HARRIGAN EDMUND 4
4 · INCYTE CORP · Filed Jun 10, 2026
Research Summary
AI-generated summary of this filing
Incyte Director Edmund Harrigan Receives RSU Award
What Happened Edmund Harrigan, a director of Incyte Corp (INCY), received awards of restricted stock units on June 8, 2026. The filing reports 1,642 RSUs and 6,111 derivative RSUs granted at $0.00 per share (total cash cost $0). The RSUs may be settled one-for-one for common stock and vest in full on the first anniversary of the grant (or earlier at the next annual stockholder meeting or upon a change of control) per the filing.
Key Details
- Transaction date: 2026-06-08; Form 4 filed 2026-06-10 (timely filing).
- Grant type: Award/Grant (code A).
- Amounts: 1,642 shares @ $0.00 (acquired); 6,111 derivative shares @ $0.00 (acquired) — total 7,753 RSUs.
- Price/value: $0 per RSU; no cash paid on grant.
- Vesting: Vests in full on first anniversary or earlier at next annual meeting or upon change of control (Footnote F1).
- Shares owned after transaction: Not specified in the filing.
- Notable footnotes: F2 states the 1,642 includes previously reported RSUs that have not vested; F3 describes option vesting rules but no option exercise appears in this report.
Context These awards are standard equity compensation for a director and are different from an open-market purchase or sale—RSUs are typically intended as long-term pay and only convert to shares upon vesting. Because the grants were issued at $0, they do not represent a cash purchase; they are not an immediate liquidity event (no immediate sale reported).
Insider Transaction Report
- Award
Common Stock
[F1][F2]2026-06-08+1,642→ 22,764 total - Award
Non Qualfied Stock Option (right to buy)
[F3]2026-06-08+6,111→ 6,111 totalExercise: $100.64Exp: 2036-06-07→ Common Stock (6,111 underlying)
Footnotes (3)
- [F1]This award of restricted stock units ("RSUs") vests in full on the first anniversary of the date of grant or, if earlier, the date of the next regular annual meeting of the Company's stockholders or upon a change of control (as defined in the RSU plan). The RSUs may be settled only for shares of common stock on a one-for-one basis.
- [F2]Including this grant, this includes an aggregate of 1,642 shares of common stock issuable pursuant to previously reported restricted stock units that have not vested.
- [F3]This option vests in full on the first anniversary of the date of grant, or if earlier, the date of the next regular annual meeting of the Company's stockholders or upon change of control (as defined in the option plan).