Incyte Reports Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)
Incyte (Nasdaq: INCY) announced the issuance of restricted stock unit (RSU) awards totaling 9,502 shares to 14 new employees under its 2024 Inducement Stock Incentive Plan. The RSUs vest 25% annually over four years, contingent on continued employment. This move aligns with Nasdaq Listing Rule 5635(c)(4) to attract top talent.