Jaime Sepulveda - 17 Sep 2025 Form 4 Insider Report for HilleVax, Inc. (HLVX)

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
17 Sep 2025, 16:30:04 UTC
Prior SEC filing
25 Jun 2025
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Paul Bavier, Attorney-in-Fact for Jaime Sepulveda

Key filing fact

Jaime Sepulveda filed Form 4 for HilleVax, Inc. (HLVX) on 17 Sep 2025.

Key facts

  • This page summarizes Jaime Sepulveda's Form 4 filing for HilleVax, Inc. (HLVX).
  • 1 reported transaction and 0 derivative rows are listed below.
  • Accepted by SEC: 17 Sep 2025, 16:30.

Change

  • Previous filing in this sequence was filed on 25 Jun 2025.
  • Current net transaction value: $0.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (1)

CIK 0001923444 Primary reporting owner

Sepulveda Jaime

Relationship
Director
Address
C/O HILLEVAX, INC., 321 HARRISON AVE, SUITE 500, BOSTON
Signature
/s/ Paul Bavier, Attorney-in-Fact for Jaime Sepulveda
Signature date
17 Sep 2025

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

HLVX transaction

Common Stock

Disposition pursuant to a tender of shares in a change of control transaction

Transaction value
Shares
-59,224
Change %
-100%
Price
Shares after
0
Date
17 Sep 2025
Ownership
Direct
Footnotes
F1, F2
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

Jaime Sepulveda is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 2 footnotes

Footnote F1

In connection with that certain Agreement and Plan of Merger, dated as of August 4, 2025 (the "Merger Agreement"), by and among the Issuer, XOMA Royalty Corporation ("Parent") and XRA 4 Corp., a wholly owned subsidiary of Parent ("Merger Sub" and together with Parent, the "Purchasers"), the Purchasers completed a tender offer to acquire all of the issued and outstanding shares of Common Stock of the Issuer in exchange for (a) $1.95 in cash per share (the "Cash Amount"), plus (b) one contingent value right ("CVR") representing the right to receive certain contingent cash payments equal to the "CVR Proceeds" as further described in that certain CVR Agreement entered into between the Purchasers and a representative to the CVR holders. After completion of the tender offer, Merger Sub merged with and into the Issuer, effective as of September 17, 2025 (the "Effective Time"), with the Issuer continuing as the surviving corporation and as a wholly owned subsidiary of Parent.

Footnote F2

Pursuant to the terms of the Merger Agreement, immediately prior to the Effective Time, each outstanding restricted stock unit ("RSU") immediately vested in full and was canceled in exchange for the right to receive (a) an amount in cash, without interest, equal to the product obtained by multiplying (x) the Cash Amount by (y) the number of shares underlying such RSU at the Effective Time and (b) one CVR for each share underlying such RSU.

We use cookies and similar technologies to provide certain features, enhance the user experience and, if you allow them, measure engagement and deliver advertising. Analytics and marketing storage stay off until you grant consent. By clicking on "Agree and continue", you declare your consent to the use of the selected optional cookies. Manage preferences to update or revoke optional consent for future visits. For more information, see our Privacy Policy .