ICON PLC Director Exercises Options and Sells Shares Worth $570K

Executive Summary

On September 17, 2026, Eugene Pacelli McCague, Director at ICON PLC ($ICLR), executed a routine option exercise and sale. Mr. McCague exercised 3,255 stock options at an exercise price of $125.74 per share and subsequently sold all 3,255 Ordinary Shares on the open market at $175.00 per share, realizing gross sale proceeds of $569,625 and net cash proceeds of approximately $160,341 before taxes and transaction fees.

Transaction Breakdown

• Option Exercise (Code M):
  • Security: Stock Options
  • Shares Acquired: 3,255
  • Strike Price: $125.74 per share ($409,283.70 total cost)
  • Resulting Derivative Holdings: 0
• Open Market Sale (Code S):
  • Security: Ordinary Shares
  • Shares Disposed: 3,255
  • Sale Price: $175.00 per share
  • Total Gross Value: $569,625.00
  • Post-Transaction Direct Holdings: 3,811 Ordinary Shares

Significance & Context

This filing reflects a standard exercise-and-sell pattern frequently observed among corporate directors. Because the shares were acquired via an option exercise and immediately disposed of in full, the insider's net core equity position (post-exercise) remains at 3,811 ordinary shares, while clearing out the remaining derivative grant. Consequently, this transaction is viewed as routine liquidity management with low market significance.