Form 4: Incyte Corp Executive Sheila Denton Reports Stock Transactions
SEC Form 4 Filing
Sheila Denton, EVP & General Counsel of Incyte Corp, reports the acquisition and disposal of common stock and the exercise of employee stock options.
Summary
- On March 4, 2025, Sheila Denton, EVP & General Counsel of Incyte Corp, reported transactions involving Incyte's common stock.
- Denton exercised options to acquire 599 shares at a price of $58.06.
- Concurrently, Denton disposed of 599 shares at a price of $69.99.
- Following these transactions, Denton directly owns 25,848 shares of common stock.
- Denton also holds options for 18,552 shares.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions by an executive, indicating neutral sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the trading activities of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.
Stakeholder Impact
- The transactions may provide insights to shareholders regarding the executive's view on the company's stock value.
Key Dates
| Date | Description |
|---|---|
| 10/02/2023 | Options become exercisable in 37 installments |
| 10/02/2024 | First 25% of options vest |
| 03/04/2025 | Date of transaction: Exercise of options and sale of shares |
| 03/06/2025 | Date of signature on the Form 4 filing |
| 10/02/2033 | Expiration date of employee stock options |
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