Heeson Lee 4

What Happened

• Heeson Lee, EVP and Head of Incyte International, had 111 shares of Incyte (INCY) withheld to satisfy tax withholding obligations tied to previously reported restricted stock units (RSUs). The shares were valued at $102.67 each, totaling about $11,396.

Key Details

• Transaction date: 2026-02-02; Filing date: 2026-02-04 (appears timely).
• Price per share: $102.67; Shares withheld/disposed: 111; Total value ≈ $11,396.
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Footnote F1: These shares were automatically withheld by the issuer to satisfy tax withholding at RSU settlement.
• Footnote F2: The filing notes an aggregate of 33,496 shares issuable from previously reported RSUs that have not vested.

Context

• This was a tax-withholding disposition (routine administrative transaction), not an open-market sale intended as a directional bet. Withholdings to cover taxes are common when RSUs vest and generally do not signal insider confidence changes.