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.

SEC Form 4

FORM 4

UNITED 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^*

Morrissey Michael James

(Last) (First) (Middle)

1801 AUGUSTINE CUT-OFF

(Street)

WILMINGTON DE 19803

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
INCYTE CORP [ INCY ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP, Head of Tech. Operations

3. Date of Earliest Transaction (Month/Day/Year)
01/16/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	01/16/2026		A		7,426(1)	A	$0	34,679	D
Common Stock	01/20/2026		F		429(2)	D	$102.62	34,250(3)	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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

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.

2. 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.

3. 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.

Remarks:

	/s/ Elizabeth Feeney, Attorney-In-Fact	01/21/2026
	** Signature of Reporting Person	Date
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.

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.

Why were 429 Incyte (INCY) shares withheld from Michael Morrissey?

The 429 shares of Incyte common stock were withheld automatically by the company at $102.62 per share to satisfy tax withholding obligations arising from the settlement of previously reported restricted stock units.

How many Incyte (INCY) shares does Michael Morrissey own after these transactions?

Following the reported transactions, Michael Morrissey beneficially owned 34,250 shares of Incyte common stock, held directly.

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.