1,099 Shares Withheld for Taxes From Incyte (INCY) EVP RSUs
Rhea-AI Filing Summary
Incyte Corp executive Mohamed Khairie, EVP and Head of U.S. Commercial, reported a tax-related share disposition. On 2026-07-15, 1,099 common shares were automatically withheld by the company at $115.09 per share to satisfy RSU tax withholding obligations. Following this withholding, Khairie holds 65,033 shares directly, including 63,940 shares issuable from unvested restricted stock units.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Issa Mohamed Khairie
Role
EVP, Head of U.S. Commercial
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 1,099 | $115.09 | $126K |
Holdings After Transaction:
Common Stock — 65,033 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. This includes an aggregate of 63,940 shares of common stock issuable pursuant to previously reported RSUs that have not vested.
Key Figures
Shares withheld for taxes: 1,099 shares
Withholding price per share: $115.09
Shares held after transaction: 65,033 shares
+1 more
4 metrics
Shares withheld for taxes
1,099 shares
Common stock withheld on 2026-07-15 to satisfy RSU tax obligations
Withholding price per share
$115.09
Per-share value used for the tax-withholding disposition
Shares held after transaction
65,033 shares
Direct holdings of Mohamed Khairie following the tax withholding
Unvested RSUs included in holdings
63,940 shares
Shares issuable pursuant to previously reported RSUs that have not vested
Key Terms
restricted stock units, tax withholding obligations, settlement
3 terms
restricted stock units financial
"due at settlement of restricted stock units previously reported in Table I"
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
"shares withheld automatically by the Issuer to satisfy tax withholding obligations"
settlement financial
"obligations due at settlement of restricted stock units previously reported"
Settlement is the process of completing a financial transaction, like buying or selling a stock, by transferring money and ownership between parties. It ensures that both the buyer gets the asset and the seller gets paid, making the deal official. Without settlement, the transaction wouldn't be finalized or legally recognized.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did Incyte (INCY) executive Mohamed Khairie report in this Form 4?
Incyte EVP Mohamed Khairie reported that 1,099 shares of common stock were automatically withheld at $115.09 per share to cover tax obligations from restricted stock unit settlement, rather than being sold in an open-market transaction.
What do the unvested RSUs represent for Incyte (INCY) EVP Mohamed Khairie?
Khairie’s reported holdings include 63,940 shares of Incyte common stock issuable from previously reported, unvested restricted stock units. These RSUs will convert into shares only as they vest, providing potential future share delivery rather than current freely tradable stock.