Corcept Therapeutics (CORT) CDO logs plan-based purchase and 498-share grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Corcept Therapeutics Chief Development Officer William Guyer reported two stock acquisitions. On March 2, 2026, he acquired 498 shares of common stock at $35.97 per share under a purchase plan and received an additional 498 restricted shares at no cost. After these transactions, he directly owned 2,231 shares, including unvested restricted stock awards that vest after one year if specified service and ownership conditions are met.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Guyer William
Role
Chief Development Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 498 | $35.97 | $18K |
| Grant/Award | Common Stock | 498 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 1,733 shares (Direct)
Footnotes (1)
- 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 March 2, 2026. In accordance with the Purchase Plan, the price was established based on the closing price on the day of the purchase. Includes 224 shares underlying unvested restricted stock awards granted to the Reporting Person by the Issuer on December 1, 2025. 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. 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.
FAQ
What did William Guyer report in his latest Form 4 for CORT?
William Guyer reported acquiring 498 common shares at $35.97 and receiving 498 restricted shares on March 2, 2026. These transactions were made under Corcept Therapeutics’ 2024 Incentive Award Plan and a related purchase plan, increasing his direct holdings to 2,231 shares.
What restricted stock awards did William Guyer receive in this Form 4?
William Guyer received 498 restricted common shares at a price of $0.00 per share on March 2, 2026. These shares were granted under a purchase plan and will fully vest one year after the grant date if he remains the beneficial owner of the related purchase plan shares.
When do William Guyer’s unvested Corcept restricted stock awards vest?
A prior 224-share restricted stock grant from December 1, 2025 vests 100% after one year if employment-related requirements are met. The 498 new restricted shares vest 100% one year after grant, provided he continues as beneficial owner of the purchase plan shares over that period.
Under which plan were William Guyer’s CORT transactions executed?
The purchases and restricted stock awards were executed under Corcept Therapeutics’ 2024 Incentive Award Plan and an associated purchase plan. The plan sets the purchase price using the closing market price and provides restricted stock awards that vest after one year if specified conditions are satisfied.