Corcept Therapeutics (CORT) affiliate files to sell 40,000 shares after option exercise
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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Key Figures
Planned shares to be sold: 40,000 shares
Shares sold June 1, 2026: 40,000 shares
Proceeds June 1, 2026: $2,800,004.00
+3 more
6 metrics
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
Key Terms
Form 144, Stock Option Exercises, Equity Compensation
3 terms
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.
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.
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.