Incyte EVP has 504 shares withheld for taxes
INCYTE CORP (INCY) reported an insider equity transaction by Ramitpal K. Basi, EVP, Human Resources.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F1, F2 | 504 | $129.72 | $65K |
Footnotes (2)
- 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.
- F2. This includes an aggregate of 9,871 shares of common stock issuable pursuant to previously reported restricted stock units that have not vested.
Key Figures
Key Terms
restricted stock units financial
tax withholding obligations financial
settlement financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did INCYTE CORP (INCY) report for Ramitpal K. Basi?
Was the INCY Form 4 transaction a sale by Ramitpal K. Basi on the open market?
AI-generated analysis. How Rhea-AI works. Not financial advice.