Incyte EVP Ramitpal K. Basi Sells 504 Shares (Tax Withholding)

What Happened

• Ramitpal K. Basi, Executive Vice President of Human Resources at Incyte (INCY), had 504 shares of common stock withheld by the company to satisfy tax withholding obligations related to the settlement of previously granted restricted stock units (RSUs). The withheld shares were valued at $129.72 each, for a total of $65,379. This is a tax-withholding disposition rather than an open-market sale.

Key Details

• Transaction date: 2026-08-25; Filing date: 2026-08-27 (filed on time).
• Shares withheld/disposed: 504 at $129.72 per share; total value $65,379.
• Shares owned after transaction: Not specified in the provided filing.
• Footnotes: F1 — shares were automatically withheld by the issuer to satisfy tax withholding at RSU settlement. F2 — the filing notes an aggregate of 9,871 shares issuable under previously reported RSUs that have not yet vested.
• Transaction code: F (tax withholding on RSU settlement), not a discretionary market sale.

Context

• This transaction reflects automatic share withholding to cover tax obligations when RSUs vest (a common, routine administrative action) and does not necessarily indicate the insider's view of the company. The shares were withheld by the issuer rather than sold on the open market.