Issa Mohamed Khairie 4
4 · INCYTE CORP · Filed Jul 16, 2026
Research Summary
AI-generated summary of this filing
Incyte (INCY) EVP Issa Khairie Withholds 1,099 Shares for Taxes
What Happened
Issa Mohamed Khairie, EVP and Head of U.S. Commercial at Incyte Corporation, had 1,099 shares withheld on 2026-07-15 to satisfy tax withholding obligations related to previously reported restricted stock units (RSUs). The shares were valued at $115.09 each, for a total of $126,484. This was a withholding for taxes (Form 4 transaction code F), not an open-market sale.
Key Details
- Transaction date and price: 2026-07-15, 1,099 shares withheld at $115.09/share (total $126,484).
- Transaction type: F — shares withheld to cover tax withholding on RSUs (cashless/withholding event).
- Shares owned after transaction: Not specified in the provided filing.
- Footnotes: F1 indicates shares were automatically withheld by the issuer to satisfy tax obligations at RSU settlement; F2 notes an aggregate of 63,940 shares remain issuable under previously reported RSUs that have not vested.
- Filing: Report filed 2026-07-16 (one day after the transaction), which appears timely under Form 4 reporting rules.
Context
Tax-withholding by retaining shares upon RSU settlement is a common administrative event and is generally routine; it is not an indicative open-market sale or purchase decision by the insider. The filing shows a reduction in shares delivered to the insider to cover taxes and does not by itself signal a change in insider sentiment.
Insider Transaction Report
- Tax Payment
Common Stock
[F1][F2]2026-07-15$115.09/sh−1,099$126,484→ 65,033 total
Footnotes (2)
- [F1]Represents shares withheld automatically by the Issuer to satisfy tax withholding obligations due at settlement of restricted stock units previously reported in Table I as common stock.
- [F2]This includes an aggregate of 63,940 shares of common stock issuable pursuant to previously reported RSUs that have not vested.