Michael James Morrissey - 01 Dec 2025 Form 4 Insider Report for INCYTE CORP (INCY)

Role: EVP, Head of Tech. Operations
Signature: /s/ Elizabeth Feeney, Attorney-In-Fact
Issuer symbol: INCY
Transactions as of: 01 Dec 2025
Net transactions value: -$33,265
Form type: 4
Filing time: 03 Dec 2025, 16:36:23 UTC
Previous filing: 17 Jul 2025
Next filing: 18 Dec 2025
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Morrissey Michael James	EVP, Head of Tech. Operations	1801 AUGUSTINE CUT-OFF, WILMINGTON	/s/ Elizabeth Feeney, Attorney-In-Fact	03 Dec 2025	0001780915

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	INCY	Common Stock	Tax liability	$33,265	-326	-0.38%	$102.04	85,838	01 Dec 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 restricted stock units previously reported in Table I as common stock.
F2	Includes an aggregate of 27,507 shares of common stock issuable pursuant to previously reported restricted stock units and earned performance stock units that have not vested.