Clancy Paul J 4

What Happened

• Paul J. Clancy, a director of Incyte Corp (INCY), was granted 252 restricted shares on 2026-06-30 at an attributable value of $113.36 per share, totaling $28,567. This was an award/acquisition (not a market purchase or sale) issued in lieu of a quarterly director retainer.

Key Details

• Transaction date and terms: 252 restricted shares granted on 2026-06-30 at $113.36/share (total $28,567). Transaction code: A (award/grant).
• Vesting/transferability: Footnote indicates the restricted shares are fully vested.
• Plan and compliance: Shares issued under the Issuer’s Amended and Restated 2010 Stock Incentive Plan and were elected in lieu of cash retainer pursuant to an election intended to comply with Rule 10b5-1.
• Outstanding/unvested awards: Including this grant, an aggregate of 1,642 shares remain issuable pursuant to previously reported restricted stock units that have not vested (per filing footnote).
• Filing timeliness: Form 4 was filed 2026-07-02 for a 2026-06-30 transaction — appears to be filed within the required reporting window (timely).

Context

• This was compensation for board service (director retainer converted to restricted stock). Such awards are routine and reflect compensation policy rather than a direct buy/sell signal about the stock.
• Because the shares are described as restricted but fully vested, they are not subject to further vesting conditions; however, no sale was reported in this filing.