Incyte (INCY) EVP Morrissey gets 7,426 RSUs, 429 shares withheld for taxes
Rhea-AI Filing Summary
Incyte Corporation EVP Michael James Morrissey, Head of Tech. Operations, reported routine equity compensation activity in company common stock. On January 16, 2026, he received an award of 7,426 restricted stock units (RSUs), which will vest in four equal annual installments of 25% and can be settled one-for-one in common shares. On January 20, 2026, 429 shares were automatically withheld by Incyte at $102.62 per share to cover tax obligations tied to previously granted RSUs. After these transactions, Morrissey beneficially owned 34,250 shares of common stock, including 25,198 shares underlying unvested RSUs and earned performance stock units.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 429 | $102.62 | $44K |
| Grant/Award | Common Stock | 7,426 | $0.00 | -- |
Footnotes (1)
- Represents award of restricted stock units ("RSUs") that will vest 25% annually over four years. The RSUs may be settled only for shares of common stock on a one-for-one basis. 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. Including the January 16, 2026 grant, this includes an aggregate of 25,198 shares of common stock issuable pursuant to previously reported restricted stock units and earned performance stock units that have not vested.
FAQ
What insider activity did Incyte (INCY) report for Michael James Morrissey?
Michael James Morrissey, EVP and Head of Tech. Operations at Incyte, reported the grant of 7,426 RSUs on January 16, 2026, and an automatic withholding of 429 shares on January 20, 2026 to cover tax obligations related to previously granted RSUs.
How do the new RSUs for Incyte (INCY) EVP Michael Morrissey vest?
The 7,426 RSUs granted to Michael Morrissey will vest at 25% per year over four years, and each RSU may be settled for one share of Incyte common stock.
How many unvested equity awards does the Incyte (INCY) EVP still have outstanding?
Including the January 16, 2026 grant, Michael Morrissey has an aggregate of 25,198 shares of Incyte common stock issuable from previously reported unvested RSUs and earned performance stock units.
Is the Incyte (INCY) insider transaction linked to a Rule 10b5-1 trading plan?
The disclosure references the option to indicate Rule 10b5-1 trading plans, but the provided information does not show this transaction as being designated under such a plan.