Incyte Corp Officer Thomas Tray Files Form 144 to Sell 610 Shares

Executive Summary

On November 3, 2026, Thomas Tray, an Officer of Incyte Corp ($INCY), filed Form 144 with the SEC indicating an intention to sell 610 shares of common stock. The aggregate market value of the proposed transaction is $73,224.40, implying an average price per share of approximately $120.04.

Transaction Details

• Securities Offered: 610 shares of Common Stock.
• Aggregate Market Value: $73,224.40.
• Origin of Securities:
  • 210 shares acquired via Employee Stock Purchase Plan (ESPP) on April 30, 2026.
  • 400 shares acquired via Restricted Stock Units (RSUs) on July 2, 2025.
• Trading Plan: The proposed sale is executed pursuant to a pre-arranged Rule 10b5-1 trading plan adopted on July 31, 2026.
• Broker: Morgan Stanley Smith Barney LLC Executive Financial Services.

Market and Trading Significance

The trading significance is assessed as Low due to the modest dollar amount ($73.2K) and small share count relative to Incyte's 203.8 million shares outstanding. Furthermore, the transaction is governed by a pre-scheduled 10b5-1 trading plan adopted in July 2026, representing routine diversification rather than a discretionary market-timing trade.