Incyte Corp EVP Heeson Lee Surrenders Shares for Tax Withholding
INCYTE CORP
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Filing Summary
Incyte Corp ($INCY) — Form 4 Filing Insider: Heeson Lee (EVP, Head of Incyte Intl) Transaction Date: October 1, 2026 Type: Tax Withholding (Code F) Shares Transacted: 463 @ $117.14 (~$54,236) Shares Retained: 37,578 Significance: Low (Routine disposition to cover tax obligations from RSU vesting)
Comprehensive Analysis
Summary of Transaction
On October 1, 2026, Lee Heeson, Executive Vice President and Head of Incyte International at Incyte Corp ($INCY), surrendered 463 shares of common stock at a price of $117.14 per share, totaling approximately $54,235.82.
Transaction Nature
The transaction was recorded under Code 'F', indicating shares automatically withheld by the issuer to satisfy statutory tax withholding obligations resulting from the settlement of previously reported restricted stock units (RSUs). This is a mandatory, non-discretionary transaction and does not represent an open-market sale.
Post-Transaction Holdings
Following the withholding, Heeson directly holds 37,578 shares of common stock, which includes 26,884 shares issuable pursuant to previously reported unvested RSUs.
Market Significance
This filing carries Low trading significance, as tax-withholding dispositions are routine administrative events associated with equity incentive vests and do not reflect managerial sentiment on the company's valuation or prospects.
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