Incyte Corp (INCY) awards RSUs, options and performance shares to EVP
Rhea-AI Filing Summary
Incyte Corp EVP, Human Resources Ramitpal K. Basi received multiple equity awards. On July 16, 2026, he was granted 4,991 restricted stock units vesting 25% annually over four years, 21,548 employee stock options with a $116.65 exercise price vesting over four years, and 12,479 performance shares that may deliver up to 200% of one share each based on relative total shareholder return over a three-year period. In total, 11,497 shares of common stock are issuable upon vesting of his outstanding restricted stock units.
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Insider Trade Summary
Net Buyer: 4,991 shares
Net Buy
3 txns
Insider
Basi Ramitpal K
Role
EVP, Human Resources
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Performance Shares F3 | 12,479 | $0.00 | $0.00 |
| Grant/Award | Employee Stock Option (right to buy) F4 | 21,548 | $0.00 | $0.00 |
| Grant/Award | Common Stock F1, F2 | 4,991 | $0.00 | $0.00 |
Holdings After Transaction:
Performance Shares — 12,479 shares (Direct);
Employee Stock Option (right to buy) — 21,548 shares (Direct);
Common Stock — 11,497 shares (Direct)
Footnotes (4)
- F1. Represents award of restricted stock units ("RSUs") that will vest 25% annually over four years. The RSUs may be settled only for shares of common stock on a one-for-one basis.
- F2. Including the July 16, 2026 grant, this includes an aggregate of 11,497 shares of common stock issuable pursuant to previously reported restricted stock units that have not vested.
- F3. Each performance share represents the right to receive up to 200% of one share of common stock. Such shares may be earned based upon the issuer's relative total shareholder return ("TSR") over a three-year performance period beginning on January 1, 2026 as compared to the TSR of companies in a fixed peer group, as set forth in the Performance Share Award Agreement. The earned shares will vest on the third anniversary of the grant date subject to the Reporting Person's continued service with the issuer.
- F4. The July 16, 2026 options become exercisable in 37 installments, with the first 25% vesting after one year and the remainder vesting monthly over three years. Remarks:
Key Figures
RSUs granted: 4,991 shares
Stock options granted: 21,548 options
Option exercise price: $116.65 per share
+4 more
7 metrics
RSUs granted
4,991 shares
Restricted stock units granted on July 16, 2026; vest 25% annually over four years.
Stock options granted
21,548 options
Employee stock options granted on July 16, 2026 with $116.65 exercise price, expiring July 15, 2036.
Option exercise price
$116.65 per share
Exercise price for the July 16, 2026 employee stock option grant.
Performance shares granted
12,479 units
Performance shares granted July 16, 2026; each may deliver up to 200% of one share based on TSR.
RSU shares issuable
11,497 shares
Common shares issuable from outstanding unvested restricted stock units held after the July 16, 2026 grant.
Performance period start
January 1, 2026
Beginning of the three-year relative total shareholder return period for performance shares.
Option expiration date
July 15, 2036
Expiration date of the employee stock options granted on July 16, 2026.
Key Terms
restricted stock units ("RSUs"), Performance Shares, relative total shareholder return ("TSR"), fixed peer group, +1 more
5 terms
restricted stock units ("RSUs") financial
"Represents award of restricted stock units ("RSUs") that will vest 25% annually"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
fixed peer group financial
"as compared to the TSR of companies in a fixed peer group, as set forth"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What equity awards did Incyte (INCY) grant to EVP Ramitpal K. Basi on July 16, 2026?
Incyte granted Basi 4,991 RSUs, 21,548 employee stock options, and 12,479 performance shares on July 16, 2026. RSUs and options vest over four years, while performance shares depend on three-year relative TSR and vest on the third anniversary of grant.
How many restricted stock units did Ramitpal K. Basi receive from Incyte (INCY) and how do they vest?
Basi received 4,991 restricted stock units that vest 25% annually over four years. These RSUs settle only in common stock on a one-for-one basis, contributing to a total of 11,497 shares issuable from his outstanding unvested RSU awards.
What are the terms of Ramitpal K. Basi’s new Incyte (INCY) stock options?
Basi was granted 21,548 employee stock options with a $116.65 exercise price, expiring on July 15, 2036. The options vest in 37 installments: 25% after one year, with the remaining 75% vesting monthly over the following three years.
Were Ramitpal K. Basi’s Incyte (INCY) equity transactions made under a Rule 10b5-1 trading plan?
The disclosure indicates no Rule 10b5-1 trading plan for these transactions. All reported awards on July 16, 2026 are compensation-related grants and not sales or purchases executed under a pre-arranged trading program.