INCYTE EVP has 537 shares withheld for taxes
INCYTE CORP executive reports routine tax withholding share disposition.
Sentiment and the balance of points
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Rhea-AI Filing Summary
INCYTE CORP executive reports routine tax withholding share disposition. EVP, GM Dermatology US Matteo Trotta had 537 shares of common stock withheld at a price of $92.23 per share to cover tax obligations tied to previously granted restricted stock units. After this automatic withholding, he directly holds 14,882 common shares. Footnotes state that this figure includes 11,160 shares underlying restricted stock units that are not yet vested.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 537 | $92.23 | $50K |
Footnotes (2)
- F1. 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.
- F2. This includes an aggregate of 11,160 shares of common stock issuable pursuant to previously reported restricted stock units that have not vested.
FAQ
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What insider transaction did INCYTE CORP (INCY) report for Matteo Trotta?
What does Form 4 code F mean in the INCYTE (INCY) insider filing?
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