Joseph Belanoff sells 66,198 CORT shares; Form 144 filed (CORT)
Filing Impact
Filing Sentiment
Form Type
144
Rhea-AI Filing Summary
Corcept Therapeutics Inc. submitted a Form 144 notice relating to proposed sales of common stock. The filing lists a stock option exercise dated 07/06/2022 and broker information for Stifel Nicolaus & Company. It also records recent dispositions by Joseph K. Belanoff of 26,198 shares on 03/25/2026 for $1,311,825 and 40,000 shares on 05/01/2026 for $2,003,858.
Positive
- None.
Negative
- None.
Key Figures
Sale by Joseph K. Belanoff: 26,198 shares
Proceeds from 03/25/2026 sale: $1,311,825
Sale by Joseph K. Belanoff: 40,000 shares
+3 more
6 metrics
Sale by Joseph K. Belanoff
26,198 shares
sold on 03/25/2026
Proceeds from 03/25/2026 sale
$1,311,825
03/25/2026 transaction
Sale by Joseph K. Belanoff
40,000 shares
sold on 05/01/2026
Proceeds from 05/01/2026 sale
$2,003,858
05/01/2026 transaction
Stock option exercise date
07/06/2022
Stock Option Exercise listed in filing
Broker reference (Stifel Nicolaus)
12837 (internal listing)
Stifel Nicolaus & Company Inc. record
Key Terms
Form 144, Stock Option Exercise, Proceeds
3 terms
Form 144 regulatory
"submitted a Form 144 notice relating to proposed sales"
Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.
Stock Option Exercise financial
"Stock Option Exercise dated 07/06/2022"
A stock option exercise is the act of using a previously granted right to buy shares of a company's stock at a specific, predetermined price by paying that price and receiving the shares. It matters to investors because exercising changes who owns the shares (which can dilute existing ownership), can trigger taxable events and shift potential gains or losses, and affects voting power and the company’s outstanding share count—like turning a voucher into an actual product that becomes part of circulating supply.
Proceeds financial
"26198 | 1311825.00 and 40000 | 2003858.00"
FAQ
What does Corcept Therapeutics' Form 144 (CORT) disclose?
It discloses a proposed resale filing and related details. The notice lists a stock option exercise dated 07/06/2022, broker information for Stifel Nicolaus, and two reported past sales by Joseph K. Belanoff of 26,198 and 40,000 shares.
Does the Form 144 show the broker handling the sale for CORT?
Yes. The notice lists Stifel Nicolaus & Company Inc. with an address in St. Louis and references NASDAQ. The filing includes a broker record alongside the securities and transaction rows.
Is the filing an indication of an offering or a resale registration for CORT?
Form 144 is a notice of proposed resale under securities rules rather than a registration statement. It documents proposed or recent sales by an affiliate and related broker details rather than registering new shares for issuance.