Incyte officer Pablo J. Cagnoni sells 2,642 shares
For the 839-share option lot, options become exercisable in 37 installments beginning January 17, 2025, with the first 25% vesting on July 15, 2025.
Sentiment and the balance of points
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Rhea-AI Filing Summary
Incyte Corp (INCY) officer Pablo J. Cagnoni, President, Global Head of R&D, exercised employee stock options on October 15, 2026, for four lots: 839 shares at $71.93, 423 at $61.76, 455 at $61.18 and 925 at $64.25 per share. He also reported selling 2,642 common shares at $112.71 per share. The reported transactions were made pursuant to a Rule 10b5-1 plan.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Employee Stock Option (right to buy) F2 | 839 | $0.00 | $0.00 |
| Exercise | Employee Stock Option (right to buy) F3 | 423 | $0.00 | $0.00 |
| Exercise | Employee Stock Option (right to buy) F4 | 455 | $0.00 | $0.00 |
| Exercise | Employee Stock Option (right to buy) F5 | 925 | $0.00 | $0.00 |
| Exercise | Common Stock | 839 | $71.93 | $60K |
| Exercise | Common Stock | 423 | $61.76 | $26K |
| Exercise | Common Stock | 455 | $61.18 | $28K |
| Exercise | Common Stock | 925 | $64.25 | $59K |
| Sale | Common Stock F1 | 2,642 | $112.71 | $298K |
Footnotes (5)
- F1. This includes an aggregate of 183,200 shares of common stock issuable pursuant to previously reported restricted stock units and earned performance stock units that have not vested.
- F2. Beginning January 17, 2025, options become exercisable in 37 installments, with the first 25% vesting on July 15, 2025 and the remainder vesting monthly over three years.
- F3. The July 14, 2023 options become exercisable in 37 installments, with the first 25% vesting after one year and the remainder vesting monthly over three years.
- F4. Beginning January 18, 2024, options become exercisable in 37 installments, with the first 25% vesting on July 14, 2024 and the remainder vesting monthly over three years.
- F5. The July 15, 2024 options become exercisable in 37 installments, with the first 25% vesting after one year and the remainder vesting monthly over three years.
Key Figures
Key Terms
Employee Stock Option (right to buy) technical
restricted stock units technical
earned performance stock units technical
FAQ
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What INCY options did Pablo J. Cagnoni exercise?
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