Clancy Paul J 4

What Happened
Paul J. Clancy, a director of Incyte Corp (INCY), was issued 265 restricted shares on 2026-03-31 at an implicit price of $94.12 per share, equal to $24,942. The shares were granted under the company's Amended and Restated 2010 Stock Incentive Plan in lieu of quarterly director retainer fees and are fully vested.

Key Details

• Transaction date: 2026-03-31; Price per share: $94.12; Total value: $24,942.
• Transaction type: Award/Acquisition (restricted shares issued in lieu of director fees).
• Footnote F1: Shares issued under the 2010 Stock Incentive Plan pursuant to an election intended to comply with Rule 10b5-1; restricted shares are fully vested.
• Footnote F2: The filing notes an aggregate of 2,518 shares issuable under previously reported restricted stock units that have not vested.
• Filing: Report filed 2026-04-02 — appears to have been submitted within the typical two-business-day Form 4 window.

Context
This was a compensation-related issuance (awarded in lieu of cash fees), not an open-market buy or sale, so it reflects routine director pay rather than an independent purchase or divestment signal. Restricted shares are fully vested per the filing; the report also references additional unvested RSUs (2,518 shares) previously disclosed.