Incyte Corp (INCY) EVP sells 47,954 shares after exercising options
Rhea-AI Filing Summary
Patrick A. Mayes, EVP & Chief Scientific Officer of Incyte, exercised employee stock options covering 45,767 shares and acquired common stock, then reported sale transactions totaling 47,954 shares of common stock on July 31 and August 3, 2026, pursuant to a Rule 10b5-1 trading plan.
The exercised options included grants with exercise prices of $61.18, $72.27 and $105.43 per share. Footnotes state his reported holdings also include 59,537 additional shares underlying unvested restricted stock units.
Positive
- None.
Negative
- None.
Insights
Analyzing...
Insider Trade Summary 10b5-1
Exercise and sale activity reported; no spread calculated
Exercise and Sale
44 txns
Insider
Mayes Patrick A
Role
EVP & Chief Scientific Officer
Sold
47,954 shs ($5.73M)
Approx. gross sale proceeds
$5.73M
Approx. exercise cost
$3.59M
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Employee Stock Option (right to buy) F5 | 6,055 | $0.00 | $0.00 |
| Exercise | Common Stock | 6,055 | $105.43 | $638K |
| Sale | Common Stock F1 | 6,055 | $120.43 | $729K |
| Exercise | Employee Stock Option (right to buy) F2 | 2,918 | $0.00 | $0.00 |
| Exercise | Employee Stock Option (right to buy) F3 | 2,284 | $0.00 | $0.00 |
| Exercise | Employee Stock Option (right to buy) F4 | 2,709 | $0.00 | $0.00 |
| Exercise | Employee Stock Option (right to buy) F5 | 3,148 | $0.00 | $0.00 |
| Exercise | Employee Stock Option (right to buy) F6 | 2,072 | $0.00 | $0.00 |
| Exercise | Employee Stock Option (right to buy) F5 | 9,459 | $0.00 | $0.00 |
| Exercise | Employee Stock Option (right to buy) F5 | 2,623 | $0.00 | $0.00 |
| Exercise | Employee Stock Option (right to buy) F5 | 2,864 | $0.00 | $0.00 |
| Exercise | Employee Stock Option (right to buy) F5 | 1,643 | $0.00 | $0.00 |
| Exercise | Employee Stock Option (right to buy) F5 | 3,023 | $0.00 | $0.00 |
| Exercise | Employee Stock Option (right to buy) F5 | 2,623 | $0.00 | $0.00 |
| Exercise | Employee Stock Option (right to buy) F5 | 1,642 | $0.00 | $0.00 |
| Exercise | Employee Stock Option (right to buy) F5 | 2,293 | $0.00 | $0.00 |
| Exercise | Employee Stock Option (right to buy) F5 | 85 | $0.00 | $0.00 |
| Exercise | Employee Stock Option (right to buy) F5 | 326 | $0.00 | $0.00 |
| Exercise | Common Stock | 2,918 | $61.18 | $179K |
| Exercise | Common Stock | 2,284 | $64.25 | $147K |
| Exercise | Common Stock | 2,709 | $61.76 | $167K |
| Exercise | Common Stock | 3,148 | $68.62 | $216K |
| Exercise | Common Stock | 2,072 | $71.93 | $149K |
| Exercise | Common Stock | 9,459 | $72.27 | $684K |
| Exercise | Common Stock | 2,623 | $74.78 | $196K |
| Exercise | Common Stock | 2,864 | $77.67 | $222K |
| Exercise | Common Stock | 1,643 | $80.50 | $132K |
| Exercise | Common Stock | 3,023 | $83.20 | $252K |
| Exercise | Common Stock | 2,623 | $83.58 | $219K |
| Exercise | Common Stock | 1,642 | $85.01 | $140K |
| Exercise | Common Stock | 2,293 | $90.56 | $208K |
| Exercise | Common Stock | 85 | $106.47 | $9K |
| Exercise | Common Stock | 326 | $105.43 | $34K |
| Sale | Common Stock | 14,661 | $119.46 | $1.75M |
| Sale | Common Stock | 5,332 | $119.42 | $637K |
| Sale | Common Stock | 2,187 | $119.47 | $261K |
| Sale | Common Stock | 6,171 | $119.43 | $737K |
| Sale | Common Stock | 4,695 | $119.39 | $561K |
| Sale | Common Stock | 2,864 | $119.40 | $342K |
| Sale | Common Stock | 1,643 | $119.51 | $196K |
| Sale | Common Stock | 1,642 | $119.38 | $196K |
| Sale | Common Stock | 85 | $122.19 | $10K |
| Sale | Common Stock | 326 | $121.69 | $40K |
| Sale | Common Stock | 2,293 | $119.41 | $274K |
Holdings After Transaction:
Employee Stock Option (right to buy) — 10,764 shares (Direct);
Common Stock — 61,441 shares (Direct)
Footnotes (6)
- F1. This includes an aggregate of 59,537 shares of common stock issuable pursuant to previously reported restricted stock units have not vested.
- F2. Options granted on January 18, 2024 and will vest monthly through July 14, 2027
- F3. Options granted on July 15, 2024 and will vest monthly through July 15, 2028
- F4. Options granted on July 14, 2023 and will vest monthly through July 14, 2027
- F5. As of July 31st, 2026, the award is fully vested and exercisable.
- F6. Options granted on January 17, 2025 and will vest monthly through July 15, 2028
Key Figures
Shares sold: 47,954 shares
Options exercised: 45,767 shares
Example sale price: $119.46 per share
+2 more
5 metrics
Shares sold
47,954 shares
Aggregate common stock sales reported for Patrick A. Mayes
Options exercised
45,767 shares
Total shares underlying employee stock options exercised
Example sale price
$119.46 per share
Per-share price for a common stock sale on 2026-07-31
Example exercise price
$61.18 per share
Exercise price for an employee stock option exercised on 2026-07-31
Unvested RSU shares
59,537 shares
Shares underlying previously reported restricted stock units that have not vested
Key Terms
Employee Stock Option (right to buy), restricted stock units, fully vested and exercisable
3 terms
Employee Stock Option (right to buy) financial
"Security title reported as Employee Stock Option (right to buy)"
restricted stock units financial
"59,537 shares of common stock issuable pursuant to previously reported restricted stock units"
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.
fully vested and exercisable financial
"As of July 31st, 2026, the award is fully vested and exercisable."
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transactions did Incyte (INCY) EVP Patrick A. Mayes report?
Patrick A. Mayes reported exercising employee stock options covering 45,767 shares and sale transactions totaling 47,954 shares of Incyte common stock on July 31 and August 3, 2026. These trades were marked as occurring under a Rule 10b5-1 trading plan.
What stock options did Patrick A. Mayes exercise in this Incyte (INCY) Form 4?
He exercised employee stock options covering 45,767 shares of Incyte common stock. The exercised grants carried exercise prices including $61.18, $72.27 and $105.43 per share, with certain awards noted as fully vested and exercisable as of July 31, 2026.
Were Patrick A. Mayes’s Incyte (INCY) trades made under a Rule 10b5-1 plan?
Yes. The filing’s Rule 10b5-1 checkbox indicates that Patrick A. Mayes’s reported option exercises and related stock sale transactions were carried out under a Rule 10b5-1 trading plan, which is a pre-arranged trading program for insiders.
What unvested equity awards does Patrick A. Mayes still have at Incyte (INCY)?
A footnote states that his reported holdings include 59,537 shares of common stock issuable pursuant to previously reported restricted stock units that have not yet vested. These RSU-based shares are separate from the options exercised and shares sold in this Form 4.