INCYTE CORP — Director's Dealing 2025

Nov 19, 2025

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: INCYTE CORP (INCY)
CIK: 0000879169
Period of Report: 2025-11-17

Reporting Person: Denton Sheila A. (EVP & General Counsel)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2025-11-17	Common Stock	M	278	$64.25	Acquired	26847	Direct
2025-11-17	Common Stock	S	278	$104.36	Disposed	26569	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2025-11-17	Employee Stock Option (right to buy)	$64.25	M	278	Disposed	2034-07-14	Common Stock (278)	Direct

Footnotes

F1: This includes an aggregate of 25,913 shares of common stock issuable pursuant to previously reported restricted stock units and earned performance units that have not vested.

F2: The July 15, 2024 options become exercisable in 37 installments, with the first 25% vesting after one year and the remainder vesting monthly over three years.