"id":21264,"accession_number":"0001326732-26-000049","item_number":"2.02","item_title":"Results of Operations and Financial Condition.","event_type":"financial_other","event_domain":"financial","is_material":true,"confidence":0.75,"reasoning":"The disclosure centers on a $105 million settlement with Alexion resolving a royalty dispute on Ultomiris U.S. sales, combined with updated cash runway guidance through 2028. While the settlement is a material financial event affecting the company's liquidity and future cash position, it does not fit neatly into the specific financial event categories (debt_issuance, dividend_distribution, material_impairment, or restatement). The Item 2.02 classification and the emphasis on cash resources and operating runway support a financial_other categorization rather than a litigation settlement, as the primary disclosure is the financial resolution and its impact on the company's capital position.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-07-29T20:08:21.043182+00:00","company_name":"","ticker":null,"filing_date":""},{"id":21265,"accession_number":"0001326732-26-000049","item_number":"7.01","item_title":"Regulation FD Disclosure.","event_type":"financial_other","event_domain":"financial","is_material":true,"confidence":0.75,"reasoning":"Xencor announced a settlement agreement with Alexion resolving a commercial dispute over U.S. royalties on Ultomiris, receiving $105 million in two payments and eliminating future U.S. royalty obligations. This is a material financial event—a one-time cash settlement and resolution of a previously disclosed dispute—but does not fit the specific categories of debt issuance, dividend distribution, or material litigation (which typically involves lawsuits or regulatory investigations). The settlement is financial in nature and material to investors, warranting classification as financial_other.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-07-29T20:08:21.043182+00:00","company_name":"","ticker":null,"filing_date":""}]}],"classifications":[{"id":21263,"accession_number":"0001326732-26-000049","item_number":"1.01","item_title":"Entry into a Material Definitive Agreement.","event_type":"financial_other","event_domain":"financial","is_material":true,"confidence":0.75,"reasoning":"Xencor entered into a settlement agreement with Alexion resolving a commercial dispute over U.S. royalties on Ultomiris, receiving $105 million in two payments while relinquishing future U.S. royalty rights. This is a material financial event involving a significant one-time cash settlement and termination of an ongoing revenue stream, but it does not fit the specific categories of debt issuance, dividend distribution, or material impairment. The settlement is disclosed under Item 1.01 (Entry into a Material Definitive Agreement) and represents a material financial transaction that would affect investor assessment of the company's cash position and future revenue expectations.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-07-29T20:08:21.043182+00:00","company_name":"Xencor Inc","ticker":"XNCR","filing_date":"2026-07-29"},{"id":21264,"accession_number":"0001326732-26-000049","item_number":"2.02","item_title":"Results of Operations and Financial Condition.","event_type":"financial_other","event_domain":"financial","is_material":true,"confidence":0.75,"reasoning":"The disclosure centers on a $105 million settlement with Alexion resolving a royalty dispute on Ultomiris U.S. sales, combined with updated cash runway guidance through 2028. While the settlement is a material financial event affecting the company's liquidity and future cash position, it does not fit neatly into the specific financial event categories (debt_issuance, dividend_distribution, material_impairment, or restatement). The Item 2.02 classification and the emphasis on cash resources and operating runway support a financial_other categorization rather than a litigation settlement, as the primary disclosure is the financial resolution and its impact on the company's capital position.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-07-29T20:08:21.043182+00:00","company_name":"Xencor Inc","ticker":"XNCR","filing_date":"2026-07-29"},{"id":21265,"accession_number":"0001326732-26-000049","item_number":"7.01","item_title":"Regulation FD Disclosure.","event_type":"financial_other","event_domain":"financial","is_material":true,"confidence":0.75,"reasoning":"Xencor announced a settlement agreement with Alexion resolving a commercial dispute over U.S. royalties on Ultomiris, receiving $105 million in two payments and eliminating future U.S. royalty obligations. This is a material financial event—a one-time cash settlement and resolution of a previously disclosed dispute—but does not fit the specific categories of debt issuance, dividend distribution, or material litigation (which typically involves lawsuits or regulatory investigations). The settlement is financial in nature and material to investors, warranting classification as financial_other.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-07-29T20:08:21.043182+00:00","company_name":"Xencor Inc","ticker":"XNCR","filing_date":"2026-07-29"}]}