Incyte (INCY) EVP reports tax withholding and sale of 10,856 shares
Rhea-AI Filing Summary
Incyte Corp executive Issa Mohamed Khairie reported both tax withholding and a share sale of company stock. On January 6, 2026, 8,264 shares of common stock were automatically withheld by Incyte at $106.66 per share to cover tax obligations tied to previously granted restricted stock units. On January 7, 2026, Khairie sold 10,856 shares of Incyte common stock at an average price of $109.07 per share in an open-market transaction. Following these transactions, he beneficially owned 66,132 shares of common stock, which the filing states includes shares issuable under unvested restricted stock units.
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FAQ
What insider activity did Incyte (INCY) report for Issa Mohamed Khairie?
The filing shows that EVP, Head of US Oncology Issa Mohamed Khairie had 8,264 shares withheld for taxes on January 6, 2026 and sold 10,856 shares of Incyte common stock on January 7, 2026.
How many Incyte (INCY) shares did the executive sell and at what price?
On January 7, 2026, Issa Mohamed Khairie sold 10,856 shares of Incyte common stock in a transaction coded "S" at an average price of $109.07 per share.
What does the tax withholding transaction in the Incyte Form 4 represent?
The 8,264-share transaction on January 6, 2026, coded "F", represents shares automatically withheld by Incyte to satisfy tax withholding obligations upon settlement of previously reported restricted stock units.
How many Incyte shares does the reporting person beneficially own after these transactions?
After the reported transactions, Issa Mohamed Khairie beneficially owned 66,132 shares of Incyte common stock, which the filing notes includes shares issuable from previously reported unvested restricted stock units.
What is Issa Mohamed Khairie's role at Incyte (INCY)?
Issa Mohamed Khairie is an officer of Incyte, serving as EVP, Head of US Oncology, as disclosed in the Form 4.
Are the Incyte Form 4 transactions reported as directly owned by the executive?
Yes. The Form 4 lists both transactions in common stock as directly owned (D) by Issa Mohamed Khairie, with no indication of indirect ownership through another entity.