WILMINGTON, DE — Incyte (Nasdaq: INCY) announced it recently granted restricted stock unit awards (RSUs) totaling 16,550 shares of common stock to 19 new employees. The awards were issued under the Company’s 2024 Inducement Stock Incentive Plan, with a grant and vesting start date of June 2, 2025. They were approved by the board’s compensation committee as an inducement for the new employees, in line with Nasdaq Listing Rule 5635(c)(4).
Each RSU vests 25% annually over four years, provided the employee remains with the Company.
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