Form 4: Incyte President Sells Shares
Insider Transaction (Form 4)
Pablo J Cagnoni, President, Global Head of R&D of Incyte Corp, sold 23,218 shares of common stock on September 15, 2026.
Summary
- Option exercise/conversion: acquired 2,957 Common Stock at $61.76 ($182,624) on September 15, 2026; holds 186,157 after (Direct).
- Option exercise/conversion: acquired 4,551 Common Stock at $61.18 ($278,430) on September 15, 2026; holds 190,708 after (Direct).
- Option exercise/conversion: acquired 6,477 Common Stock at $64.25 ($416,147) on September 15, 2026; holds 197,185 after (Direct).
- Option exercise/conversion: acquired 9,233 Common Stock at $71.93 ($664,130) on September 15, 2026; holds 206,418 after (Direct).
- Open-market sale: disposed of 9,233 Common Stock at $120.50 ($1,112,576) on September 15, 2026; holds 197,185 after (Direct).
- Open-market sale: disposed of 13,985 Common Stock at $120.49 ($1,685,053) on September 15, 2026; holds 183,200 after (Direct).
- Option exercise/conversion: disposed of 2,957 Employee Stock Option (right to buy) on September 15, 2026; holds 4,225 after (Direct).
- Option exercise/conversion: disposed of 4,551 Employee Stock Option (right to buy) on September 15, 2026; holds 4,551 after (Direct).
- Option exercise/conversion: disposed of 6,477 Employee Stock Option (right to buy) on September 15, 2026; holds 20,356 after (Direct).
- Option exercise/conversion: disposed of 9,233 Employee Stock Option (right to buy) on September 15, 2026; holds 18,466 after (Direct).
Sentiment
Score: 4
Explanation: StockSavvy.ai views this as a mildly negative but low-conviction signal: an insider sold $2,797,629 of stock under a pre-arranged Rule 10b5-1 plan, which is typically routine.
Insider Transactions
Pablo J Cagnoni — Officer (President, Global Head of R&D)
Transaction made under a Rule 10b5-1 trading plan.
| Date | Transaction | Security | Shares | Price | Value | Held After |
|---|---|---|---|---|---|---|
| 2026-09-15 | Option exercise/conversion | Common Stock | 2,957 | $62 | $182.6K | 186,157 |
| 2026-09-15 | Option exercise/conversion | Common Stock | 4,551 | $61 | $278.4K | 190,708 |
| 2026-09-15 | Option exercise/conversion | Common Stock | 6,477 | $64 | $416.1K | 197,185 |
| 2026-09-15 | Option exercise/conversion | Common Stock | 9,233 | $72 | $664.1K | 206,418 |
| 2026-09-15 | Open-market sale | Common Stock | 9,233 | $121 | $1.1M | 197,185 |
| 2026-09-15 | Open-market sale | Common Stock | 13,985 | $120 | $1.7M | 183,200 |
| 2026-09-15 | Option exercise/conversion | Employee Stock Option (right to buy) | 2,957 | — | — | 4,225 |
| 2026-09-15 | Option exercise/conversion | Employee Stock Option (right to buy) | 4,551 | — | — | 4,551 |
| 2026-09-15 | Option exercise/conversion | Employee Stock Option (right to buy) | 6,477 | — | — | 20,356 |
| 2026-09-15 | Option exercise/conversion | Employee Stock Option (right to buy) | 9,233 | — | — | 18,466 |
Key Dates
| Date | Description |
|---|---|
| 2026-09-15 | Option exercise/conversion (2,957 shares) |
| 2026-09-15 | Option exercise/conversion (4,551 shares) |
| 2026-09-15 | Option exercise/conversion (6,477 shares) |
| 2026-09-15 | Option exercise/conversion (9,233 shares) |
| 2026-09-15 | Open-market sale (9,233 shares) |
| 2026-09-15 | Open-market sale (13,985 shares) |
| 2026-09-15 | Option exercise/conversion (2,957 shares) |
| 2026-09-15 | Option exercise/conversion (4,551 shares) |
| 2026-09-15 | Option exercise/conversion (6,477 shares) |
| 2026-09-15 | Option exercise/conversion (9,233 shares) |
Keywords
insider transaction, Form 4, INCY, INCYTE CORP, bearish, Pablo J Cagnoni
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