[144] Incyte Genomics Inc SEC Filing
Rhea-AI Filing Summary
Incyte Genomics' Form 144 records a proposed sale of 75,963 common shares through Morgan Stanley Smith Barney LLC on NASDAQ with an aggregate market value of $6,267,540.00. The shares were acquired via a stock option exercise on 08/13/2025 and payment was made in cash.
The filing also lists insider sales by Barry Flannelly totaling 27,472 shares in the past three months for gross proceeds of $2,040,893.53. The issuer reports 195,276,145 shares outstanding, so the proposed sale equals approximately 0.039% of outstanding shares. The document contains no earnings, guidance, or other operational details.
Positive
- None.
Negative
- None.
Insights
TL;DR Routine insider liquidity: planned sale is modest relative to outstanding shares and follows recent smaller disposals.
The proposed disposition of 75,963 shares for $6.27M appears to be an execution of compensation-related liquidity after a stock option exercise. Compared with the issuer's 195.28M shares outstanding, the planned sale represents about 0.039%, a negligible dilution or market-pressure signal on its own. Recent insider activity shows 27,472 shares sold for $2.04M over the past three months, indicating ongoing personal liquidity rather than a one-off large exit. No financial results or new material company information are included in the filing.
TL;DR Disclosure is standard and complies with Rule 144 mechanics; no governance red flags in form content.
The filing documents a sale routed through an institutional broker and includes required acquisition details (stock option exercise) and payment method (cash), which supports procedural transparency. The identity shown in past sales, Barry Flannelly, and the broker (Morgan Stanley Smith Barney LLC) are explicitly listed. Because the amounts are small relative to total outstanding shares and the form contains no undisclosed operational issues, this notice is a routine insider reporting event rather than a governance concern.