Incyte Corp Officer Pablo Cagnoni Files Form 144 to Sell $297K in Common Stock

Executive Summary

On October 15, 2026, Pablo Cagnoni, an Officer of Incyte Corporation ($INCY), filed a Form 144 notice of proposed sale covering 2,642 shares of common stock with an aggregate market value of $297,779.82 (approximately $112.71 per share).

Transaction Details

• Security: Common Stock
• Shares to be Sold: 2,642
• Aggregate Market Value: $297,779.82
• Acquisition Source: Stock Option Exercise on 10/15/2026 via cash payment to the issuer.
• Trading Plan: The proposed sale is executed pursuant to a Rule 10b5-1 trading plan adopted on April 30, 2026.
• Broker: Morgan Stanley Smith Barney LLC Executive Financial Services.

Past 3-Month Activity

The insider reported significant selling activity over the prior three months under the plan:

• 09/15/2026: 23,218 shares sold for $2,797,571.24
• 08/19/2026: 10,801 shares sold for $1,356,189.76
• 08/12/2026: 10,803 shares sold for $1,296,773.75
• 08/05/2026: 10,640 shares sold for $1,305,450.33
• 07/31/2026: 15,888 shares sold for $1,901,833.32

Total proceeds from sales in the past three months exceed $8.65M.

Market & Governance Impact

The proposed transaction represents less than 0.002% of the company's 202,697,746 outstanding shares. Given the pre-scheduled nature under a Rule 10b5-1 plan and its modest size relative to overall liquidity, this filing carries low trading significance.