INCYTE (INCY) CEO’s RSU tax withholding adjusts reported share holdings
Rhea-AI Filing Summary
INCYTE CORP Chief Executive Officer and President William Meury reported a routine tax-related share disposition. On July 2, 2026, 4,779 shares of common stock were withheld at $116.86 per share to cover tax obligations tied to previously granted RSUs and earned performance shares.
After this automatic withholding, Meury directly owns 156,322 shares of common stock. Footnotes state this total includes 152,076 shares issuable from restricted stock units and earned performance shares that have not yet vested, highlighting that most of his reported position remains unvested equity awards rather than freely tradable shares.
Positive
- None.
Negative
- None.
Insights
Routine tax withholding on vested awards, not an open-market sale.
The transaction reflects 4,779 shares of INCYTE CORP common stock withheld at $116.86 per share to satisfy tax obligations on RSUs or performance shares that settled. Code F and the footnote confirm this was an automatic mechanism, not a discretionary market trade.
Following the withholding, William Meury holds 156,322 shares directly, including 152,076 shares tied to unvested restricted stock units and earned performance shares. This indicates most of his exposure remains through ongoing equity awards, so the filing mainly updates administrative details rather than signaling a change in sentiment.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 4,779 | $116.86 | $558K |
Footnotes (1)
- Represents shares withheld automatically by the Issuer to satisfy tax withholding obligations due at settlement of RSUs or earned performance shares previously reported in Table I as common stock. This includes an aggregate of 152,076 shares of common stock issuable pursuant to previously reported restricted stock units and earned performance shares that have not vested.