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Corcept Therapeutics (NASDAQ: CORT) affiliate plans sale of 20,000 shares via Stifel

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Corcept Therapeutics Inc. files a Form 144 reporting an intended sale of 20,000 shares of Common Stock through Stifel Nicolaus & Company Inc. on 05/05/2026 via a stock option exercise for cash. The filing also lists three prior dispositions by William Guyer on 03/04/2026, 03/20/2026, and 04/08/2026 totaling 40,000 shares reported with dollar amounts alongside each sale.

Positive

  • None.

Negative

  • None.

Insights

Form 144 reports an affiliate sale of 20,000 shares via brokered exercise-and-sale.

The filing lists a proposed sale of 20,000 shares through Stifel Nicolaus on 05/05/2026, identified as a stock option exercise settled for cash. Prior dispositions by the same reporting person are listed with dates and proceeds.

Cash‑flow treatment is explicit for the exercise (cash). Timing and aggregate impact on outstanding share count are not provided in the excerpt; subsequent filings may show final trade settlement and any changes in post-transaction holdings.

Proposed shares to be sold 20,000 shares planned sale through Stifel Nicolaus on 05/05/2026
Reported proceeds (line item) $1,032,000.00 appears on same line as broker and 20,000 (from excerpt)
Prior sale on 04/08/2026 20,000 shares William Guyer disposition reported with $819,453.00
Prior sale on 03/20/2026 11,767 shares William Guyer disposition reported with $423,707.00
Prior sale on 03/04/2026 8,233 shares William Guyer disposition reported with $296,346.00
Form 144 regulatory
"files a Form 144 reporting an intended sale"
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
"described as a stock option exercise for cash"
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.
proposed disposition regulatory
"Securities To Be Sold Common 05/05/2026 Stock Option Exercise"

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

FAQ

What does Corcept Therapeutics' Form 144 (CORT) report?

It reports a proposed sale of 20,000 shares. The sale is through Stifel Nicolaus on 05/05/2026 and is described as a stock option exercise settled in cash.

Who is the reporting person in the Form 144 for CORT?

William Guyer is named in the filing. The excerpt lists multiple prior dispositions by Guyer on 03/04/2026, 03/20/2026, and 04/08/2026 with share counts and proceeds.

How many shares were proposed and what broker is handling the sale in the CORT filing?

20,000 shares are proposed for sale. The broker shown is Stifel Nicolaus & Company Inc. and the transaction method is a stock option exercise for cash on 05/05/2026.

What prior sales by the reporting person are listed in the Form 144 excerpt?

Three prior dispositions are listed. They are: 03/04/2026 for 8,233 shares ($296,346), 03/20/2026 for 11,767 shares ($423,707), and 04/08/2026 for 20,000 shares ($819,453).