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[Form 4] Xenon Pharmaceuticals Inc Insider Trading Activity

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
4
Rhea-AI Filing Summary

Xenon Pharmaceuticals Inc. (XENE) filed a Form 4 disclosing an equity-based compensation grant to Darren S. Cline, the company’s Chief Commercial Officer. The filing reports that on 23 June 2025 Cline received a stock option to purchase 185,800 common shares at an exercise price of $31.49 per share.

The option vests 25 % on 23 June 2026, with the remaining 75 % vesting in equal monthly installments over the following three years; the option expires on 22 June 2035. The transaction is coded “A� (grant/acquisition), indicating the award was granted by the issuer rather than purchased on the open market. Following the grant, the executive beneficially owns 185,800 derivative securities; no changes were reported for non-derivative holdings.

This filing represents a routine incentive award designed to align executive interests with shareholders over a long-term horizon. It does not include any sale of shares or indicate changes to the company’s capital structure.

Xenon Pharmaceuticals Inc. (XENE) ha presentato un Modulo 4 che comunica una concessione di compensi basati su azioni a Darren S. Cline, Chief Commercial Officer dell'azienda. Il documento riporta che il 23 giugno 2025 a Cline è stata assegnata un'opzione su azioni per acquistare 185.800 azioni ordinarie a un prezzo di esercizio di 31,49 $ per azione.

L'opzione matura per il 25% il 23 giugno 2026, mentre il restante 75% matura in rate mensili uguali nei tre anni successivi; l'opzione scade il 22 giugno 2035. La transazione è classificata come “A� (concessione/acquisizione), indicando che il premio è stato concesso dall'emittente e non acquistato sul mercato aperto. Dopo la concessione, l'esecutivo detiene effettivamente 185.800 strumenti derivati; non sono state segnalate variazioni per le partecipazioni non derivati.

Questa comunicazione rappresenta un premio incentivante di routine volto ad allineare gli interessi del management con quelli degli azionisti su un orizzonte di lungo termine. Non include vendite di azioni né indica modifiche alla struttura del capitale della società.

Xenon Pharmaceuticals Inc. (XENE) presentó un Formulario 4 divulgando una concesión de compensación basada en acciones a Darren S. Cline, Director Comercial de la empresa. El documento informa que el 23 de junio de 2025 Cline recibió una opción sobre acciones para comprar 185.800 acciones ordinarias a un precio de ejercicio de $31.49 por acción.

La opción vence un 25% el 23 de junio de 2026, con el 75% restante que vence en cuotas mensuales iguales durante los siguientes tres años; la opción expira el 22 de junio de 2035. La transacción está codificada como “A� (concesión/adquisición), lo que indica que el premio fue otorgado por el emisor y no comprado en el mercado abierto. Tras la concesión, el ejecutivo posee beneficiosamente 185.800 valores derivados; no se reportaron cambios en las participaciones no derivadas.

Esta presentación representa un premio de incentivo rutinario diseñado para alinear los intereses ejecutivos con los de los accionistas a largo plazo. No incluye ninguna venta de acciones ni indica cambios en la estructura de capital de la empresa.

Xenon Pharmaceuticals Inc. (XENE)� 회사� 최고 상업 책임자인 Darren S. Cline에게 주식 기반 보상 부여를 공시하는 Form 4� 제출했습니다. 제출서류� 따르� 2025� 6� 23� Cline은 주당 31.49달러� 행사가격으� 185,800주의 보통주를 매수� � 있는 스톡 옵션� 받았습니�.

� 옵션은 2026� 6� 23일에 25%가 베스�되며, 나머지 75%� 이후 3� 동안 매월 동일� 비율� 베스�됩니�; 옵션 만료일은 2035� 6� 22�입니�. 거래 코드� “A�(부�/취득)�, 이는 수상� 발행자로부� 부여되었음� 의미하며 공개 시장에서 구매� 것이 아님� 나타냅니�. 부� � 임원은 185,800개의 파생 증권� 실질적으� 소유하게 되었으며, 비파� 보유에는 변� 사항� 보고되지 않았습니�.

이번 제출은 경영진의 이익� 장기적으� 주주와 일치시키� 위해 설계� 일상적인 인센티브 보상입니�. 주식 판매� 회사 자본 구조 변경은 포함하지 않습니다.

Xenon Pharmaceuticals Inc. (XENE) a déposé un formulaire 4 divulguant une attribution de rémunération en actions à Darren S. Cline, directeur commercial de la société. Le dépôt indique que le 23 juin 2025, Cline a reçu une option d'achat de 185 800 actions ordinaires à un prix d'exercice de 31,49 $ par action.

L'option devient acquise à 25 % le 23 juin 2026, le reste à raison de versements mensuels égaux sur les trois années suivantes ; l'option expire le 22 juin 2035. La transaction est codée « A » (attribution/acquisition), ce qui signifie que la récompense a été accordée par l'émetteur et non achetée sur le marché libre. Après l'attribution, le dirigeant détient effectivement 185 800 titres dérivés ; aucun changement n'a été signalé concernant les avoirs non dérivés.

Ce dépôt représente une attribution d'incitation de routine destinée à aligner les intérêts des dirigeants avec ceux des actionnaires sur le long terme. Il n'inclut aucune vente d'actions ni ne signale de modifications de la structure du capital de la société.

Xenon Pharmaceuticals Inc. (XENE) reichte ein Formular 4 ein, in dem eine aktienbasierte Vergütung an Darren S. Cline, den Chief Commercial Officer des Unternehmens, offengelegt wird. Die Meldung berichtet, dass Cline am 23. Juni 2025 eine Aktienoption zum Kauf von 185.800 Stammaktien zu einem Ausübungspreis von 31,49 $ pro Aktie erhalten hat.

Die Option fällt zu 25 % am 23. Juni 2026 an, während die restlichen 75 % in gleichen monatlichen Raten über die folgenden drei Jahre vesten; die Option läuft am 22. Juni 2035 ab. Die Transaktion ist mit „A� (Gewährung/Erwerb) codiert, was bedeutet, dass die Zuwendung vom Emittenten gewährt wurde und nicht am freien Markt gekauft wurde. Nach der Gewährung besitzt der Geschäftsführer wirtschaftlich 185.800 derivative Wertpapiere; keine Änderungen wurden bei den nicht-derivativen Beständen gemeldet.

Diese Meldung stellt eine routinemäßige Anreizvergütung dar, die darauf abzielt, die Interessen der Geschäftsführung langfristig mit denen der Aktionäre in Einklang zu bringen. Sie beinhaltet keinen Verkauf von Aktien und weist keine Änderungen der Kapitalstruktur des Unternehmens auf.

Positive
  • None.
Negative
  • None.

Insights

TL;DR: Routine option grant; no immediate impact on XENE valuation.

The Form 4 shows a straightforward incentive award to the Chief Commercial Officer�185,800 options at $31.49, vesting over four years. Such grants are typical for clinical-stage biotech firms seeking to retain key talent during commercial build-out phases. Because the award is entirely derivative and requires future vesting/exercise, it does not alter current share count or cash flows. Investors should view it as neutral to near-term fundamentals but note the potential dilution if exercised (�0.3 % of current basic shares, assuming ~60 million shares outstanding—the company has not provided an updated count in this filing). Overall, the transaction is governance-related rather than financially material.

TL;DR: Long-dated option aligns CCO incentives; standard practice.

The award’s 10-year term and four-year vesting schedule adhere to common governance norms for executive equity plans. Monthly vesting after the first anniversary creates continuous retention pressure. No accelerated vesting triggers or unusual pricing mechanisms are disclosed, suggesting the board followed standard compensation policies. The lack of any concurrent share sales supports a commitment to long-term value creation. From a governance standpoint, the filing raises no red flags and is immaterial to proxy-related risk assessments.

Xenon Pharmaceuticals Inc. (XENE) ha presentato un Modulo 4 che comunica una concessione di compensi basati su azioni a Darren S. Cline, Chief Commercial Officer dell'azienda. Il documento riporta che il 23 giugno 2025 a Cline è stata assegnata un'opzione su azioni per acquistare 185.800 azioni ordinarie a un prezzo di esercizio di 31,49 $ per azione.

L'opzione matura per il 25% il 23 giugno 2026, mentre il restante 75% matura in rate mensili uguali nei tre anni successivi; l'opzione scade il 22 giugno 2035. La transazione è classificata come “A� (concessione/acquisizione), indicando che il premio è stato concesso dall'emittente e non acquistato sul mercato aperto. Dopo la concessione, l'esecutivo detiene effettivamente 185.800 strumenti derivati; non sono state segnalate variazioni per le partecipazioni non derivati.

Questa comunicazione rappresenta un premio incentivante di routine volto ad allineare gli interessi del management con quelli degli azionisti su un orizzonte di lungo termine. Non include vendite di azioni né indica modifiche alla struttura del capitale della società.

Xenon Pharmaceuticals Inc. (XENE) presentó un Formulario 4 divulgando una concesión de compensación basada en acciones a Darren S. Cline, Director Comercial de la empresa. El documento informa que el 23 de junio de 2025 Cline recibió una opción sobre acciones para comprar 185.800 acciones ordinarias a un precio de ejercicio de $31.49 por acción.

La opción vence un 25% el 23 de junio de 2026, con el 75% restante que vence en cuotas mensuales iguales durante los siguientes tres años; la opción expira el 22 de junio de 2035. La transacción está codificada como “A� (concesión/adquisición), lo que indica que el premio fue otorgado por el emisor y no comprado en el mercado abierto. Tras la concesión, el ejecutivo posee beneficiosamente 185.800 valores derivados; no se reportaron cambios en las participaciones no derivadas.

Esta presentación representa un premio de incentivo rutinario diseñado para alinear los intereses ejecutivos con los de los accionistas a largo plazo. No incluye ninguna venta de acciones ni indica cambios en la estructura de capital de la empresa.

Xenon Pharmaceuticals Inc. (XENE)� 회사� 최고 상업 책임자인 Darren S. Cline에게 주식 기반 보상 부여를 공시하는 Form 4� 제출했습니다. 제출서류� 따르� 2025� 6� 23� Cline은 주당 31.49달러� 행사가격으� 185,800주의 보통주를 매수� � 있는 스톡 옵션� 받았습니�.

� 옵션은 2026� 6� 23일에 25%가 베스�되며, 나머지 75%� 이후 3� 동안 매월 동일� 비율� 베스�됩니�; 옵션 만료일은 2035� 6� 22�입니�. 거래 코드� “A�(부�/취득)�, 이는 수상� 발행자로부� 부여되었음� 의미하며 공개 시장에서 구매� 것이 아님� 나타냅니�. 부� � 임원은 185,800개의 파생 증권� 실질적으� 소유하게 되었으며, 비파� 보유에는 변� 사항� 보고되지 않았습니�.

이번 제출은 경영진의 이익� 장기적으� 주주와 일치시키� 위해 설계� 일상적인 인센티브 보상입니�. 주식 판매� 회사 자본 구조 변경은 포함하지 않습니다.

Xenon Pharmaceuticals Inc. (XENE) a déposé un formulaire 4 divulguant une attribution de rémunération en actions à Darren S. Cline, directeur commercial de la société. Le dépôt indique que le 23 juin 2025, Cline a reçu une option d'achat de 185 800 actions ordinaires à un prix d'exercice de 31,49 $ par action.

L'option devient acquise à 25 % le 23 juin 2026, le reste à raison de versements mensuels égaux sur les trois années suivantes ; l'option expire le 22 juin 2035. La transaction est codée « A » (attribution/acquisition), ce qui signifie que la récompense a été accordée par l'émetteur et non achetée sur le marché libre. Après l'attribution, le dirigeant détient effectivement 185 800 titres dérivés ; aucun changement n'a été signalé concernant les avoirs non dérivés.

Ce dépôt représente une attribution d'incitation de routine destinée à aligner les intérêts des dirigeants avec ceux des actionnaires sur le long terme. Il n'inclut aucune vente d'actions ni ne signale de modifications de la structure du capital de la société.

Xenon Pharmaceuticals Inc. (XENE) reichte ein Formular 4 ein, in dem eine aktienbasierte Vergütung an Darren S. Cline, den Chief Commercial Officer des Unternehmens, offengelegt wird. Die Meldung berichtet, dass Cline am 23. Juni 2025 eine Aktienoption zum Kauf von 185.800 Stammaktien zu einem Ausübungspreis von 31,49 $ pro Aktie erhalten hat.

Die Option fällt zu 25 % am 23. Juni 2026 an, während die restlichen 75 % in gleichen monatlichen Raten über die folgenden drei Jahre vesten; die Option läuft am 22. Juni 2035 ab. Die Transaktion ist mit „A� (Gewährung/Erwerb) codiert, was bedeutet, dass die Zuwendung vom Emittenten gewährt wurde und nicht am freien Markt gekauft wurde. Nach der Gewährung besitzt der Geschäftsführer wirtschaftlich 185.800 derivative Wertpapiere; keine Änderungen wurden bei den nicht-derivativen Beständen gemeldet.

Diese Meldung stellt eine routinemäßige Anreizvergütung dar, die darauf abzielt, die Interessen der Geschäftsführung langfristig mit denen der Aktionäre in Einklang zu bringen. Sie beinhaltet keinen Verkauf von Aktien und weist keine Änderungen der Kapitalstruktur des Unternehmens auf.

SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

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: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
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. Issuer Name and Ticker or Trading Symbol
Xenon Pharmaceuticals Inc. [ XENE ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Commercial Officer
3. Date of Earliest Transaction (Month/Day/Year)
06/23/2025
4. 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 Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Share Option (Right to Buy) $31.49 06/23/2025 A 185,800 (1) 06/22/2035 Common Shares 185,800 $0 185,800 D
Explanation of Responses:
1. Vesting 25% on June 23, 2026, and 75% vesting thereafter over the course of the next 3 years, in equal amounts, on the last day of each month.
/s/ Nathaniel Adams, Attorney-in-fact 06/24/2025
** 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 4 (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 its latest Form 4?

The company granted Chief Commercial Officer Darren S. Cline options to buy 185,800 common shares at $31.49 per share.

When do the newly granted XENE stock options start and finish vesting?

25 % vests on 23 June 2026; the remaining 75 % vests monthly through June 2029.

What is the exercise price and expiration date of the XENE options?

The exercise price is $31.49, and the options expire on 22 June 2035.

Did the insider sell any Xenon Pharmaceuticals shares?

No. The Form 4 reports only an acquisition (grant) of derivative securities; no sales were reported.

How many derivative securities does the insider own after the transaction?

Darren S. Cline beneficially owns 185,800 stock options following the grant.
Xenon Pharmaceut

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Biotechnology
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