Incyte (NASDAQ: INCY) EVP reports sale and RSU tax withholding
Rhea-AI Filing Summary
Incyte executive Issa Mohamed Khairie reported two stock transactions. On 01/06/2026, 8,264 shares of common stock were automatically withheld by the issuer at a price of $106.66 to cover tax obligations tied to previously granted restricted stock units. On 01/07/2026, Khairie sold 10,856 shares of Incyte common stock at a price of $109.07 per share in an open market transaction. After these transactions, Khairie directly beneficially owned 66,132 shares of common stock, which includes shares issuable from previously reported RSUs that have not yet vested.
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FAQ
What insider activity did INCYTE CORP (INCY) report for Issa Mohamed Khairie?
The filing reports that EVP and Head of US Oncology Issa Mohamed Khairie had 8,264 shares withheld for taxes on 01/06/2026 and sold 10,856 shares of Incyte common stock on 01/07/2026.
How many INCYTE CORP shares did the EVP sell, and at what price?
On 01/07/2026, Issa Mohamed Khairie sold 10,856 shares of INCYTE CORP common stock at a price of $109.07 per share.
What was the purpose of the 8,264 INCYTE CORP shares reported with code "F"?
The 8,264 shares reported with transaction code "F" on 01/06/2026 represent shares withheld automatically by Incyte to satisfy tax withholding obligations upon settlement of previously granted restricted stock units.
How many INCYTE CORP shares does Issa Mohamed Khairie beneficially own after these transactions?
Following the reported transactions, Issa Mohamed Khairie beneficially owned 66,132 shares of INCYTE CORP common stock, including shares issuable under previously reported RSUs that have not vested.
Does the Form 4 indicate whether the reported INCYTE CORP transactions are held directly or indirectly?
The Form 4 indicates that the reported holdings and transactions are direct, as shown by the ownership form "D" in the tables.
What is Issa Mohamed Khairie’s role at INCYTE CORP according to the Form 4?
According to the Form 4, Issa Mohamed Khairie is an officer of INCYTE CORP with the title EVP, Head of US Oncology.