Incyte Corp (NASDAQ: INCY) PAO reports 1,790 shares withheld for RSU taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
INCYTE CORP Principal Accounting Officer Tray Thomas reported two tax-withholding dispositions of common stock related to restricted stock unit settlements, totaling 1,790 shares on July 14–15, 2026. After these withholdings, Thomas holds 18,865 shares directly, including 10,236 shares issuable from unvested restricted stock units.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Tray Thomas
Role
Principal Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 1,098 | $115.09 | $126K |
| Tax Withholding | Common Stock | 692 | $114.88 | $79K |
Holdings After Transaction:
Common Stock — 18,865 shares (Direct)
Footnotes (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. This includes an aggregate of 10,236 shares of common stock issuable pursuant to previously reported restricted stock units that have not vested.
Key Figures
Tax-withheld shares on July 15, 2026: 1,098 shares at $115.0900 per share
Tax-withheld shares on July 14, 2026: 692 shares at $114.8800 per share
Total tax-withholding shares: 1,790 shares
+3 more
6 metrics
Tax-withheld shares on July 15, 2026
1,098 shares at $115.0900 per share
Shares withheld to satisfy tax obligations on RSU settlement
Tax-withheld shares on July 14, 2026
692 shares at $114.8800 per share
Shares withheld to satisfy tax obligations on RSU settlement
Total tax-withholding shares
1,790 shares
Combined F-code tax-withholding dispositions reported in this Form 4
Shares held after July 15, 2026
18,865 shares
Direct ownership of Incyte common stock following the latest tax withholding
Shares held after July 14, 2026
19,963 shares
Direct ownership of Incyte common stock immediately after the first withholding
Unvested RSU-related shares
10,236 shares
Common shares issuable pursuant to previously reported restricted stock units that have not vested
Key Terms
restricted stock units, tax withholding obligations, Payment of exercise price or tax liability by delivering securities
3 terms
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 due at settlement"
Payment of exercise price or tax liability by delivering securities financial
"transaction code description: Payment of exercise price or tax liability by delivering securities"
FAQ
What insider transactions did INCYTE CORP (INCY) officer Tray Thomas report?
Principal Accounting Officer Tray Thomas reported two Form 4 tax-withholding dispositions of INCYTE CORP common stock, totaling 1,790 shares on July 14 and 15, 2026, in connection with the settlement of previously granted restricted stock units.
Were Tray Thomas’s Form 4 transactions in INCYTE CORP (INCY) open-market stock sales?
No. Both transactions are coded F and described as tax-withholding dispositions, meaning shares were withheld automatically by the issuer to satisfy tax liabilities on restricted stock unit settlements rather than sold in discretionary open-market trades.
What was the size and pricing of each tax-withholding transaction reported by Tray Thomas in INCY?
On July 14, 2026, 692 shares were withheld at $114.8800 per share. On July 15, 2026, a further 1,098 shares were withheld at $115.0900 per share, for a combined tax-withholding total of 1,790 shares of INCYTE CORP common stock.
What does the F transaction code mean in Tray Thomas’s INCYTE CORP (INCY) Form 4?
The F transaction code reflects “Payment of exercise price or tax liability by delivering securities.” For Thomas, it indicates shares of INCYTE CORP common stock were withheld to satisfy tax withholding obligations on restricted stock unit settlements rather than being sold for investment reasons.