Incyte's (INCY) EVP and General Counsel Sold 4,100 Shares for $352,000

On October 2 and October 3, 2025, Sheila A. Denton, EVP & General Counsel of Incyte (NASDAQ:INCY), executed an option exercise and immediately sold 4,100 shares of common stock, as disclosed in this SEC Form 4 filing.Transaction value calculated using the SEC Form 4 weighted average purchase price ($85.85) as of the transaction date (October 3, 2025); Post-transaction value calculated using the SEC Form 4 weighted average purchase price ($85.85).What is the significance of the derivative context in this transaction?This event involved exercising 599 options and the immediate sale of 4,100 shares on October 3, 2025, reflecting a routine administrative process rather than a discretionary open-market sale. The majority of shares sold were not directly related to the newly exercised options, indicating that the sale also drew from previously held common shares.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool