CORT CDO awarded and buys 1,754 company shares
Corcept Therapeutics Chief Development Officer William Guyer reported stock-based compensation and share purchases in company stock.
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Rhea-AI Filing Summary
Corcept Therapeutics Chief Development Officer William Guyer reported stock-based compensation and share purchases in company stock. On June 1, 2026, he acquired 877 shares of common stock as a grant at $0.00 per share and an additional 877 shares at $70.44 per share under a purchase plan established within the 2024 Incentive Award Plan. Footnotes show these include shares underlying unvested restricted stock awards, which vest in full one year after their grant dates if service and ownership conditions are met.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 877 | $70.44 | $62K |
| Grant/Award | Common Stock | 877 | $0.00 | $0.00 |
Footnotes (4)
- F1. The Reporting Person purchased shares ("Purchase Plan Shares") of the Issuer's common stock pursuant to a purchase plan ("Purchase Plan") established under the Corcept Therapeutics Incorporated 2024 Incentive Award Plan on June 1, 2026.
- F2. In accordance with the Purchase Plan, the price was established based on the closing price on the day of the purchase.
- F3. Includes 224 shares underlying unvested restricted stock awards granted to the Reporting Person by the Issuer on December 1, 2025 and 498 shares underlying unvested restricted stock awards granted to the Reporting Person by the Issuer on March 2, 2026. 100% of the shares underlying the restricted stock awards will vest on the one-year anniversary of the grant date provided the Reporting Person satisfies certain requirements.
- F4. Shares underlie unvested restricted stock awards granted to the Reporting Person by the Issuer under the Purchase Plan. 100% of the shares underlying the restricted stock awards will vest on the one-year anniversary of the grant date provided the Reporting Person remains the beneficial owner of the Purchase Plan Shares through such one-year anniversary.
Key Figures
Key Terms
Purchase Plan financial
2024 Incentive Award Plan financial
restricted stock awards financial
beneficial owner financial
transaction code A financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did CORT executive William Guyer report on June 1, 2026?
Was the CORT Form 4 transaction a market buy or compensation grant?
How do the restricted stock awards for CORT’s William Guyer vest?
AI-generated analysis. How Rhea-AI works. Not financial advice.