[144] Incyte Genomics Inc SEC Filing
Form 144 notice for Incyte Genomics Inc (INCY): The filer reported a proposed sale of 598 common shares via Morgan Stanley Smith Barney on NASDAQ, with an aggregate market value of $50,812.06 and an approximate sale date of 09/02/2025. The shares were acquired the same day, 09/02/2025, by stock option exercise from the issuer and paid for in cash. The filer also disclosed six prior sales in the past three months totaling 7,384 shares for gross proceeds of $490,810.62 across dates from 06/03/2025 to 08/15/2025. The filer attests they are not aware of any undisclosed material adverse information.
- Transaction transparency: Filing clearly discloses acquisition method (stock option exercise), payment in cash, broker, and planned sale date
- Timely reporting: Multiple recent insider sales and the current proposed sale are documented, supporting regulatory compliance
- Insider selling activity: Six reported sales in the past three months totaling 7,384 shares could be viewed negatively by some investors
- No 10b5-1 plan disclosed: The filing does not state a trading plan adoption date, so sales may not be under a pre-established plan
Insights
TL;DR Insider exercised options and filed to sell 598 shares; multiple recent disposals total 7,384 shares over three months.
This filing documents a routine Rule 144 disposition following a same-day stock option exercise, with the broker listed as Morgan Stanley Smith Barney and the sale planned on NASDAQ. The filing also provides a clear track record of recent sales by the same person: six transactions from June through August 2025 totaling 7,384 shares and roughly $490,810.62 in proceeds. For investors, this is an explicit disclosure of insider liquidity events; it does not by itself indicate company performance changes because the document contains no operational or financial results.
TL;DR The notice is a compliance disclosure showing insider option exercise then planned Rule 144 sale, plus multiple recent sales.
The form conforms to Rule 144 reporting requirements by specifying acquisition method (stock option exercise), payment in cash, broker details, and amounts. The repeated sales over a short period may warrant monitoring for pattern analysis but are standardly reported to satisfy securities law obligations. No allegations, restrictions, or trading-plan dates are provided, and the filer affirms no undisclosed material adverse information. The filing lacks any indication of Rule 10b5-1 trading-plan adoption or exemptions.