AG˹ٷ

STOCK TITAN

[Form 3] Xenon Pharmaceuticals Inc Initial Statement of Beneficial Ownership

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
3
Rhea-AI Filing Summary

Form 3 overview: On 25 June 2025, Xenon Pharmaceuticals Inc. (XENE) filed an Initial Statement of Beneficial Ownership (Form 3) on behalf of newly disclosed officer Darren S. Cline, Chief Commercial Officer. The filing reports the event date as 23 June 2025 and confirms Mr. Cline’s Section 16 insider status.

Key disclosure: Both Table I (non-derivative holdings) and Table II (derivative holdings) state "No securities are beneficially owned,� meaning Mr. Cline presently holds zero shares or options of Xenon. No amendments, joint filings, or indirect ownership structures are noted. The document is therefore a procedural compliance filing rather than a transaction or compensation event and contains no financial metrics, option grants, or purchase details.

For investors, the absence of insider ownership could be interpreted as a lack of immediate equity alignment, but the filing primarily signals timely regulatory compliance following Mr. Cline’s appointment.

Panoramica del Modulo 3: Il 25 giugno 2025, Xenon Pharmaceuticals Inc. (XENE) ha presentato una Dichiarazione Iniziale di Proprietà Beneficiaria (Modulo 3) per conto del nuovo dirigente dichiarato Darren S. Cline, Chief Commercial Officer. La comunicazione riporta come data dell'evento il 23 giugno 2025 e conferma lo status di insider ai sensi della Sezione 16 per il Sig. Cline.

Informazioni chiave: Sia la Tabella I (posizioni non derivate) che la Tabella II (posizioni derivate) indicano "Non sono detenuti titoli in modo beneficiario", il che significa che il Sig. Cline attualmente non possiede azioni o opzioni di Xenon. Non sono segnalate modifiche, dichiarazioni congiunte o strutture di proprietà indiretta. Il documento rappresenta quindi un adempimento procedurale di conformità più che un evento di transazione o compenso e non contiene metriche finanziarie, concessioni di opzioni o dettagli di acquisto.

Per gli investitori, l’assenza di proprietà da parte dell’insider potrebbe essere interpretata come una mancanza di immediata allineamento azionario, ma la comunicazione indica principalmente un tempestivo rispetto delle normative a seguito della nomina del Sig. Cline.

Resumen del Formulario 3: El 25 de junio de 2025, Xenon Pharmaceuticals Inc. (XENE) presentó una Declaración Inicial de Propiedad Beneficiaria (Formulario 3) en nombre del nuevo ejecutivo declarado Darren S. Cline, Chief Commercial Officer. La presentación reporta la fecha del evento como el 23 de junio de 2025 y confirma el estatus de insider bajo la Sección 16 para el Sr. Cline.

Divulgación clave: Tanto la Tabla I (tenencias no derivadas) como la Tabla II (tenencias derivadas) indican "No se poseen valores de forma beneficiaria", lo que significa que el Sr. Cline actualmente no posee acciones ni opciones de Xenon. No se registran enmiendas, presentaciones conjuntas ni estructuras de propiedad indirecta. Por lo tanto, el documento es un cumplimiento procedimental más que un evento de transacción o compensación y no contiene métricas financieras, concesiones de opciones o detalles de compra.

Para los inversores, la ausencia de propiedad por parte del insider podría interpretarse como una falta de alineación inmediata en capital, pero la presentación principalmente señala un cumplimiento regulatorio oportuno tras el nombramiento del Sr. Cline.

양식 3 개요: 2025� 6� 25�, Xenon Pharmaceuticals Inc. (XENE)� 새로 공개� 임원 Darren S. Cline, 최고 상업 책임�� 대신하� 초기 소유� 신고�(양식 3)� 제출했습니다. 제출서에� 사건 날짜� 2025� 6� 23일로 명시하며 Cline 씨의 섹션 16 내부� 지위를 확인합니�.

주요 공개 내용: � I(비파� 보유)와 � II(파생 보유) 모두 "보유 중인 증권� 없습니다"라고 명시되어 있어 Cline 씨는 현재 Xenon� 주식이나 옵션� 전혀 보유하고 있지 않음� 의미합니�. 수정, 공동 제출 또는 간접 소유 구조� 언급되지 않았습니�. 따라� � 문서� 거래� 보상 이벤트가 아닌 절차� 규정 준� 제출이며, 재무 지�, 옵션 부� 또는 구매 내역� 포함되어 있지 않습니다.

투자자에� 내부� 보유 부재는 즉각적인 주식 이해관� 부재로 해석� � 있으�, � 제출은 주로 Cline � 임명 이후 신속� 규제 준수를 알리� 신호입니�.

Présentation du formulaire 3 : Le 25 juin 2025, Xenon Pharmaceuticals Inc. (XENE) a déposé une déclaration initiale de propriété bénéficiaire (formulaire 3) au nom du nouvel dirigeant déclaré Darren S. Cline, Chief Commercial Officer. Le dépôt indique la date de l'événement au 23 juin 2025 et confirme le statut d'initié au titre de la Section 16 pour M. Cline.

Divulgation clé : Les tableaux I (positions non dérivées) et II (positions dérivées) indiquent tous deux « Aucun titre n'est détenu à titre bénéficiaire », ce qui signifie que M. Cline ne détient actuellement aucune action ni option de Xenon. Aucune modification, dépôt conjoint ou structure de propriété indirecte n’est mentionnée. Le document constitue donc un dépôt de conformité procédural plutôt qu’un événement de transaction ou de rémunération et ne contient aucune donnée financière, attribution d’options ou détail d’achat.

Pour les investisseurs, l’absence de détention par un initié pourrait être perçue comme un manque d’alignement immédiat sur le capital, mais ce dépôt signale principalement un respect réglementaire en temps voulu suite à la nomination de M. Cline.

Überblick über Formular 3: Am 25. Juni 2025 reichte Xenon Pharmaceuticals Inc. (XENE) eine Erstmeldung zum wirtschaftlichen Eigentum (Formular 3) für den neu gemeldeten Geschäftsführer Darren S. Cline, Chief Commercial Officer ein. Die Meldung gibt das Ereignisdatum mit dem 23. Juni 2025 an und bestätigt Herrn Clines Insider-Status gemäß Abschnitt 16.

Wichtige Offenlegung: Sowohl Tabelle I (nicht-derivative Beteiligungen) als auch Tabelle II (derivative Beteiligungen) vermerken �Es werden keine Wertpapiere wirtschaftlich gehalten�, was bedeutet, dass Herr Cline derzeit keine Aktien oder Optionen von Xenon besitzt. Es sind keine Änderungen, gemeinsame Meldungen oder indirekte Eigentumsstrukturen vermerkt. Das Dokument ist daher eine rein formale Compliance-Meldung und kein Transaktions- oder Vergütungsereignis und enthält keine finanziellen Kennzahlen, Optionszuteilungen oder Kaufdetails.

Für Investoren könnte das Fehlen von Insider-Beteiligungen als mangelnde unmittelbare Aktienbindung interpretiert werden, doch signalisiert die Meldung vor allem eine fristgerechte regulatorische Einhaltung nach Herrn Clines Ernennung.

Positive
  • Regulatory compliance: Xenon filed the Form 3 within the required timeframe, demonstrating adherence to Section 16 reporting rules.
Negative
  • No insider equity stake: The new Chief Commercial Officer currently holds zero shares or options, offering no immediate alignment with shareholder value.

Insights

TL;DR: Routine Form 3 shows new CCO owns no XENE shares; compliance positive, investment signal neutral-to-slightly negative.

The Form 3 establishes Darren Cline as a Section 16 insider and confirms he presently owns neither common stock nor derivatives in Xenon Pharmaceuticals. While the company meets its disclosure obligation promptly (filed two days after signature), zero ownership means investors cannot yet gauge management’s financial alignment with shareholder interests. In isolation, the filing is immaterial to valuation but could be perceived as a modest governance gap until equity is granted.

Panoramica del Modulo 3: Il 25 giugno 2025, Xenon Pharmaceuticals Inc. (XENE) ha presentato una Dichiarazione Iniziale di Proprietà Beneficiaria (Modulo 3) per conto del nuovo dirigente dichiarato Darren S. Cline, Chief Commercial Officer. La comunicazione riporta come data dell'evento il 23 giugno 2025 e conferma lo status di insider ai sensi della Sezione 16 per il Sig. Cline.

Informazioni chiave: Sia la Tabella I (posizioni non derivate) che la Tabella II (posizioni derivate) indicano "Non sono detenuti titoli in modo beneficiario", il che significa che il Sig. Cline attualmente non possiede azioni o opzioni di Xenon. Non sono segnalate modifiche, dichiarazioni congiunte o strutture di proprietà indiretta. Il documento rappresenta quindi un adempimento procedurale di conformità più che un evento di transazione o compenso e non contiene metriche finanziarie, concessioni di opzioni o dettagli di acquisto.

Per gli investitori, l’assenza di proprietà da parte dell’insider potrebbe essere interpretata come una mancanza di immediata allineamento azionario, ma la comunicazione indica principalmente un tempestivo rispetto delle normative a seguito della nomina del Sig. Cline.

Resumen del Formulario 3: El 25 de junio de 2025, Xenon Pharmaceuticals Inc. (XENE) presentó una Declaración Inicial de Propiedad Beneficiaria (Formulario 3) en nombre del nuevo ejecutivo declarado Darren S. Cline, Chief Commercial Officer. La presentación reporta la fecha del evento como el 23 de junio de 2025 y confirma el estatus de insider bajo la Sección 16 para el Sr. Cline.

Divulgación clave: Tanto la Tabla I (tenencias no derivadas) como la Tabla II (tenencias derivadas) indican "No se poseen valores de forma beneficiaria", lo que significa que el Sr. Cline actualmente no posee acciones ni opciones de Xenon. No se registran enmiendas, presentaciones conjuntas ni estructuras de propiedad indirecta. Por lo tanto, el documento es un cumplimiento procedimental más que un evento de transacción o compensación y no contiene métricas financieras, concesiones de opciones o detalles de compra.

Para los inversores, la ausencia de propiedad por parte del insider podría interpretarse como una falta de alineación inmediata en capital, pero la presentación principalmente señala un cumplimiento regulatorio oportuno tras el nombramiento del Sr. Cline.

양식 3 개요: 2025� 6� 25�, Xenon Pharmaceuticals Inc. (XENE)� 새로 공개� 임원 Darren S. Cline, 최고 상업 책임�� 대신하� 초기 소유� 신고�(양식 3)� 제출했습니다. 제출서에� 사건 날짜� 2025� 6� 23일로 명시하며 Cline 씨의 섹션 16 내부� 지위를 확인합니�.

주요 공개 내용: � I(비파� 보유)와 � II(파생 보유) 모두 "보유 중인 증권� 없습니다"라고 명시되어 있어 Cline 씨는 현재 Xenon� 주식이나 옵션� 전혀 보유하고 있지 않음� 의미합니�. 수정, 공동 제출 또는 간접 소유 구조� 언급되지 않았습니�. 따라� � 문서� 거래� 보상 이벤트가 아닌 절차� 규정 준� 제출이며, 재무 지�, 옵션 부� 또는 구매 내역� 포함되어 있지 않습니다.

투자자에� 내부� 보유 부재는 즉각적인 주식 이해관� 부재로 해석� � 있으�, � 제출은 주로 Cline � 임명 이후 신속� 규제 준수를 알리� 신호입니�.

Présentation du formulaire 3 : Le 25 juin 2025, Xenon Pharmaceuticals Inc. (XENE) a déposé une déclaration initiale de propriété bénéficiaire (formulaire 3) au nom du nouvel dirigeant déclaré Darren S. Cline, Chief Commercial Officer. Le dépôt indique la date de l'événement au 23 juin 2025 et confirme le statut d'initié au titre de la Section 16 pour M. Cline.

Divulgation clé : Les tableaux I (positions non dérivées) et II (positions dérivées) indiquent tous deux « Aucun titre n'est détenu à titre bénéficiaire », ce qui signifie que M. Cline ne détient actuellement aucune action ni option de Xenon. Aucune modification, dépôt conjoint ou structure de propriété indirecte n’est mentionnée. Le document constitue donc un dépôt de conformité procédural plutôt qu’un événement de transaction ou de rémunération et ne contient aucune donnée financière, attribution d’options ou détail d’achat.

Pour les investisseurs, l’absence de détention par un initié pourrait être perçue comme un manque d’alignement immédiat sur le capital, mais ce dépôt signale principalement un respect réglementaire en temps voulu suite à la nomination de M. Cline.

Überblick über Formular 3: Am 25. Juni 2025 reichte Xenon Pharmaceuticals Inc. (XENE) eine Erstmeldung zum wirtschaftlichen Eigentum (Formular 3) für den neu gemeldeten Geschäftsführer Darren S. Cline, Chief Commercial Officer ein. Die Meldung gibt das Ereignisdatum mit dem 23. Juni 2025 an und bestätigt Herrn Clines Insider-Status gemäß Abschnitt 16.

Wichtige Offenlegung: Sowohl Tabelle I (nicht-derivative Beteiligungen) als auch Tabelle II (derivative Beteiligungen) vermerken �Es werden keine Wertpapiere wirtschaftlich gehalten�, was bedeutet, dass Herr Cline derzeit keine Aktien oder Optionen von Xenon besitzt. Es sind keine Änderungen, gemeinsame Meldungen oder indirekte Eigentumsstrukturen vermerkt. Das Dokument ist daher eine rein formale Compliance-Meldung und kein Transaktions- oder Vergütungsereignis und enthält keine finanziellen Kennzahlen, Optionszuteilungen oder Kaufdetails.

Für Investoren könnte das Fehlen von Insider-Beteiligungen als mangelnde unmittelbare Aktienbindung interpretiert werden, doch signalisiert die Meldung vor allem eine fristgerechte regulatorische Einhaltung nach Herrn Clines Ernennung.

SEC Form 3
FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0104
Estimated average burden
hours per response: 0.5
1. Name and Address of Reporting Person*
Cline Darren S

(Last) (First) (Middle)
3650 GILMORE WAY

(Street)
BURNABY A1 V5G 4W8

(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
06/23/2025
3. Issuer Name and Ticker or Trading Symbol
Xenon Pharmaceuticals Inc. [ XENE ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Commercial Officer
5. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
No securities are beneficially owned. 0 D
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
No securities are beneficially owned. (1) (1) N/A 0 $0 D
Explanation of Responses:
1. Not applicable.
/s/ Nathaniel Adams, Attorney-in-fact 06/25/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did Xenon Pharmaceuticals (XENE) disclose in the Form 3 filed on 25 June 2025?

The filing states that Chief Commercial Officer Darren S. Cline owns no shares or derivative securities of XENE as of 23 June 2025.

Who is the reporting person in the XENE Form 3?

The reporting person is Darren S. Cline, recently appointed Chief Commercial Officer of Xenon Pharmaceuticals.

Does Darren Cline hold any Xenon Pharmaceuticals stock or options?

No. Both Table I and Table II list zero non-derivative and zero derivative securities owned.

Why is a Form 3 important to investors?

Form 3 marks an insider’s initial ownership position, letting investors track future transactions; here it shows a baseline of zero for Mr. Cline.

Is the lack of ownership by the CCO a red flag for XENE shareholders?

Not necessarily; it may simply precede future grants. However, it indicates no current equity alignment until compensation plans are disclosed.
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