Corcept director buys 100,000 shares in open market
Corcept Therapeutics director Leonard G. Baker Jr. reported buying a total of 100,000 shares of Common Stock in open-market transactions on March 17, 2026.
Rhea-AI Filing Summary
Corcept Therapeutics director Leonard G. Baker Jr. reported buying a total of 100,000 shares of Common Stock in open-market transactions on March 17, 2026. The purchases were split between 75,782 shares at a weighted average price of $33.0022 and 24,218 shares at a weighted average price of $33.5633, with actual trade prices ranging from $32.43 to $33.68.
Following these purchases, Baker directly holds 1,146,631 Corcept shares. He also has indirect interests in 3,308,303 shares held by a limited partnership and 1,095,262 shares held by a trust, while disclaiming beneficial ownership except to the extent of his pecuniary interests.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 75,782 | $33.0022 | $2.50M |
| Purchase | Common Stock | 24,218 | $33.5633 | $813K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (4)
- F1. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $32.43 to $33.30 inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.
- F2. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $33.44 to $33.68 inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.
- F3. Shares held by a limited partnership of which the reporting person is a trustee of a trust which is the general partner. The reporting person disclaims beneficial ownership in these shares except as to the reporting person's pecuniary interest therein.
- F4. Shares held by a trust of which the reporting person is a trustee. The reporting person disclaims beneficial ownership in these shares except as to the reporting person's pecuniary interest in the trust.
FAQ
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What did Corcept Therapeutics (CORT) director Leonard G. Baker Jr. report in this Form 4?
How are Leonard G. Baker Jr.’s indirect Corcept (CORT) holdings structured?
Does this Corcept Therapeutics (CORT) Form 4 include any stock option exercises or derivative transactions?
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