CORT (NASDAQ: CORT) insider schedules 20,000-share option-related sale
Rhea-AI Filing Summary
CORT has filed to permit the sale of 20,000 shares of common stock on NASDAQ, expected to be effected for cash on August 4, 2026, with an indicated aggregate value of $2,256,000.00.
The transaction is tied to a stock option exercise by William Guyer. Over the prior three months, Guyer reported three separate sales of 20,000 shares each, on May 5, 2026, June 2, 2026, and July 7, 2026, with respective sale values of $1,035,501.00, $1,410,964.00, and $1,861,491.00.
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Key Figures
Planned shares to be sold: 20,000 shares
Aggregate market value of planned sale: $2,256,000.00
Shares sold May 5, 2026: 20,000 shares
+3 more
6 metrics
Planned shares to be sold
20,000 shares
Common stock proposed for sale on NASDAQ on August 4, 2026
Aggregate market value of planned sale
$2,256,000.00
Value associated with 20,000 planned shares of common stock
Shares sold May 5, 2026
20,000 shares
Common stock sold by William Guyer on May 5, 2026
Proceeds May 5, 2026 sale
$1,035,501.00
Value of 20,000 CORT shares sold on May 5, 2026
Proceeds June 2, 2026 sale
$1,410,964.00
Value of 20,000 CORT shares sold on June 2, 2026
Proceeds July 7, 2026 sale
$1,861,491.00
Value of 20,000 CORT shares sold on July 7, 2026
Key Terms
Form 144, Stock Option Exercise, Securities To Be Sold
3 terms
Form 144 regulatory
"Please analyze the following financial content according to the instructions above."
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
"Common | 08/04/2026 | Stock Option Exercise | Issuer |"
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.
Securities To Be Sold regulatory
"144: Securities To Be Sold Common | 08/04/2026 |"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What stock sale is disclosed for CORT in this Form 144?
The filing covers a proposed sale of 20,000 shares of CORT common stock on NASDAQ, tied to a stock option exercise expected to be completed for cash on August 4, 2026.
Who is the selling security holder in the CORT Form 144 filing?
The selling security holder is William Guyer, who plans to sell 20,000 shares of CORT common stock in connection with a stock option exercise scheduled for August 4, 2026.
What CORT stock sales has William Guyer made in the past three months?
Over the prior three months, William Guyer sold 20,000 shares of CORT common stock on May 5, June 2, and July 7, 2026, with respective sale values of $1,035,501.00, $1,410,964.00, and $1,861,491.00.
How does the planned CORT sale relate to stock options?
The Form 144 describes the planned sale of 20,000 shares of CORT common stock as arising from a Stock Option Exercise, with the issuer listed as the counterparty and settlement in cash on August 4, 2026.