CORT files Rule 144 notice to sell 160,000 shares

CORT files a Rule 144 notice to sell 160,000 shares of Common Stock through Stifel Nicolaus & Company Inc. The filing references 160,000 shares, an amount of $11,200,016.00, and a Nasdaq listing with a date entry of 06/01/2026.

Rhea-AI Filing Summary

CORT files a Rule 144 notice to sell 160,000 shares of Common Stock through Stifel Nicolaus & Company Inc. The filing references 160,000 shares, an amount of $11,200,016.00, and a Nasdaq listing with a date entry of 06/01/2026. The excerpt also lists prior stock option exercises of 95,833 (02/02/2022) and 64,167 (02/13/2023).

Insights

Securities Compliance Analyst

TL;DR: A Rule 144 notice was filed listing 160,000 common shares and related option-exercise history.

The filing lists a proposed resale of 160,000 shares via Stifel Nicolaus & Company Inc, with an amount shown as $11,200,016.00 and a Nasdaq listing referenced. Rule 144 notices are administrative disclosures of intended resale by restricted/affiliated holders.

Timing and cash-flow treatment are not further detailed in the excerpt; subsequent transaction mechanics will depend on the seller's compliance with the conditions of Rule 144 and any broker arrangements.

Equity Compensation Specialist

TL;DR: The notice shows past equity compensation exercises totaling 160,000 shares combined across two dated exercises.

The excerpt records stock option exercises of 95,833 on 02/02/2022 and 64,167 on 02/13/2023, which together equal the 160,000 share figure listed elsewhere in the row. These entries appear tied to equity-compensation events rather than an issuer-initiated primary offering.

Documentation of vesting, holding periods, or transfer restrictions is not included in the excerpt; review of full disclosure or transfer agent records would clarify resale eligibility under Rule 144.

Key Figures

Shares listed for resale: 160,000 shares Amount shown: $11,200,016.00 Exchange noted: Nasdaq +4 more

7 metrics

Shares listed for resale 160,000 shares Row listing under Common Stock

Amount shown $11,200,016.00 Numeric field adjacent to 160,000 in the excerpt

Exchange noted Nasdaq Exchange column in the excerpt

Date entry 06/01/2026 Date listed in the same row as share and amount

Option exercise (1) 95,833 shares Stock Option Exercises on 02/02/2022

Option exercise (2) 64,167 shares Stock Option Exercises on 02/13/2023

Large numeric field 107,351,594 Numeric column present in the excerpt row

Key Terms

Form 144, Rule 144 notice, Stock Option Exercises, Equity Compensation

4 terms

Form 144 regulatory

"Filer Information row showing Common Stock and Stifel Nicolaus"

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.

Rule 144 notice regulatory

"Row labeled Securities To Be Sold and Common Stock"

A Rule 144 notice is a public filing that an insider or holder of restricted stock submits when they plan to sell shares that aren’t freely tradable yet; it lists how many shares they intend to sell and under what conditions. For investors, it matters because it signals potential insider selling and an upcoming increase in shares available to the market—similar to someone announcing a big garage sale, which can affect supply and price expectations.

Stock Option Exercises financial

"Entries showing 02/02/2022 95,833 and 02/13/2023 64,167"

Equity Compensation financial

"Trailing text after option exercise entries"

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.

FAQ

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

What does the CORT Form 144 disclose?

The filing discloses a Rule 144 notice to sell 160,000 shares of Common Stock through Stifel Nicolaus & Company Inc. It also shows an amount of $11,200,016.00 and references Nasdaq with a date of 06/01/2026.

Does the Form 144 show recent equity exercises for CORT?

Yes. The excerpt lists stock option exercises of 95,833 shares on 02/02/2022 and 64,167 shares on 02/13/2023. Those two exercise amounts correspond to the 160,000 figure shown elsewhere in the row.

Who is the broker/dealer listed on the CORT notice?

The broker/dealer named is Stifel Nicolaus & Company Inc at the address shown. The excerpt identifies this firm as the intermediary associated with the listed sale of 160,000 shares.

Does the Form 144 excerpt state how proceeds will be used?

No. The provided excerpt lists $11,200,016.00 alongside the shares but does not state who receives proceeds or how they will be used. The filing excerpt does not disclose cash-flow treatment or use of proceeds.

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 Not now

Accepted by SEC EDGAR 06/01/2026 - 05:50 PM Learn about SEC filing dates

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK	0001678419
Filer CCC	XXXXXXXX
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer	CORCEPT THERAPEUTICS INC
SEC File Number	000-50679
Address of Issuer	101 REDWOOD SHORES PARKWAY REDWOOD CITY CALIFORNIA 94065
Phone	650.688.8803
Name of Person for Whose Account the Securities are To Be Sold	Mokari Atabak
See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.
Relationship to Issuer	Officer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common Stock	Stifel Nicolaus & Company Inc 501 N Broadway St. Louis MO 63102	160000	11200016.00	107351594	06/01/2026	Nasdaq

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

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common Stock	02/02/2022	Stock Option Exercises	Issuer			95833	02/02/2022	Equity Compensation
Common Stock	02/13/2023	Stock Option Exercises	Issuer			64167	02/13/2023	Equity Compensation

* 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

Nothing to Report

144: Remarks and Signature

Remarks
Date of Notice	06/01/2026
Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1	12/12/2025
ATTENTION:
The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.
Signature	/s/ James Weimer, as a duly authorized representative of STIFEL, as attorney-in-fact for Atabak Mokari
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)