Form 4: Incyte Officer Sells Shares Under 10b5-1 Plan

Incyte's Principal Accounting Officer, Tray Thomas, reported the sale of 769 shares of common stock across two transactions in late November 2025.

Summary

• Tray Thomas, Principal Accounting Officer of Incyte Corp (INCY), reported two transactions involving the sale of common stock.
• On November 21, 2025, 169 shares of common stock were sold at a price of $102 per share.
• On November 24, 2025, an additional 600 shares of common stock were sold at a price of $103 per share.
• These transactions were made pursuant to a Rule 10b5-1(c) contract, instruction, or written plan.
• Following these transactions, Tray Thomas beneficially owns 23,573 shares of common stock.
• The reported beneficial ownership includes 15,166 shares of common stock issuable from previously reported restricted stock units granted on July 15, 2025, which have not yet vested.

Sentiment

Score: 5

Explanation: The filing reports a routine insider sale of a relatively small number of shares by a Principal Accounting Officer under a pre-arranged 10b5-1 plan, which is generally considered neutral in terms of market sentiment.

Stakeholder Impact

• Shareholders: The sale represents a very small fraction of the company's outstanding shares and is unlikely to have a material impact on share price or ownership structure. The pre-planned nature (10b5-1) suggests it's not based on new material non-public information.

Key Dates

Keywords

INCYTE CORP, INCY, Form 4, Insider Trading, Stock Sale, Officer Transaction, Tray Thomas, Principal Accounting Officer, 10b5-1 Plan