INCYTE CORP — Director's Dealing 2025

Nov 6, 2025

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: INCYTE CORP (INCY)
CIK: 0000879169
Period of Report: 2025-11-04

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2025-11-04	Common Stock	M	598	$58.06	Acquired	27167	Direct
2025-11-04	Common Stock	S	598	$101.36	Disposed	26569	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2025-11-04	Employee Stock Option (right to buy)	$58.06	M	598	Disposed	2033-10-02	Common Stock (598)	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: Beginning October 2, 2023, options become exercisable in 37 installments, with the first 25% vesting on October 2, 2024 and the remainder vesting monthly over three years.