Clancy Paul J 4
Research Summary
AI-generated summary
Incyte (INCY) Director Paul J. Clancy Receives RSU Award
What Happened
- Paul J. Clancy, a director of Incyte Corporation (INCY), was granted a total of 7,753 restricted stock units (RSUs) on 2026-06-08: 1,642 RSUs (non-derivative) and 6,111 RSUs (reported as derivative). Each grant was recorded at $0.00 (compensation award), so no cash was exchanged. These awards are compensation grants rather than open-market purchases or sales.
Key Details
- Transaction date: 2026-06-08; Form 4 filed 2026-06-10 (timely filing).
- Grants: 1,642 RSUs (non-derivative) and 6,111 RSUs (derivative) — total 7,753 RSUs; reported price $0.00.
- Shares owned after transaction: not specified in the filing.
- Footnotes:
- F1: RSUs vest in full on the first anniversary of grant, or earlier at the next annual stockholder meeting or upon a change of control; RSUs settle one-for-one in common stock.
- F2: Notes inclusion of an aggregate of 1,642 shares issuable under previously reported unvested RSUs.
- F3: Describes vesting terms for an option (appears in footnotes but is not directly tied to these RSU grants).
- Transaction code: A = Award/Grant.
Context
- These are compensation awards to a director and are typically routine (not an open-market purchase or sale). Because the RSUs vest over time and settle for shares one-for-one, they do not represent an immediate cash investment signal. The filing was submitted within the normal two-business-day window.