Incyte Corp (INCY) grants RSUs and stock options to accounting chief
Rhea-AI Filing Summary
Incyte Corp reported that Principal Accounting Officer Tray Thomas received equity awards on July 16, 2026. He was granted 2,834 restricted stock units (RSUs), vesting 25% annually over four years, and 4,079 employee stock options with a $116.65 exercise price, expiring July 15, 2036, vesting 25% after one year then monthly over three years. Following these grants he directly holds 21,699 common shares, including 13,070 shares issuable from previously reported unvested RSUs.
Positive
- None.
Negative
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Insider Trade Summary
Net Buyer: 2,834 shares
Net Buy
2 txns
Insider
Tray Thomas
Role
Principal Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Employee Stock Option (right to buy) F3 | 4,079 | $0.00 | -- |
| Grant/Award | Common Stock F1, F2 | 2,834 | $0.00 | -- |
Holdings After Transaction:
Employee Stock Option (right to buy) — 4,079 shares (Direct);
Common Stock — 21,699 shares (Direct)
Footnotes (3)
- 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 13,070 shares of common stock issuable pursuant to previously reported restricted stock units that have not vested.
- F3. 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: 2,834 shares
Stock options granted: 4,079 options
Option exercise price: $116.65 per share
+3 more
6 metrics
RSUs granted
2,834 shares
Restricted stock units granted to Tray Thomas on July 16, 2026
Stock options granted
4,079 options
Employee stock options for Incyte common stock granted on July 16, 2026
Option exercise price
$116.65 per share
Exercise price of employee stock options granted to Tray Thomas
Common shares held after grant
21,699 shares
Direct Incyte common stock holdings following the July 16, 2026 awards
Unvested RSU underlying shares
13,070 shares
Shares issuable from previously reported unvested RSUs including the new grant
Option vesting installments
37 installments
Number of installments in which the July 16, 2026 options become exercisable
Key Terms
restricted stock units ("RSUs"), Employee Stock Option (right to buy), exercisable in 37 installments
3 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.
Employee Stock Option (right to buy) financial
"Employee Stock Option (right to buy) with an exercise price of 116.6500"
exercisable in 37 installments financial
"The July 16, 2026 options become exercisable in 37 installments, with the first 25%"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider equity awards did Tray Thomas report for INCY?
Tray Thomas, Principal Accounting Officer of Incyte Corp (INCY), reported receiving 2,834 RSUs and 4,079 employee stock options on July 16, 2026. Both awards relate to Incyte common stock and were coded as compensation grants rather than market purchases or sales.
How many INCY restricted stock units were granted and how do they vest?
Thomas received 2,834 restricted stock units (RSUs). These RSUs vest 25% annually over four years, and each vested unit may be settled only for one share of Incyte common stock, creating a one-for-one share issuance as vesting occurs.
What are the terms of Tray Thomas's new INCY stock options?
He was granted 4,079 employee stock options for Incyte common stock with a $116.65 exercise price, expiring on July 15, 2036. The options become exercisable in 37 installments: 25% after one year and the remainder vesting monthly over three years.
Were Tray Thomas's INCY transactions under a Rule 10b5-1 trading plan?
No. The Form 4 indicates the Rule 10b5-1 checkbox is not marked, and there is no footnote stating these awards were made under a Rule 10b5-1 or other pre-arranged trading plan. They are reported solely as equity compensation grants.