Incyte (INCY) R&D chief withholds 22,919 shares to cover taxes

Rhea-AI Filing Summary

INCYTE CORP executive Pablo J. Cagnoni, President and Global Head of R&D, reported two F-code tax-withholding dispositions of common stock tied to settlements of restricted stock units and earned performance shares, totaling 22,919 shares at prices of $114.88 and $115.09 per share. After these withholdings, he directly holds 217,929.0000 shares of common stock, and his reported holdings include 169,797 shares issuable from unvested restricted stock units and earned performance shares.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider CAGNONI PABLO J

Role President, Global Head of R&D

Type	Security	Shares	Price	Value
Tax Withholding	Common Stock	4,950	$115.09	$570K
Tax Withholding	Common Stock	17,969	$114.88	$2.06M

Holdings After Transaction: Common Stock — 217,929 shares (Direct)

Footnotes (1)

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 169,797 shares of common stock issuable pursuant to previously reported restricted stock units and earned performance shares that have not vested.

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 07/16/2026 - 04:08 PM Accepted by SEC EDGAR 07/16/2026 - 04:08 PM Learn about SEC filing dates

FAQ

What insider transaction did Pablo J. Cagnoni report at INCYTE (INCY)?

Pablo J. Cagnoni reported two F-code tax-withholding dispositions of INCYTE common stock. These dispositions satisfied tax obligations due at settlement of previously granted restricted stock units and earned performance shares, rather than representing open-market sales for investment purposes.

How many INCYTE (INCY) shares were withheld for taxes in this Form 4?

A total of 22,919 shares of INCYTE common stock were withheld for taxes. This consisted of 17,969.0000 shares on 2026-07-14 and 4,950.0000 shares on 2026-07-15, both recorded as automatic tax-withholding dispositions (transaction code F).

At what prices were INCYTE (INCY) shares valued for the tax-withholding dispositions?

The tax-withholding dispositions used share prices of $114.8800 and $115.0900 per share. These values apply to the 17,969.0000 and 4,950.0000 shares, respectively, that were withheld to cover tax liabilities arising from equity award settlements.

How many INCYTE (INCY) shares does Pablo J. Cagnoni hold after these transactions?

After the reported tax-withholding dispositions, Pablo J. Cagnoni directly holds 217,929.0000 shares of INCYTE common stock. Earlier, following the first withholding event, his direct holdings were 222,879.0000 shares, indicating both entries reflect ongoing equity-based compensation activity.

What do the footnotes reveal about RSUs and performance shares in the INCY Form 4?

Footnotes state that Cagnoni’s reported holdings include 169,797 shares of common stock issuable from previously reported restricted stock units and earned performance shares that have not vested. Another footnote clarifies the F-code entries are automatic tax withholding at settlement of those awards.

Were the INCYTE (INCY) insider transactions open-market sales or tax-related?

The reported transactions were tax-related, not open-market sales. Both entries use transaction code F and are described as shares "withheld automatically" to satisfy tax withholding obligations upon settlement of RSUs or earned performance shares, indicating no discretionary market sale.

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^*

CAGNONI PABLO J

(Last) (First) (Middle)

1801 AUGUSTINE CUT-OFF

(Street)

WILMINGTON DELAWARE 19083

(City) (State) (Zip)

UNITED STATES

(Country)

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)
	President, Global Head of R&D

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
07/14/2026

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

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

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

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	07/14/2026		F		17,969(1)	D	$114.88	222,879	D
Common Stock	07/15/2026		F		4,950(1)	D	$115.09	217,929(2)	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 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.

2. This includes an aggregate of 169,797 shares of common stock issuable pursuant to previously reported restricted stock units and earned performance shares that have not vested.

Remarks:

	/s/ Elizabeth Feeney, Attorney-In-Fact	07/16/2026
	** 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.
* Form 4: SEC 1474 (03-26)