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Incyte Reports Inducement Grant Under Nasdaq Listing Rule 5635(c)(4)
Last incyte corporation earnings: 2/13 07:00 am
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US:NASDAQ Investor Relations: incyte.com/ir/investor-overview.aspx
WILMINGTON, Del.--(BUSINESS WIRE)--Incyte Corporation (Nasdaq: INCY) announced today equity inducement awards grants to Richard Hoffman, Company’s new Executive Vice President and General Counsel, pursuant to the Company’s 2024 Inducement Stock Incentive Plan. The awards were approved by the compensation committee of the Company’s Board of Directors as an inducement material to the new employee entering into employment with the Company in accordance with Nasdaq Listing Rule 5635(c)(4).As an inducement material to his employment, Mr. Hoffman received, with a grant and vesting commencement date of December 1, 2025, an award of stock options to purchase 43,301 shares of the Company’s common stock, an award of restricted stock units (RSUs) to acquire 9,466 shares of the Company’s common stock and an award of performance shares with a target number of shares of 23,665. The stock options have an exercise price of $102.04 per share, which is equal to the closing price of the Company’s co
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- 12/3/25 - Form 4
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