Research Summary
AI-generated summary of this SEC filing
Incyte (INCY) Pablo J. Cagnoni Sells Shares
What Happened Pablo J. Cagnoni, President and Global Head of R&D at Incyte Corporation, sold 10,801 shares of INCY common stock in an open-market sale on August 19, 2026. The shares traded at $125.56 each, producing gross proceeds of approximately $1,356,174. This was a sale (disposition) rather than a purchase or exercise.
Key Details
- Transaction date and price: 2026-08-19 — 10,801 shares at $125.56 per share.
- Total value: ~ $1,356,174 (gross proceeds).
- Shares owned after transaction: not disclosed in this Form 4 filing.
- Footnote: filing notes an aggregate of 183,200 shares issuable pursuant to previously reported restricted stock units and earned performance stock units that have not vested.
- Filing timeliness: Form 4 filed 2026-08-20 (filed the day after the transaction), which is within the standard reporting window; no late-filing indication.
- No 10b5-1 trading plan or other special instructions are disclosed in this filing.
Context Insider sales are common and can reflect many personal or administrative reasons; they do not by themselves indicate a change in an insider’s view of the company. For retail investors, purchases typically carry more informational weight than routine sales. The noted unvested RSUs/PSUs (183,200 shares) are separate from the sold shares and remain subject to vesting conditions.