Thomas Tray - 18 Dec 2025 Form 4 Insider Report for INCYTE CORP (INCY)

Signature
/s/ Elizabeth Feeney, Attorney-In-Fact
Issuer symbol
INCY
Transactions as of
18 Dec 2025
Transactions value $
-$70,712
Form type
4
Filing time
22 Dec 2025, 20:46:56 UTC
Previous filing
25 Nov 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Tray Thomas Principal Accounting Officer 1801 AUGUSTINE CUT-OFF, WILMINGTON /s/ Elizabeth Feeney, Attorney-In-Fact 22 Dec 2025 0001912317

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction INCY Common Stock Sale -$59K -600 -2.55% $98.25 23K 18 Dec 2025 Direct
transaction INCY Common Stock Options Exercise $100K +1.04K +4.54% $95.76 24K 19 Dec 2025 Direct
transaction INCY Common Stock Options Exercise $166K +1.73K +7.2% $95.76 25.7K 19 Dec 2025 Direct
transaction INCY Common Stock Sale -$277K -2.77K -10.77% $100.00 23K 19 Dec 2025 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction INCY Incentive Stock Option (right to buy) Options Exercise $0 -1.04K -100% $0.00 0 19 Dec 2025 Common Stock 1.04K $95.76 Direct F2
transaction INCY Non-Qualified Stock Option (right to buy) Options Exercise $0 -1.73K -100% $0.00 0 19 Dec 2025 Common Stock 1.73K $95.76 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 This includes an aggregate of 15,166 shares of common stock issuable pursuant to previously reported restricted stock units that have not vested.
F2 As of March 11,2022, the award is fully vested and exercisable.