• Incyte granted equity inducement awards to incoming CFO Suketu (Suky) Upadhyay under its 2024 Inducement Stock Incentive Plan, with a grant and vesting commencement date of May 4, 2026.
• Award package includes stock options covering 38,429 shares with an exercise price of USD 97.14, RSUs covering 26,343 shares, performance shares with a target of 13,171 shares.
• Options carry a 10-year term, vesting 25% after one year with remaining shares vesting in equal monthly installments over 36 months.
• RSUs vest 25% on each of first four anniversaries of vesting commencement date.
• Performance shares can be earned at 0%-200% of target based on relative total shareholder return over a three-year period starting Jan. 1, 2026, with vesting on third anniversary of grant date if earned.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Incyte Corporation published the original content used to generate this news brief via Business Wire (Ref. ID: 20260506540858) on May 06, 2026, and is solely responsible for the information contained therein.