Incyte (INCY) EVP Morrissey has 185 shares withheld for RSU tax
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Incyte Corporation executive Michael James Morrissey reported a small share withholding related to equity compensation. On February 2, 2026, 185 shares of Incyte common stock were withheld at $102.67 per share to cover tax obligations from previously granted restricted stock units.
After this withholding, Morrissey beneficially owns 34,065 shares of Incyte common stock directly. This total includes 22,560 shares tied to previously reported restricted stock units and earned performance stock units that are not yet vested, reflecting ongoing equity-based compensation rather than an open-market sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Morrissey Michael James
Role
EVP, Head of Tech. Operations
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 185 | $102.67 | $19K |
Holdings After Transaction:
Common Stock — 34,065 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 22,560 shares of common stock issuable pursuant to previously reported restricted stock units and earned performance stock units that have not vested.
FAQ
What insider transaction did Incyte (INCY) report for Michael James Morrissey?
Incyte executive Michael James Morrissey reported a withholding of 185 shares of common stock. These shares were automatically retained by the company to satisfy tax obligations arising from the settlement of previously granted restricted stock units, rather than being sold in the open market.
On what date did the reported Incyte (INCY) insider transaction occur?
The reported insider transaction for Incyte executive Michael James Morrissey occurred on February 2, 2026. On that date, 185 shares of common stock were withheld to cover tax withholding obligations related to the vesting and settlement of restricted stock units.
What portion of Michael James Morrissey’s Incyte (INCY) holdings are unvested equity awards?
Morrissey’s reported holdings include 22,560 shares of Incyte common stock tied to unvested awards. These shares are issuable pursuant to previously reported restricted stock units and earned performance stock units that have not yet vested, indicating a substantial component of equity-based compensation.
Was the Incyte (INCY) insider transaction a market sale by Michael James Morrissey?
No, the transaction was not a market sale. The 185 Incyte shares were withheld automatically by the company to cover Morrissey’s tax withholding obligations upon settlement of restricted stock units, rather than being sold on the open market to third-party buyers.