INCYTE EVP David H. Gardner Withholds 920 Shares for Taxes

What Happened David H. Gardner, EVP and Chief Strategy Officer of Incyte Corp (INCY), had 920 shares of common stock withheld to satisfy tax withholding obligations arising from the settlement of previously reported restricted stock units (RSUs). The shares were withheld at an effective price of $126.93 per share, for a total value of approximately $116,776. This was a tax-withholding disposition rather than an open-market sale or a purchase.

Key Details

• Transaction date: 2026-09-22; filing date: 2026-09-24 (Form 4 filed within the standard two-business-day window).
• Shares withheld/disposed: 920 shares at $126.93 per share; total value ≈ $116,776.
• Transaction code: F (payment of exercise price or tax liability — shares withheld to cover taxes).
• Shares owned after transaction: Not specified in this filing.
• Footnotes:
  • F1: Shares were withheld automatically by the issuer to satisfy tax withholding on RSU settlement.
  • F2: Filing notes an aggregate of 14,467 shares issuable under previously reported RSUs that have not vested.

Context This is a routine, non-market-disposition related to tax withholding on vested RSUs (a cashless/stock-withholding method). Such withholdings are administrative and do not necessarily indicate insider sentiment about the company's stock price.