Incyte (INCY) director receives RSU and 6,111-share stock option grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
INCYTE CORP director Katherine A. High reported equity compensation awards rather than open-market trading. She received 1,642 restricted stock units that each convert into one share of common stock, and these RSUs vest in full on the first anniversary of the grant, or earlier if the next regular annual stockholders’ meeting or a change of control occurs.
She was also granted a non-qualified stock option covering 6,111 shares of common stock at an exercise price of $100.64 per share, vesting on the same schedule and expiring in 2036. Following these awards, she directly holds 14,983 shares of common stock, plus the new option grant.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
High Katherine A
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Non Qualfied Stock Option (right to buy) | 6,111 | $0.00 | -- |
| Grant/Award | Common Stock | 1,642 | $0.00 | -- |
Holdings After Transaction:
Non Qualfied Stock Option (right to buy) — 6,111 shares (Direct, null);
Common Stock — 14,983 shares (Direct, null)
Footnotes (1)
- This award of restricted stock units ("RSUs") vests in full on the first anniversary of the date of grant or, if earlier, the date of the next regular annual meeting of the Company's stockholders or upon a change of control (as defined in the RSU plan). The RSUs may be settled only for shares of common stock on a one-for-one basis. Including this grant, this includes an aggregate of 1,642 shares of common stock issuable pursuant to previously reported restricted stock units that have not vested. This option vests in full on the first anniversary of the date of grant, or if earlier, the date of the next regular annual meeting of the Company's stockholders or upon change of control (as defined in the option plan).
Key Figures
RSU grant: 1,642 RSUs
Option grant size: 6,111 options
Option exercise price: $100.64 per share
+2 more
5 metrics
RSU grant
1,642 RSUs
Award of restricted stock units on June 8, 2026
Option grant size
6,111 options
Non-qualified stock option covering 6,111 shares
Option exercise price
$100.64 per share
Exercise price for non-qualified stock option
Option expiration
2036-06-07
Expiration date of the non-qualified stock option
Shares after transaction
14,983 shares
Total common shares directly held after grants
Key Terms
restricted stock units ("RSUs"), Non Qualfied Stock Option (right to buy), change of control, annual meeting of the Company's stockholders
4 terms
restricted stock units ("RSUs") financial
"This award of restricted stock units ("RSUs") vests in full on the first anniversary..."
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
Non Qualfied Stock Option (right to buy) financial
"Non Qualfied Stock Option (right to buy)"
change of control financial
"or upon a change of control (as defined in the RSU plan)."
A change of control occurs when the ownership or management of a company shifts significantly, such as through a sale, merger, or acquisition, resulting in new leadership or ownership structure. This change can impact the company's direction and decision-making, which is important for investors because it may affect the company's stability, strategy, and future prospects.
annual meeting of the Company's stockholders financial
"or, if earlier, the date of the next regular annual meeting of the Company's stockholders..."
FAQ
What insider transactions did INCYTE (INCY) director Katherine A. High report?
Katherine A. High reported equity compensation grants, not market trades. She received 1,642 restricted stock units and a non-qualified stock option for 6,111 shares, both awarded on June 8, 2026 with future vesting conditions.
How many INCYTE (INCY) restricted stock units did the director receive?
She received 1,642 restricted stock units (RSUs). Each RSU can be settled for one share of common stock. The award vests in full on the first anniversary of the grant, or earlier upon the next regular annual stockholders’ meeting or a qualifying change of control.
What are the terms of the INCYTE (INCY) stock options granted to the director?
She was granted a non-qualified stock option for 6,111 shares of common stock at an exercise price of $100.64 per share. The option vests in full after about one year or earlier upon specified corporate events and expires in 2036.
Do the INCYTE (INCY) Form 4 transactions involve open-market buying or selling?
No, the Form 4 reflects grant or award acquisitions, not open-market trades. Both the 1,642 RSUs and the 6,111-share option were awarded at a reported price of $0.00 per share as part of director compensation, with no buy or sell codes indicated.