Incyte Corp (INCY) CMO logs 28,237-share sale and tax withholding moves
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
INCYTE CORP executive Steven H. Stein, CMO & Head of Late-Stage Development, reported multiple common stock transactions. On July 15, 2026, he completed an open-market sale of 28,237 shares at $113.05 per share. On July 14 and 15, a total of 24,918 shares were disposed of through automatic tax withholding tied to the settlement of restricted stock units (RSUs) and earned performance shares, rather than discretionary market sales. Following the reported open-market sale, he reported holding 26,083 shares of common stock directly, and his beneficial ownership figure includes 19,540 shares issuable from unvested RSUs and earned performance-share awards.
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Insights
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Insider Trade Summary 10b5-1
Net Seller: 28,237 shares ($3,192,193)
Net Sell
3 txns
Insider
Stein Steven H
Role
CMO & Head of Late-Stage Dev.
Sold
28,237 shs ($3.19M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 28,237 | $113.05 | $3.19M |
| Tax Withholding | Common Stock | 3,088 | $115.09 | $355K |
| Tax Withholding | Common Stock | 21,830 | $114.88 | $2.51M |
Holdings After Transaction:
Common Stock — 26,083 shares (Direct)
Footnotes (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 19,540 shares of common stock issuable pursuant to previously reported restricted stock units and earned performance shares that have not vested.
Key Figures
Open-market sale shares: 28,237 shares
Open-market sale price: $113.05 per share
Tax withholding shares (total): 24,918 shares
+4 more
7 metrics
Open-market sale shares
28,237 shares
Common stock sold on July 15, 2026 in an open-market transaction
Open-market sale price
$113.05 per share
Average price for 28,237 common shares sold on July 15, 2026
Tax withholding shares (total)
24,918 shares
Shares withheld automatically to satisfy tax obligations on July 14–15, 2026
Tax withholding price 7/14/2026
$114.88 per share
21,830 shares withheld for taxes on July 14, 2026
Tax withholding price 7/15/2026
$115.09 per share
3,088 shares withheld for taxes on July 15, 2026
Shares held after sale
26,083 shares
Directly held common stock reported following the open-market sale on July 15, 2026
Unvested RSU and performance-share amount
19,540 shares
Shares issuable from previously reported restricted stock units and earned performance shares not yet vested
Key Terms
restricted stock units, earned performance shares, tax withholding obligations, open-market sale
4 terms
restricted stock units financial
"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.
tax withholding obligations financial
"withheld automatically by the Issuer to satisfy tax withholding obligations due at settlement"
open-market sale financial
"transaction_action: open-market sale of common stock"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
FAQ
What insider stock transactions did Incyte (INCY) executive Steven H. Stein report?
Steven H. Stein reported an open-market sale of 28,237 Incyte shares on July 15, 2026, at $113.05 per share, plus two additional dispositions totaling 24,918 shares that were automatically withheld to cover tax obligations on RSUs and earned performance shares.
What equity awards are referenced in Steven H. Stein’s Incyte (INCY) Form 4 filing?
The filing notes that his beneficial ownership figure includes 19,540 shares of common stock issuable under previously reported restricted stock units (RSUs) and earned performance shares that have not yet vested, highlighting a significant component of compensation-based equity rather than only current, vested holdings.