Morgan Stanley sells INCY common shares (INCY) via Form 144 notice

Rhea-AI Filing Summary

Morgan Stanley Smith Barney LLC Executive Financial Services reported a proposed sale of Common shares of INCY via a Form 144 filed 05/26/2026. The filing lists multiple lots tied to Restricted Stock dated 07/02/2023 and Employee Stock Purchase Plan dated 04/30/2025, with specific share line items shown.

Insights

Securities Counsel

Routine Form 144 notice of proposed resale by a broker/dealer.

The filing lists proposed sales of Common stock associated with restricted stock and an employee stock purchase plan, and shows dates and line-item counts. This form records an intended resale under Rule 144, not a completed public sale.

Cash‑flow treatment and settlement timing are not disclosed in the excerpt; subsequent transaction reports would show execution. Regulatory compliance depends on Rule 144 conditions and any contractual transfer restrictions linked to the noted grant dates.

Equity Markets Analyst

Administrative resale filing with limited market impact.

The entries include line items of Common shares tied to broker information and grant/purchase plan dates. The listing of lots dated 07/02/2023 and 04/30/2025 indicates the source of shares but not execution quantities beyond the table lines.

Whether these shares create immediate supply depends on whether the proposed sales are executed; timing and sizes executed are not provided in this excerpt.

Key Figures

Broker reference number: 2051 Numeric entry: 199664.85 Numeric entry: 199782155 +4 more

7 metrics

Broker reference number 2051 table line in filing header

Numeric entry 199664.85 numeric field in excerpt header

Numeric entry 199782155 numeric field in excerpt header

Proposed sale notice date 05/26/2026 Form 144 filing date shown

Restricted stock date 07/02/2023 grant date tied to a listed lot

ESPP purchase date 04/30/2025 employee stock purchase plan lot date

Line-item share counts 1717; 334 two separate lots shown in the securities table

Key Terms

Form 144, Restricted Stock, Employee Stock Purchase Plan, Issuer

4 terms

Form 144 regulatory

"reported a proposed sale of Common shares via a Form 144 filed 05/26/2026"

Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.

Restricted Stock financial

"The filing lists multiple lots tied to Restricted Stock dated 07/02/2023"

Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.

Employee Stock Purchase Plan financial

"Employee Stock Purchase Plan dated 04/30/2025 appears as a source for listed shares"

An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.

Issuer regulatory

"Restricted Stock | ISSUER shown in the securities table"

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	2051	199664.85	199782155	05/26/2026	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	07/02/2023	Restricted Stock	ISSUER			1717	07/02/2023	Not Applicable
Common	04/30/2025	Employee Stock Purchase Plan	ISSUER			334	04/30/2025	Cash

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Nothing to Report

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does the Form 144 filed for INCY by Morgan Stanley indicate?

It indicates a proposed resale of Common shares of INCY by Morgan Stanley Smith Barney LLC Executive Financial Services, recorded on 05/26/2026. The filing lists specific lots tied to restricted stock and an employee stock purchase plan but does not show executed trades.

How many share line items and grant dates are shown in this Form 144 for INCY?

The excerpt shows line items with counts including 2051, 1717, and 334, and grant or acquisition dates of 07/02/2023 and 04/30/2025. These are the table entries presented in the filing excerpt.

Does this Form 144 confirm the shares were sold or the proceeds received?

No. The Form 144 excerpt records a proposed resale notice dated 05/26/2026. It does not confirm execution, sale proceeds, or settlement; those outcomes require subsequent trade or broker reports not shown here.

What types of securities are listed in the INCY Form 144 excerpt?

The filing lists Common stock derived from Restricted Stock grants and an Employee Stock Purchase Plan. The broker information includes Morgan Stanley Smith Barney LLC Executive Financial Services and a NASDAQ listing reference.