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Corcept Therapeutics (CORT) affiliate files to sell 40,000 shares after option exercise

(Neutral)
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Corcept Therapeutics (CORT) affiliate Atabak Mokari filed a notice to sell 40,000 shares of common stock through Stifel Nicolaus & Company on or about July 30, 2026 on Nasdaq. The shares relate to stock option exercises dated February 13, 2023 under equity compensation.

The filing also lists prior sales over the past three months: 40,000 shares on June 1, 2026 for $2,800,004.00, 40,000 shares on June 15, 2026 for $3,245,900.00, and 40,000 shares on July 15, 2026 for $3,508,276.00.

Positive

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Negative

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Planned shares to be sold 40,000 shares Common stock to be sold on or about July 30, 2026
Shares sold June 1, 2026 40,000 shares Common stock sold on June 1, 2026
Proceeds June 1, 2026 $2,800,004.00 Aggregate sale price for 40,000 shares on June 1, 2026
Proceeds June 15, 2026 $3,245,900.00 Aggregate sale price for 40,000 shares on June 15, 2026
Proceeds July 15, 2026 $3,508,276.00 Aggregate sale price for 40,000 shares on July 15, 2026
Option exercise date 02/13/2023 Date of stock option exercises underlying the 40,000 shares
Form 144 regulatory
"144: Securities To Be Sold"
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 Exercises financial
"Common Stock | 02/13/2023 | Stock Option Exercises | Issuer"
Equity Compensation financial
"40000 | 02/13/2023 | Equity Compensation"
Equity compensation is pay given to employees, executives or contractors in the form of company ownership—such as stock, stock options or restricted shares—rather than just cash. It matters to investors because it can align workers' incentives with shareholders (like paying someone in slices of the same pie they help grow), but it also increases the number of shares outstanding and company expenses, affecting ownership percentages and earnings per share.

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

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FAQ

What does Corcept Therapeutics (CORT) Form 144 filed by Atabak Mokari disclose?

The Form 144 discloses Atabak Mokari’s proposed sale of 40,000 shares of Corcept Therapeutics common stock on or about July 30, 2026, with the shares tied to stock option exercises from February 13, 2023.

How many Corcept Therapeutics (CORT) shares is Atabak Mokari planning to sell?

Atabak Mokari plans to sell 40,000 shares of Corcept Therapeutics common stock. These shares are associated with equity compensation arising from stock option exercises that occurred on February 13, 2023.

Which broker will handle the Corcept Therapeutics (CORT) Form 144 sale for Atabak Mokari?

The Form 144 states that Stifel Nicolaus & Company Inc., located at 501 N Broadway, St. Louis, MO 63102, will handle the planned sale of 40,000 shares of Corcept Therapeutics common stock on Nasdaq.

What prior Corcept Therapeutics (CORT) stock sales by Atabak Mokari are listed in the Form 144?

The filing lists three prior sales: 40,000 shares on June 1, 2026 for $2,800,004.00, 40,000 shares on June 15, 2026 for $3,245,900.00, and 40,000 shares on July 15, 2026 for $3,508,276.00.

What is the nature of the Corcept Therapeutics (CORT) shares in Atabak Mokari’s Form 144?

The 40,000 shares to be sold are Corcept Therapeutics common stock obtained via stock option exercises dated February 13, 2023, categorized in the filing as equity compensation from the issuer.

On which market will the Corcept Therapeutics (CORT) Form 144 shares be sold?

The Form 144 specifies that the 40,000 shares of Corcept Therapeutics common stock are expected to be sold on the Nasdaq market, with Stifel Nicolaus & Company Inc. acting as the broker.

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