STOCK TITAN

INCYTE (INCY) EVP Mayes has 350 shares withheld to cover RSU taxes

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

INCYTE CORP executive Patrick A. Mayes had 350 shares of common stock withheld by the company to cover tax obligations tied to restricted stock units. The withholding price was $116.86 per share. After this non-market tax-withholding event, he directly holds 59,661 shares of common stock.

A footnote also notes 58,730 additional shares are issuable from unvested restricted stock units, which are not yet settled into common stock.

Positive

  • None.

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Insider Mayes Patrick A
Role EVP & Chief Scientific Officer
Type Security Shares Price Value
Tax Withholding Common Stock 350 $116.86 $41K
Holdings After Transaction: Common Stock — 59,661 shares (Direct, null)
Footnotes (1)
  1. 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. Includes an aggregate of 58,730 shares of common stock issuable pursuant to previously reported restricted stock units that have not vested.
Shares withheld for taxes 350 shares Common stock withheld to satisfy RSU tax obligations
Withholding share value $116.86 per share Value used for tax-withholding disposition
Direct holdings after transaction 59,661 shares Common stock directly owned after tax withholding
Unvested RSU-linked shares 58,730 shares Common stock issuable from unvested restricted stock units
restricted stock units financial
"settlement of restricted stock units previously reported in Table I as common stock"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
tax withholding obligations financial
"shares withheld automatically by the Issuer to satisfy tax withholding obligations"
common stock issuable financial
"includes an aggregate of 58,730 shares of common stock issuable pursuant to previously reported restricted stock units"
tax-withholding disposition financial
"transaction_action: tax-withholding disposition"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
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FAQ

What insider transaction did INCYTE CORP (INCY) report for Patrick A. Mayes?

INCYTE CORP reported that Patrick A. Mayes had 350 common shares withheld to satisfy tax obligations on settling restricted stock units. This was an automatic company withholding, not an open-market trade, and reflects routine tax handling of equity compensation.

Was the INCYTE CORP (INCY) transaction a stock sale by Patrick A. Mayes?

The transaction was not an open-market sale by Patrick A. Mayes. It was a tax-withholding disposition, where INCYTE CORP automatically withheld 350 shares to pay taxes due on restricted stock units that were settling into common shares.

At what price were INCYTE CORP (INCY) shares withheld for Patrick A. Mayes?

The 350 shares withheld for Patrick A. Mayes’ tax obligations were valued at $116.86 per share. This price is used to calculate the tax withholding on the restricted stock unit settlement, not necessarily as an executed market trade price.

How many INCYTE CORP (INCY) shares does Patrick A. Mayes hold after the transaction?

After the tax-withholding event, Patrick A. Mayes directly holds 59,661 shares of INCYTE CORP common stock. This figure reflects his post-transaction direct ownership as shown in the Form 4 and excludes additional unvested restricted stock units.

What restricted stock units are outstanding for Patrick A. Mayes at INCYTE CORP (INCY)?

A footnote states that Patrick A. Mayes has 58,730 shares of common stock issuable from previously reported restricted stock units that have not vested. These units represent potential future shares, subject to vesting conditions being met over time.

Does the INCYTE CORP (INCY) filing indicate any option exercises by Patrick A. Mayes?

The filing does not show any option exercises for Patrick A. Mayes. It only reports a tax-withholding disposition of 350 common shares tied to settlement of restricted stock units, with no derivative exercises listed in the derivative transaction summary.
SEC Form 4
FORM 4UNITED 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*
Mayes Patrick A

(Last)(First)(Middle)
1801 AUGUSTINE CUT-OFF

(Street)
WILMINGTON DELAWARE 19803

(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
EVP & Chief Scientific Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
07/02/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock07/02/2026F350(1)D$116.8659,661(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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. 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.
2. Includes an aggregate of 58,730 shares of common stock issuable pursuant to previously reported restricted stock units that have not vested.
Remarks:
/s/ Elizabeth Feeney, Attorney-In-Fact07/07/2026
** Signature of Reporting PersonDate
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)