Incyte director receives 269-share stock grant
HARRIGAN EDMUND reported acquisition or exercise transactions in this Form 4 filing.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
HARRIGAN EDMUND reported acquisition or exercise transactions in this Form 4 filing.
INCYTE CORP director Edmund Harrigan received 269 shares of common stock as a fully vested restricted stock award. The shares were issued under Incyte’s Amended and Restated 2010 Stock Incentive Plan in lieu of quarterly director retainer fees, pursuant to a pre-arranged Rule 10b5-1 election. After this grant, he directly holds 21,122 shares of common stock, which includes 2,518 shares issuable from previously reported restricted stock units that have not yet vested.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 269 | $94.12 | $25K |
Footnotes (2)
- F1. Restricted shares issued to the Reporting Person under the Issuer's Amended and Restated 2010 Stock Incentive Plan in lieu of quarterly director retainer fees pursuant to an election by the Reporting Person intended to comply with Rule 10b5-1. Restricted shares are fully vested.
- F2. This includes an aggregate of 2,518 shares of common stock issuable pursuant to previously reported restricted stock units that have not vested.
Key Figures
Key Terms
Amended and Restated 2010 Stock Incentive Plan financial
Rule 10b5-1 regulatory
restricted stock units financial
quarterly director retainer fees financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did INCYTE (INCY) director Edmund Harrigan report?
Was the INCYTE (INCY) stock grant to Edmund Harrigan part of a 10b5-1 plan?
What price was used for the restricted stock grant to INCYTE (INCY) director Edmund Harrigan?
What unvested equity does INCYTE (INCY) director Edmund Harrigan still have outstanding?
AI-generated analysis. How Rhea-AI works. Not financial advice.