STOCK TITAN

Corcept officer proposes $1.15M share sale

Earlier reported sales include 10,000 shares on September 14, 2026, and 1,540 shares on August 3, 2026.

(Neutral)

Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

Form Type
144

Rhea-AI Filing Summary

Corcept Therapeutics (CORT) officer Joseph D. Lyon reported a proposed sale of 10,000 common shares, with an aggregate market value of $1,152,300.00, on October 1, 2026, through Stifel Nicolaus. The shares are listed as acquired from the issuer through a stock option exercise for cash. Earlier reported sales were 1,540 shares for $175,725.77 on August 3, 2026, and 10,000 shares for $1,134,423.74 on September 14, 2026.

Proposed sale 10,000 shares October 1, 2026
Aggregate market value $1,152,300.00 Proposed sale
Shares outstanding 108,100,000 shares Securities information
Prior sale 1,540 shares August 3, 2026
Prior sale proceeds $175,725.77 August 3, 2026
Prior sale 10,000 shares September 14, 2026
Prior sale proceeds $1,134,423.74 September 14, 2026
Rule 144 regulatory
"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
"stock option exercise"
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.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many CORT shares does Joseph D. Lyon plan to sell?

Joseph D. Lyon’s notice lists a proposed sale of 10,000 common shares on October 1, 2026, with an aggregate market value of $1,152,300.00. Stifel Nicolaus is named as the broker for the proposed sale.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
Learn about SEC filing dates

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

Keep reading