Heeson Lee 4

What Happened

• Heeson Lee, Executive Vice President and Head of Incyte International, received a grant of 8,911 restricted stock units (RSUs) on January 16, 2026. The award was recorded at $0.00 cash value on the Form 4 (i.e., no purchase price); the RSUs convert one-for-one into common stock upon vesting.

Key Details

• Transaction date: 2026-01-16; reported on Form 4 filed 2026-01-21 (appears to be filed one business day late).
• Grant size and price: 8,911 RSUs granted; acquisition price reported as $0.00 (typical for compensation awards).
• Vesting: RSUs vest 25% annually over four years (per footnote).
• Unvested RSUs: Including this grant, an aggregate of 35,078 shares remain issuable under previously reported, unvested RSU awards.
• No indication of a sale, option exercise, tax withholding, or 10b5-1 plan in this filing.

Context

• This is a standard equity compensation award intended for retention/compensation; it is neither a market purchase nor a sale. Such grants increase potential future share issuance as they vest but do not represent immediate cash proceeds or sales by the insider.