Corcept officer plans $8.3M Rule 144 stock sale
Rhea-AI Filing Summary
CORCEPT THERAPEUTICS INC (CORT) has a notice of proposed sale under Rule 144 for up to 75,295 shares of common stock for the account of officer Roberto Wandenkolk Vieira, to be sold through Stifel Nicolaus & Company Inc. The shares include 74,999 acquired through a stock option exercise on February 1, 2024 and 296 acquired through an ESPP purchase on September 1, 2026. The notice cites an aggregate market value of $8,339,418 and 108,098,397 shares of common stock outstanding, with an approximate sale date of September 2, 2026.
Positive
- None.
Negative
- None.
Key Figures
Shares to be sold: 75,295 shares
Aggregate market value: $8,339,418
Shares outstanding: 108,098,397 shares
+3 more
6 metrics
Shares to be sold
75,295 shares
Maximum number of CORCEPT common shares covered by the Rule 144 notice
Aggregate market value
$8,339,418
Aggregate market value of the 75,295 shares covered by the notice
Shares outstanding
108,098,397 shares
CORCEPT common shares outstanding referenced in the Rule 144 filing
Option shares acquired
74,999 shares
Shares acquired via stock option exercise on February 1, 2024 from the issuer
ESPP shares acquired
296 shares
Shares acquired via ESPP purchase on September 1, 2026 from the issuer
Approximate sale date
September 2, 2026
Approximate date of sale for the shares covered by the notice
Key Terms
Rule 144, Stock Option Exercise, ESPP
3 terms
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
Stock Option Exercise financial
"Common Stock | 02/01/2024 | 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.
ESPP financial
"Common Stock | 09/01/2026 | ESPP | Issuer"
An Employee Stock Purchase Plan (ESPP) is a company program that lets employees buy the company’s shares at a reduced price, usually by setting aside a small portion of their pay over time. It matters to investors because it encourages employees to own part of the business—like giving staff a discounted membership— which can boost commitment and performance, while also potentially increasing the number of shares available and affecting shareholder value.
FAQ
What is being disclosed for CORT in this Form 144 filing?
The filing discloses a proposed Rule 144 sale of up to 75,295 shares of CORCEPT THERAPEUTICS INC common stock for the account of officer Roberto Wandenkolk Vieira, to be executed through Stifel Nicolaus & Company Inc around September 2, 2026.
AI-generated analysis. How Rhea-AI works. Not financial advice.