CAGNONI PABLO J 4
4 · INCYTE CORP · Filed Jul 16, 2025
Insider Transaction Report
Form 4
INCYTE CORPINCY
CAGNONI PABLO J
President, R&D
Transactions
- Award
Performance Shares
2025-07-15+43,846→ 43,846 totalExp: 2028-07-15→ Common Stock (43,846 underlying) - Tax Payment
Common Stock
2025-07-15$68.25/sh−2,628$179,361→ 217,262 total - Tax Payment
Common Stock
2025-07-14$69.98/sh−1,280$89,574→ 219,890 total - Award
Common Stock
2025-07-15+17,538→ 234,800 total - Award
Employee Stock Option (right to buy)
2025-07-15+39,471→ 39,471 totalExercise: $68.25Exp: 2035-07-14→ Common Stock (39,471 underlying)
Footnotes (5)
- [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]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.
- [F3]Including the July 15, 2025 grant, this includes an aggregate of 229,661 shares of common stock issuable pursuant to previously reported restricted stock units and earned performance stock units that have not vested.
- [F4]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, 2025 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.
- [F5]The July 15, 2025 options become exercisable in 37 installments, with the first 25% vesting after one year and the remainder vesting monthly over three years.