Paula J. Swain - 02 Jul 2025 Form 4 Insider Report for INCYTE CORP (INCY)

Role: EVP, Human Resources
Signature: /s/ Elizabeth Feeney, Attorney-In-Fact
Issuer symbol: INCY
Transactions as of: 02 Jul 2025
Net transactions value: -$428,448
Form type: 4
Filing time: 07 Jul 2025, 16:56:19 UTC
Previous filing: 03 Apr 2025
Next filing: 16 Jul 2025
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
SWAIN PAULA J	EVP, Human Resources	1801 AUGUSTINE CUT-OFF, WILMINGTON	/s/ Elizabeth Feeney, Attorney-In-Fact	07 Jul 2025	0001236934

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	INCY	Common Stock	Tax liability	$428,448	-6,285	-5.9%	$68.17	101,059	02 Jul 2025	Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents shares withheld automatically by the Issuer to satisfy tax withholding obligations due at settlement of RSUs or earned performance shares previously reported in Table I as common stock.
F2	This includes an aggregate of 34,329 shares of common stock issuable pursuant to previously reported restricted stock units and earned performance stock units that have not vested.