Incyte insider activity
What the executives and directors of Incyte actually did with their own shares, decoded from their SEC Form 4 filings. Each figure says the stretch of time it covers.
The tape: three years of insider trades
Every marker sits at the price reported on the Form 4. The line is the monthly median of all prices insiders reported, so the chart needs no market feed; the grey strip is the routine flow (grants, vestings, tax withholding and gifts) that a headline gets wrong by counting it as selling.
The 194 routine events on the chart, as a list
| Date | Insider | Shares |
|---|---|---|
| Sep 15, 2026 | CAGNONI PABLO J | 23K |
| Aug 25, 2026 | Basi Ramitpal K | 504 |
| Aug 5, 2026 | Mayes Patrick A | 8,262 |
| Jul 31, 2026 | Mayes Patrick A | 40K |
| Jul 16, 2026 | CAGNONI PABLO J | 36K |
| Jul 16, 2026 | Stein Steven H | 35K |
| Jul 16, 2026 | Tray Thomas | 4,624 |
| Jul 16, 2026 | Mayes Patrick A | 7,865 |
| Jul 16, 2026 | Issa Mohamed Khairie | 8,956 |
| Jul 16, 2026 | Meury William | 27K |
| Jul 16, 2026 | Basi Ramitpal K | 4,991 |
| Jul 16, 2026 | Gardner David H | 7,395 |
| Jul 16, 2026 | Hoffman Richard A. | 7,395 |
| Jul 2, 2026 | Meury William | 4,779 |
| Jul 2, 2026 | Stein Steven H | 2,177 |
| Jul 2, 2026 | Tray Thomas | 477 |
| Jul 2, 2026 | Mayes Patrick A | 350 |
| Jun 30, 2026 | BAKER JULIAN | 400 |
| Jun 30, 2026 | HARRIGAN EDMUND | 255 |
| Jun 30, 2026 | Clancy Paul J | 252 |
| Jun 8, 2026 | BAKER JULIAN | 1,642 |
| Jun 8, 2026 | HARRIGAN EDMUND | 1,642 |
| Jun 8, 2026 | BRAWLEY OTIS W | 1,642 |
| Jun 8, 2026 | BIENAIME JEAN JACQUES | 1,642 |
| Jun 8, 2026 | FOUSE JACQUALYN A | 1,642 |
| Jun 8, 2026 | Clancy Paul J | 1,642 |
| Jun 8, 2026 | High Katherine A | 1,642 |
| Jun 4, 2026 | Tray Thomas | 2,639 |
| Jun 1, 2026 | CAGNONI PABLO J | 25K |
| May 26, 2026 | BIENAIME JEAN JACQUES | 28K |
| May 19, 2026 | Clancy Paul J | 15K |
| May 8, 2026 | BAKER JULIAN | 15K |
| May 6, 2026 | CAGNONI PABLO J | 32K |
| May 6, 2026 | Stein Steven H | 44K |
| May 4, 2026 | Upadhyay Suketu | 26K |
| Apr 17, 2026 | CAGNONI PABLO J | 47K |
| Apr 15, 2026 | Meury William | 125K |
| Apr 15, 2026 | Stein Steven H | 39K |
| Mar 31, 2026 | BAKER JULIAN | 421 |
| Mar 31, 2026 | HARRIGAN EDMUND | 269 |
| Mar 31, 2026 | Clancy Paul J | 265 |
| Mar 25, 2026 | Trotta Matteo | 537 |
| Mar 17, 2026 | CAGNONI PABLO J | 19K |
| Feb 19, 2026 | CAGNONI PABLO J | 19K |
| Feb 2, 2026 | Morrissey Michael James | 185 |
| Feb 2, 2026 | Heeson Lee | 111 |
| Jan 20, 2026 | Morrissey Michael James | 429 |
| Jan 16, 2026 | Morrissey Michael James | 7,426 |
| Jan 16, 2026 | Heeson Lee | 8,911 |
| Jan 6, 2026 | Issa Mohamed Khairie | 8,264 |
| Dec 31, 2025 | BAKER JULIAN | 328 |
| Dec 31, 2025 | HARRIGAN EDMUND | 245 |
| Dec 31, 2025 | Clancy Paul J | 241 |
| Dec 31, 2025 | Stein Steven H | 13K |
| Dec 31, 2025 | Morrissey Michael James | 254 |
| Dec 19, 2025 | Tray Thomas | 2,774 |
| Dec 8, 2025 | Hoppenot Herve | 2,843 |
| Dec 1, 2025 | Stein Steven H | 17K |
| Dec 1, 2025 | Morrissey Michael James | 326 |
| Dec 1, 2025 | Hoffman Richard A. | 9,466 |
Where the shares went, last 12 months
Every Form 4 movement decomposed: what flowed in (grants, vested equity, purchases) and what flowed out (tax withholding, plan sales, discretionary sales, gifts). Counted in shares, because grants carry no price.
The chart, in numbers
| Flow | Shares |
|---|---|
| From holdings | 80K |
| Granted | 306K |
| Vested / exercised | 310K |
| Withheld for tax | 148K |
| Planned sales (10b5-1) | 547K |
Who holds what
the 14 largest holdings of 33| Insider | Role | Shares held | Buys 12 m | Sales 12 m | 12 m | Last trade |
|---|---|---|---|---|---|---|
| BAKER JULIAN Last trade Mar 10, 2022 | Director | 3.1M | – | – | Mar 10, 2022 | |
| BAKER FELIX | Director | 3.1M | – | – | – | |
| BAKER BROS. ADVISORS LP | Director | 3.1M | – | – | – | |
| Baker Brothers Life Sciences LP | Director | 3.1M | – | – | – | |
| 667, L.P. | Director | 3.1M | – | – | – | |
| Baker Bros. Advisors (GP) LLC | Director | 3.1M | – | – | – | |
| Hoppenot Herve Last trade Nov 10, 2025 | Director | 327K | – | $20M | net selling over the year: 0 months buying, 1 month selling | Nov 10, 2025 |
| CAGNONI PABLO J President, Global Head of R&D Last trade Sep 15, 2026 | Officer | 186K | – | $14M | net selling over the year: 0 months buying, 6 months selling | Sep 15, 2026 |
| Meury William Chief Executive Officer | CEO | 183K | – | – | – | |
| Stamoulis Christiana EVP & Chief Financial Officer | CFO | 115K | – | – | – | |
| SWAIN PAULA J EVP, Human Resources Last trade Sep 1, 2023 | Officer | 100K | – | – | Sep 1, 2023 | |
| Issa Mohamed Khairie EVP, Head of U.S. Commercial Last trade Jul 16, 2026 | Officer | 64K | – | $1.3M | net selling over the year: 0 months buying, 2 months selling | Jul 16, 2026 |
| Mayes Patrick A EVP & Chief Scientific Officer Last trade Aug 5, 2026 | Officer | 64K | – | $6.6M | net selling over the year: 0 months buying, 3 months selling | Aug 5, 2026 |
| Dickinson Jonathan Elliott EVP, General Manager, Europe Last trade Sep 12, 2024 | Officer | 44K | – | – | Sep 12, 2024 |
Open-market trade log
the 60 most recent of 1,152| Date | Insider | Type | Shares | Price | Value | Since trade | Filed |
|---|---|---|---|---|---|---|---|
| Sep 15, 2026 | CAGNONI PABLO J (Officer) 9,233 shares $120.50 +0.0% since trade filed Sep 17, 2026 | Planned sale (10b5-1) | 9,233 | $120.50 | $1.1M | +0.0% | Sep 17, 2026 |
| Sep 15, 2026 | CAGNONI PABLO J (Officer) 14K shares $120.49 +0.0% since trade filed Sep 17, 2026 | Planned sale (10b5-1) | 14K | $120.49 | $1.7M | +0.0% | Sep 17, 2026 |
| Aug 19, 2026 | CAGNONI PABLO J (Officer) 11K shares $125.56 −4.0% since trade filed Aug 20, 2026 | Planned sale (10b5-1) | 11K | $125.56 | $1.4M | −4.0% | Aug 20, 2026 |
| Aug 12, 2026 | CAGNONI PABLO J (Officer) 11K shares $120.04 +0.4% since trade filed Aug 14, 2026 | Planned sale (10b5-1) | 11K | $120.04 | $1.3M | +0.4% | Aug 14, 2026 |
| Aug 5, 2026 | CAGNONI PABLO J (Officer) 11K shares $122.69 −1.8% since trade filed Aug 7, 2026 | Planned sale (10b5-1) | 11K | $122.69 | $1.3M | −1.8% | Aug 7, 2026 |
| Aug 5, 2026 | Mayes Patrick A (Officer) 2,207 shares $123.99 −2.8% since trade filed Aug 7, 2026 | Planned sale (10b5-1) | 2,207 | $123.99 | $274K | −2.8% | Aug 7, 2026 |
| Aug 3, 2026 | Mayes Patrick A (Officer) 6,055 shares $120.43 +0.1% since trade filed Aug 4, 2026 | Planned sale (10b5-1) | 6,055 | $120.43 | $729K | +0.1% | Aug 4, 2026 |
| Jul 31, 2026 | CAGNONI PABLO J (Officer) 16K shares $119.70 +0.7% since trade filed Aug 4, 2026 | Planned sale (10b5-1) | 16K | $119.70 | $1.9M | +0.7% | Aug 4, 2026 |
| Jul 31, 2026 | Mayes Patrick A (Officer) 85 shares $122.19 −1.4% since trade filed Aug 4, 2026 | Planned sale (10b5-1) | 85 | $122.19 | $10K | −1.4% | Aug 4, 2026 |
| Jul 31, 2026 | Mayes Patrick A (Officer) 326 shares $121.69 −1.0% since trade filed Aug 4, 2026 | Planned sale (10b5-1) | 326 | $121.69 | $40K | −1.0% | Aug 4, 2026 |
| Jul 31, 2026 | Mayes Patrick A (Officer) 1,642 shares $119.38 +0.9% since trade filed Aug 4, 2026 | Planned sale (10b5-1) | 1,642 | $119.38 | $196K | +0.9% | Aug 4, 2026 |
| Jul 31, 2026 | Mayes Patrick A (Officer) 1,643 shares $119.51 +0.8% since trade filed Aug 4, 2026 | Planned sale (10b5-1) | 1,643 | $119.51 | $196K | +0.8% | Aug 4, 2026 |
| Jul 31, 2026 | Mayes Patrick A (Officer) 2,187 shares $119.47 +0.9% since trade filed Aug 4, 2026 | Planned sale (10b5-1) | 2,187 | $119.47 | $261K | +0.9% | Aug 4, 2026 |
| Jul 31, 2026 | Mayes Patrick A (Officer) 2,293 shares $119.41 +0.9% since trade filed Aug 4, 2026 | Planned sale (10b5-1) | 2,293 | $119.41 | $274K | +0.9% | Aug 4, 2026 |
| Jul 31, 2026 | Mayes Patrick A (Officer) 2,864 shares $119.40 +0.9% since trade filed Aug 4, 2026 | Planned sale (10b5-1) | 2,864 | $119.40 | $342K | +0.9% | Aug 4, 2026 |
| Jul 31, 2026 | Mayes Patrick A (Officer) 4,695 shares $119.39 +0.9% since trade filed Aug 4, 2026 | Planned sale (10b5-1) | 4,695 | $119.39 | $561K | +0.9% | Aug 4, 2026 |
| Jul 31, 2026 | Mayes Patrick A (Officer) 5,332 shares $119.42 +0.9% since trade filed Aug 4, 2026 | Planned sale (10b5-1) | 5,332 | $119.42 | $637K | +0.9% | Aug 4, 2026 |
| Jul 31, 2026 | Mayes Patrick A (Officer) 6,171 shares $119.43 +0.9% since trade filed Aug 4, 2026 | Planned sale (10b5-1) | 6,171 | $119.43 | $737K | +0.9% | Aug 4, 2026 |
| Jul 31, 2026 | Mayes Patrick A (Officer) 15K shares $119.46 +0.9% since trade filed Aug 4, 2026 | Planned sale (10b5-1) | 15K | $119.46 | $1.8M | +0.9% | Aug 4, 2026 |
| Jul 16, 2026 | Stein Steven H (Officer) 1,877 shares $114.73 +5.0% since trade filed Jul 20, 2026 | Planned sale (10b5-1) | 1,877 | $114.73 | $215K | +5.0% | Jul 20, 2026 |
| Jul 16, 2026 | Issa Mohamed Khairie (Officer) 1,093 shares $115.01 +4.8% since trade filed Jul 20, 2026 | Planned sale (10b5-1) | 1,093 | $115.01 | $126K | +4.8% | Jul 20, 2026 |
| Jul 15, 2026 | Stein Steven H (Officer) 28K shares $113.05 +6.6% since trade filed Jul 16, 2026 | Planned sale (10b5-1) | 28K | $113.05 | $3.2M | +6.6% | Jul 16, 2026 |
| Jun 4, 2026 | Tray Thomas (Officer) 2,639 shares $100.00 +20.5% since trade filed Jun 8, 2026 | Planned sale (10b5-1) | 2,639 | $100.00 | $264K | +20.5% | Jun 8, 2026 |
| May 26, 2026 | Tray Thomas (Officer) 2,051 shares $97.35 +23.8% since trade filed May 28, 2026 | Planned sale (10b5-1) | 2,051 | $97.35 | $200K | +23.8% | May 28, 2026 |
| May 19, 2026 | Clancy Paul J (Director) 15K shares $94.93 +26.9% since trade filed May 21, 2026 | Planned sale (10b5-1) | 15K | $94.93 | $1.4M | +26.9% | May 21, 2026 |
| Apr 17, 2026 | CAGNONI PABLO J (Officer) 19K shares $96.50 +24.9% since trade filed Apr 21, 2026 | Planned sale (10b5-1) | 19K | $96.50 | $1.8M | +24.9% | Apr 21, 2026 |
| Mar 17, 2026 | CAGNONI PABLO J (Officer) 19K shares $94.24 +27.9% since trade filed Mar 19, 2026 | Planned sale (10b5-1) | 19K | $94.24 | $1.8M | +27.9% | Mar 19, 2026 |
| Feb 19, 2026 | CAGNONI PABLO J (Officer) 19K shares $100.91 +19.4% since trade filed Feb 23, 2026 | Planned sale (10b5-1) | 19K | $100.91 | $1.9M | +19.4% | Feb 23, 2026 |
| Jan 7, 2026 | Issa Mohamed Khairie (Officer) 11K shares $109.07 +10.5% since trade filed Jan 8, 2026 | Planned sale (10b5-1) | 11K | $109.07 | $1.2M | +10.5% | Jan 8, 2026 |
| Jan 5, 2026 | Stein Steven H (Officer) 16K shares $101.70 +18.5% since trade filed Jan 7, 2026 | Planned sale (10b5-1) | 16K | $101.70 | $1.6M | +18.5% | Jan 7, 2026 |
| Dec 19, 2025 | Tray Thomas (Officer) 2,774 shares $100.00 +20.5% since trade filed Dec 22, 2025 | Planned sale (10b5-1) | 2,774 | $100.00 | $277K | +20.5% | Dec 22, 2025 |
| Dec 18, 2025 | Tray Thomas (Officer) 600 shares $98.25 +22.7% since trade filed Dec 22, 2025 | Planned sale (10b5-1) | 600 | $98.25 | $59K | +22.7% | Dec 22, 2025 |
| Dec 17, 2025 | Morrissey Michael James (Officer) 4,323 shares $97.26 +23.9% since trade filed Dec 18, 2025 | Planned sale (10b5-1) | 4,323 | $97.26 | $420K | +23.9% | Dec 18, 2025 |
| Dec 16, 2025 | Morrissey Michael James (Officer) 833 shares $97.42 +23.7% since trade filed Dec 18, 2025 | Planned sale (10b5-1) | 833 | $97.42 | $81K | +23.7% | Dec 18, 2025 |
| Dec 16, 2025 | Morrissey Michael James (Officer) 53K shares $97.29 +23.9% since trade filed Dec 18, 2025 | Planned sale (10b5-1) | 53K | $97.29 | $5.2M | +23.9% | Dec 18, 2025 |
| Dec 11, 2025 | Mayes Patrick A (Officer) 255 shares $94.94 +26.9% since trade filed Dec 12, 2025 | Planned sale (10b5-1) | 255 | $94.94 | $24K | +26.9% | Dec 12, 2025 |
| Dec 10, 2025 | Mayes Patrick A (Officer) 5,553 shares $95.58 +26.1% since trade filed Dec 12, 2025 | Planned sale (10b5-1) | 5,553 | $95.58 | $531K | +26.1% | Dec 12, 2025 |
| Dec 2, 2025 | Stein Steven H (Officer) 20K shares $102.51 +17.6% since trade filed Dec 3, 2025 | Planned sale (10b5-1) | 20K | $102.51 | $2.1M | +17.6% | Dec 3, 2025 |
| Dec 1, 2025 | Stein Steven H (Officer) 2,559 shares $102.96 +17.0% since trade filed Dec 3, 2025 | Planned sale (10b5-1) | 2,559 | $102.96 | $263K | +17.0% | Dec 3, 2025 |
| Nov 24, 2025 | Tray Thomas (Officer) 600 shares $103.00 +17.0% since trade filed Nov 25, 2025 | Planned sale (10b5-1) | 600 | $103.00 | $62K | +17.0% | Nov 25, 2025 |
| Nov 21, 2025 | Tray Thomas (Officer) 169 shares $102.00 +18.1% since trade filed Nov 25, 2025 | Planned sale (10b5-1) | 169 | $102.00 | $17K | +18.1% | Nov 25, 2025 |
| Nov 17, 2025 | Denton Sheila A. (Officer) 278 shares $104.36 +15.5% since trade filed Nov 19, 2025 | Planned sale (10b5-1) | 278 | $104.36 | $29K | +15.5% | Nov 19, 2025 |
| Nov 10, 2025 | Hoppenot Herve (Director) 188K shares $105.46 +14.3% since trade filed Nov 12, 2025 | Planned sale (10b5-1) | 188K | $105.46 | $20M | +14.3% | Nov 12, 2025 |
| Nov 5, 2025 | Stein Steven H (Officer) 5,233 shares $102.20 +17.9% since trade filed Nov 7, 2025 | Planned sale (10b5-1) | 5,233 | $102.20 | $535K | +17.9% | Nov 7, 2025 |
| Nov 4, 2025 | Denton Sheila A. (Officer) 598 shares $101.36 +18.9% since trade filed Nov 6, 2025 | Planned sale (10b5-1) | 598 | $101.36 | $61K | +18.9% | Nov 6, 2025 |
| Nov 3, 2025 | Heeson Lee (Officer) 3,074 shares $94.02 +28.2% since trade filed Nov 5, 2025 | Planned sale (10b5-1) | 3,074 | $94.02 | $289K | +28.2% | Nov 5, 2025 |
| Oct 15, 2025 | Denton Sheila A. (Officer) 277 shares $85.13 +41.6% since trade filed Oct 17, 2025 | Planned sale (10b5-1) | 277 | $85.13 | $24K | +41.6% | Oct 17, 2025 |
| Oct 3, 2025 | Denton Sheila A. (Officer) 3,501 shares $85.54 +40.9% since trade filed Oct 6, 2025 | Planned sale (10b5-1) | 3,501 | $85.54 | $299K | +40.9% | Oct 6, 2025 |
| Oct 2, 2025 | Denton Sheila A. (Officer) 599 shares $87.65 +37.5% since trade filed Oct 6, 2025 | Planned sale (10b5-1) | 599 | $87.65 | $53K | +37.5% | Oct 6, 2025 |
| Sep 16, 2025 | Denton Sheila A. (Officer) 278 shares $83.15 +44.9% since trade filed Sep 18, 2025 | Planned sale (10b5-1) | 278 | $83.15 | $23K | +44.9% | Sep 18, 2025 |
| Sep 2, 2025 | Denton Sheila A. (Officer) 598 shares $84.97 +41.8% since trade filed Sep 4, 2025 | Planned sale (10b5-1) | 598 | $84.97 | $51K | +41.8% | Sep 4, 2025 |
| Aug 15, 2025 | Denton Sheila A. (Officer) 277 shares $86.81 +38.8% since trade filed Aug 19, 2025 | Planned sale (10b5-1) | 277 | $86.81 | $24K | +38.8% | Aug 19, 2025 |
| Aug 4, 2025 | Denton Sheila A. (Officer) 598 shares $75.77 +59.0% since trade filed Aug 6, 2025 | Planned sale (10b5-1) | 598 | $75.77 | $45K | +59.0% | Aug 6, 2025 |
| Jul 21, 2025 | Stein Steven H (Officer) 3,706 shares $67.94 +77.4% since trade filed Jul 23, 2025 | Planned sale (10b5-1) | 3,706 | $67.94 | $252K | +77.4% | Jul 23, 2025 |
| Jul 16, 2025 | Flannelly Barry P (Officer) 1,340 shares $68.36 +76.3% since trade filed Jul 17, 2025 | Planned sale (10b5-1) | 1,340 | $68.36 | $92K | +76.3% | Jul 17, 2025 |
| Jul 16, 2025 | Iyengar Vijay K (Officer) 983 shares $68.36 +76.3% since trade filed Jul 17, 2025 | Planned sale (10b5-1) | 983 | $68.36 | $67K | +76.3% | Jul 17, 2025 |
| Jul 16, 2025 | Denton Sheila A. (Officer) 785 shares $68.36 +76.3% since trade filed Jul 17, 2025 | Planned sale (10b5-1) | 785 | $68.36 | $54K | +76.3% | Jul 17, 2025 |
| Jul 15, 2025 | Flannelly Barry P (Officer) 1,192 shares $69.86 +72.5% since trade filed Jul 16, 2025 | Planned sale (10b5-1) | 1,192 | $69.86 | $83K | +72.5% | Jul 16, 2025 |
| Jul 15, 2025 | Iyengar Vijay K (Officer) 1,177 shares $69.86 +72.5% since trade filed Jul 16, 2025 | Planned sale (10b5-1) | 1,177 | $69.86 | $82K | +72.5% | Jul 16, 2025 |
| Jul 15, 2025 | Denton Sheila A. (Officer) 3,330 shares $69.86 +72.5% since trade filed Jul 17, 2025 | Planned sale (10b5-1) | 3,330 | $69.86 | $233K | +72.5% | Jul 17, 2025 |
“Since trade” compares with the latest insider-implied price, not a market quote: these pages are built from filings alone. A role here is the one on that day's Form 4, so somebody promoted since appears under both titles.
Filing hygiene
How to read this
A Form 4 transaction code decides everything. P is an open-market purchase and S an open-market sale; those two are the only codes where an insider chose to trade. A is a grant, M an option exercise or vesting, F shares withheld to cover tax, G a gift. Most “insiders dumped billions” headlines are code F and M mechanics.
Sales flagged 10b5-1 run on a plan the insider adopted in advance; since 2023 every Form 4 carries that flag. Buys have historically predicted returns, sales mostly have not, and this page states filings, not advice.