STOCK TITAN

Incyte (NASDAQ: INCY) HR chief holds 10,993 shares after tax withholding

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(Neutral)
Form Type
4

Rhea-AI Filing Summary

INCYTE CORP (INCY) reported an insider equity transaction by Ramitpal K. Basi, EVP, Human Resources. On 2026-08-25, 504 shares of common stock were withheld automatically to satisfy tax withholding obligations upon settlement of previously granted restricted stock units. After this tax-withholding disposition, Basi held 10,993 shares directly, including 9,871 unvested restricted stock unit shares issuable as they vest.

Positive

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Negative

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Insider Basi Ramitpal K
Role EVP, Human Resources
Type Security Shares Price Value
Tax Withholding Common Stock F1, F2 504 $129.72 $65K
Holdings After Transaction: Common Stock — 10,993 shares (Direct)
Footnotes (2)
  1. F1. 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.
  2. F2. This includes an aggregate of 9,871 shares of common stock issuable pursuant to previously reported restricted stock units that have not vested.
Shares withheld for tax withholding obligations 504 shares Common stock withheld on 2026-08-25 to satisfy tax obligations at RSU settlement
Transaction price per share $129.72 per share Price applied to the 504 shares withheld for tax obligations
Total shares held after transaction 10,993 shares Direct INCY common stock holdings following the 2026-08-25 transaction
Unvested restricted stock unit shares 9,871 shares Common stock issuable under previously reported RSUs that have not vested
restricted stock units financial
"settlement of restricted stock units previously reported in Table I as common stock"
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
"tax withholding obligations due at settlement of restricted stock units"
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.

FAQ

What insider transaction did INCYTE CORP (INCY) report for Ramitpal K. Basi?

INCYTE reported that EVP, Human Resources Ramitpal K. Basi had 504 shares of common stock withheld on 2026-08-25 to cover tax withholding obligations upon settlement of previously granted restricted stock units.

Was the INCY Form 4 transaction a sale by Ramitpal K. Basi on the open market?

No. The Form 4 states the 504 shares were withheld automatically by Incyte to satisfy tax withholding obligations due at settlement of restricted stock units, not an open-market sale.

How many INCY shares does Ramitpal K. Basi hold after this Form 4 transaction?

After the reported transaction, Ramitpal K. Basi held 10,993 shares of INCY common stock directly. This total includes shares underlying previously reported restricted stock units that have not yet vested.

What price per share is reported for the INCY tax-withholding transaction?

The Form 4 reports a transaction price of $129.72 per share for the 504 shares withheld to satisfy tax withholding obligations at settlement of restricted stock units.

How many unvested restricted stock unit shares does Ramitpal K. Basi have in INCY?

The filing states that Basi’s holdings include an aggregate of 9,871 shares of INCY common stock issuable pursuant to previously reported restricted stock units that have not vested.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Basi Ramitpal K

(Last)(First)(Middle)
1801 AUGUSTINE CUT-OFF

(Street)
WILMINGTON DELAWARE 19803

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
INCYTE CORP [ INCY ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
EVP, Human Resources
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/25/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock08/25/2026F504(1)D$129.7210,993(2)D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
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.
2. This includes an aggregate of 9,871 shares of common stock issuable pursuant to previously reported restricted stock units that have not vested.
Remarks:
/s/ Elizabeth Feeney, Attorney-In-Fact08/27/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)