BVF PARTNERS L P/IL sold 23.7% of their position (392.72K shares) of XOMA ROYALTY CORP on the open market

Open‑market sale worth $10.64M — a significant reduction. Review remaining holdings and any 10b5‑1 plan disclosures.

S · 2 sales

BVF PARTNERS L P/IL

Filed: 5/20/2025ACC: 0000921895-25-001602

InsiderBVF PARTNERS L P/ILCIK 1055947

→

IssuerXOMA ROYALTY CORPCIK 791908

10% Owner

Since Nov 2018

-392.72K

Net shares

Net seller

$10.64M

Total sold

Open market trades

0B · 2S

Total transactions

392.72K disposed

Non-Derivative Transactions2

Common Stock, $0.0075 par value per share

Direct

S · Sale

−127.41K

Price / share

$27.10

Trade value

$3.45M

% of position

8.8%

5/16/2025

1.45M→1.32M

Common Stock, $0.0075 par value per share

Direct

S · Sale

−265.32K

Price / share

$27.10

Trade value

$7.19M

% of position

17.3%

5/16/2025

1.53M→1.27M

Total

Net shares

−392.72K

Net value

-$10.64M

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Stock, $0.0075 par value per share Direct	5/16/2025	S · Sale	−127.41K	$27.10	$3.45M	8.8%	1.45M	1.32M
Common Stock, $0.0075 par value per share Direct	5/16/2025	S · Sale	−265.32K	$27.10	$7.19M	17.3%	1.53M	1.27M
Total			−392.72K		-$10.64M

Derivative Transactions0

No derivative transactions reported

Non-Derivative Holdings (Post-Transaction)0

No non-derivative holdings reported

Derivative Holdings (Post-Transaction)4

Series X Convertible Preferred Stock

Direct

Underlying security

Common Stock, $0.0075 par value per share

Underlying shares

2.31M

Shares owned

2.31K

Exercise price

Expiration

—

Exercise window

—

Series X Convertible Preferred Stock

Indirect

Underlying security

Common Stock, $0.0075 par value per share

Underlying shares

772K

Shares owned

772.00

Exercise price

Expiration

—

Exercise window

—

Series X Convertible Preferred Stock

Direct

Underlying security

Common Stock, $0.0075 par value per share

Underlying shares

1.51M

Shares owned

1.51K

Exercise price

Expiration

—

Exercise window

—

Series X Convertible Preferred Stock

Direct

Underlying security

Common Stock, $0.0075 par value per share

Underlying shares

412K

Shares owned

412.00

Exercise price

Expiration

—

Exercise window

—

Total

Underlying

Owned

Security	Underlying	Exercise Window	Expiration	Underlying Shares	Shares Owned
Series X Convertible Preferred Stock Direct	Common Stock, $0.0075 par value per share	—	—	2.31M	2.31K
Series X Convertible Preferred Stock Indirect	Common Stock, $0.0075 par value per share	—	—	772K	772.00
Series X Convertible Preferred Stock Direct	Common Stock, $0.0075 par value per share	—	—	1.51M	1.51K
Series X Convertible Preferred Stock Direct	Common Stock, $0.0075 par value per share	—	—	412K	412.00
Total				5M	5K