Corcept director reports 910,078-share stock gifts
Corcept Therapeutics director James N. Wilson reported indirect gifts of company stock made through family entities.
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Rhea-AI Filing Summary
Corcept Therapeutics director James N. Wilson reported indirect gifts of company stock made through family entities. Entities associated with Wilson, including a family trust and James and Pamela Wilson Family Partners, made bona fide gifts totaling 910,078 shares of Corcept common stock at no consideration.
Following these transactions, the James N. Wilson and Pamela D. Wilson Trust held 1,104,543 shares indirectly, and two 2025 Grantor Retained Annuity Trusts each held 200,000 shares. Wilson has voting power over certain shares via voting agreements but disclaims beneficial ownership except to the extent of his pecuniary interest.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock | 892,056 | $0.00 | $0.00 |
| Gift | Common Stock | 9,011 | $0.00 | $0.00 |
| Gift | Common Stock | 9,011 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (2)
- F1. Reporting Person has voting power over the shares held by the James N. Wilson and Pamela D. Wilson Trust and James and Pamela Wilson Family Partners pursuant to voting agreements and disclaims beneficial ownership of all of such shares, except to the extent of his pecuniary interest therein.
- F2. Transfer of shares without consideration to the James N. Wilson and Pamela D. Wilson Trust.
Key Figures
Key Terms
bona fide gift financial
Grantor Retained Annuity Trust financial
pecuniary interest financial
voting agreements financial
indirect ownership financial
FAQ
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What did Corcept Therapeutics (CORT) director James N. Wilson report on this Form 4?
What indirect Corcept (CORT) holdings are shown for the Wilson Grantor Retained Annuity Trusts?
AI-generated analysis. How Rhea-AI works. Not financial advice.