Incyte Corp (NASDAQ: INCY) EVP reports 1,949-share RSU tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
INCYTE CORP EVP & Chief Scientific Officer Patrick A Mayes reported automatic tax-withholding dispositions totaling 1,949 shares of common stock on July 14–15, 2026, to satisfy RSU-related tax obligations. Following these withholdings, he directly holds 57,712 shares, including 53,621 issuable from unvested restricted stock units.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Mayes Patrick A
Role
EVP & Chief Scientific Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 1,512 | $115.09 | $174K |
| Tax Withholding | Common Stock | 437 | $114.88 | $50K |
Holdings After Transaction:
Common Stock — 57,712 shares (Direct)
Footnotes (1)
- Represents shares withheld automatically by the Issuer to satisfy tax withholding obligations due at settlement of restricted stock units previously reported in Table I as common stock. Includes an aggregate of 53,621 shares of common stock issuable pursuant to previously reported restricted stock units that have not vested.
Key Figures
Tax withholding shares: 1949 shares
Tax withholding on 2026-07-15: 1512.0000 shares at $115.0900 per share
Tax withholding on 2026-07-14: 437.0000 shares at $114.8800 per share
+2 more
5 metrics
Tax withholding shares
1949 shares
Total shares withheld to cover tax obligations on RSU settlement
Tax withholding on 2026-07-15
1512.0000 shares at $115.0900 per share
F-code tax-withholding disposition on July 15, 2026
Tax withholding on 2026-07-14
437.0000 shares at $114.8800 per share
F-code tax-withholding disposition on July 14, 2026
Shares held after transactions
57712.0000 shares
Direct common stock holdings after July 15, 2026 transaction
Unvested RSUs
53,621 shares
Shares issuable from restricted stock units that have not vested
Key Terms
restricted stock units, tax withholding obligations, have not vested
3 terms
restricted stock units financial
"due at settlement of restricted stock units previously reported"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
tax withholding obligations financial
"to satisfy tax withholding obligations due at settlement"
have not vested financial
"issuable pursuant to previously reported restricted stock units that have not vested."
FAQ
What insider transaction did INCYTE CORP (INCY) report for Patrick A Mayes?
INCYTE CORP reported that Patrick A Mayes had 1,949 shares of common stock withheld in two F-code transactions on July 14–15, 2026. These were automatic tax-withholding dispositions tied to settlement of previously granted restricted stock units, not discretionary open-market sales.
Does the Mayes Form 4 for INCYTE CORP (INCY) show any open-market stock sales or purchases?
No. The Form 4 for Patrick A Mayes shows only F-code transactions, which are tax-withholding dispositions to satisfy obligations on restricted stock unit settlement. It reports no open-market purchases or sales of INCY common stock by Mayes during these dates.