CMO Steven Stein sold 28,237 shares of INCY at $113.05 under 10b5-1 plan; holds 22,995 shares post-sale.
Steven H Stein, CMO & Head of Late-Stage Development, sold 28,237 shares at $113.05 as part of a pre-arranged 10b5-1 trading plan, reducing his holdings by 55.1% from 51,232 shares to 22,995 shares and realizing $3,192,192.85 in proceeds. Because this transaction is scheduled under a 10b5-1 plan rather than discretionary, it does not reflect current decision-making or conviction about the stock's prospects. Incyte fundamentals remain solid with revenue of $1,272,676,000.00 in the latest quarter, net income of $303,330,000.00, annual revenue growth of +21.2%, and a P/E of 16.27, suggesting no material deterioration in business quality warranting urgent investor attention. The stock is trading 2.0% below its 52-week high of $118.97 and has appreciated 16.9% over the past 30 days and 19.2% over 90 days, reflecting recent positive momentum independent of this scheduled sale.