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

Reporting relationship: Principal Accounting Officer
Issuer ticker: INCY
Reported as of: 18 Dec 2025
Net transaction value: -$70,712
SEC form: 4
Accepted by SEC: 22 Dec 2025, 20:46:56 UTC
Prior SEC filing: 25 Nov 2025
Next SEC filing: 21 Jan 2026
Source filing: View source filing
Reporting owner signature: /s/ Elizabeth Feeney, Attorney-In-Fact

Key filing fact

Thomas Tray filed Form 4 for INCYTE CORP (INCY) on 22 Dec 2025.

Key facts

This page summarizes Thomas Tray's Form 4 filing for INCYTE CORP (INCY).
6 reported transactions and 2 derivative rows are listed below.
Accepted by SEC: 22 Dec 2025, 20:46.

Change

Previous filing in this sequence was filed on 25 Nov 2025.
Current net transaction value: -$70,712.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (1)

CIK 0001912317 Primary reporting owner

Tray Thomas

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

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

INCY transaction

Common Stock

Sale

Transaction value: $58,950
Shares: -600
Change %: -2.5%
Price: $98.25
Shares after: 22,973
Date: 18 Dec 2025
Ownership: Direct

INCY transaction

Common Stock

Options Exercise

Transaction value: $99,973
Shares: +1,044
Change %: +4.5%
Price: $95.76
Shares after: 24,017
Date: 19 Dec 2025
Ownership: Direct

INCY transaction

Common Stock

Options Exercise

Transaction value: $165,665
Shares: +1,730
Change %: +7.2%
Price: $95.76
Shares after: 25,747
Date: 19 Dec 2025
Ownership: Direct

INCY transaction

Common Stock

Sale

Transaction value: $277,400
Shares: -2,774
Change %: -11%
Price: $100.00
Shares after: 22,973
Date: 19 Dec 2025
Ownership: Direct
Footnotes: F1

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

INCY transaction Derivative

Incentive Stock Option (right to buy)

Options Exercise

Transaction value: $0
Shares: -1,044
Change %: -100%
Price: $0.000000
Shares after: 0
Date: 19 Dec 2025
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 1,044
Exercise price: $95.76
Footnotes: F2

INCY transaction Derivative

Non-Qualified Stock Option (right to buy)

Options Exercise

Transaction value: $0
Shares: -1,730
Change %: -100%
Price: $0.000000
Shares after: 0
Date: 19 Dec 2025
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 1,730
Exercise price: $95.76
Footnotes: F2

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Rule 10b5-1 trading plan

These transactions were reported as open-market trades under a Rule 10b5-1 plan. The plan lets an insider set trading instructions in advance, which can reduce the risk of trading while in possession of material nonpublic information.

Original filing language: transaction made pursuant to a contract, instruction, or written plan intended to satisfy Rule 10b5-1(c).

Explanation of responses 2 footnotes

Footnote F1

This includes an aggregate of 15,166 shares of common stock issuable pursuant to previously reported restricted stock units that have not vested.

Footnote F2

As of March 11,2022, the award is fully vested and exercisable.