Corcept Therapeutics officer sells 8,333 shares
The three reported sales by Corcept Therapeutics' President, Oncology, were made under a 10b5-1 plan adopted before the officer appointment.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
Corcept Therapeutics' President, Oncology, Roberto Wandenkolk Vieira, exercised options for 8,333 common shares at $21.63 per share on October 2, 2026. The reported stock-option position after the exercise was 133,334 shares.
Three common-stock sales were reported that day: 1,100 shares at a weighted average of $114.5205 per share, 2,086 at $115.7298, and 5,147 at $116.5850. The sales were made under a 10b5-1 plan adopted June 17, 2026, before he was appointed an officer.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock option (right to buy) F6 | 8,333 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 8,333 | $21.63 | $180K |
| Sale | Common Stock F2, F3, F1 | 1,100 | $114.5205 | $126K |
| Sale | Common Stock F2, F4, F1 | 2,086 | $115.7298 | $241K |
| Sale | Common Stock F2, F5, F1 | 5,147 | $116.585 | $600K |
Footnotes (6)
- F1. Includes 179 shares underlying unvested restricted stock awards granted to the Reporting Person by the Issuer on December 1, 2025, 396 shares underlying unvested restricted stock awards granted to the Reporting Person by the Issuer on March 2, 2026, 634 shares underlying unvested restricted stock awards granted to the Reporting Person by the Issuer on June 1, 2026 and 138 shares underlying unvested restricted stock awards granted to the Reporting Person by the Issuer on September 1, 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.
- F2. This transaction was made pursuant to a 10b5-1 plan adopted by the Reporting Person on June 17, 2026, prior to the Reporting Person being appointed an officer of the Issuer, which was in effect at the time of this transaction.
- F3. Represents the weighted average sale price for the entire number of shares sold. The actual sale prices range from $114.03 to $114.90 per share. Information on the exact number of shares sold at each sale price can be obtained from the Issuer upon request.
- F4. Represents the weighted average sale price for the entire number of shares sold. The actual sale prices range from $115.16 to $116.04 per share. Information on the exact number of shares sold at each sale price can be obtained from the Issuer upon request.
- F5. Represents the weighted average sale price for the entire number of shares sold. The actual sale prices range from $116.24 to $117.22 per share. Information on the exact number of shares sold at each sale price can be obtained from the Issuer upon request.
- F6. Shares subject to the stock option vested and became exercisable with respect to 25% of the shares underlying the option on January 29, 2025 with the remaining shares vesting and becoming exercisable ratably on a monthly basis over a period of 36 consecutive months thereafter until fully vested and exercisable on January 29, 2028, subject to the Reporting Person's continued service.
Key Figures
Key Terms
10b5-1 plan regulatory
weighted average sale price financial
restricted stock awards financial
vested and exercisable technical
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What were CORT officer Roberto Wandenkolk Vieira's stock sales on October 2, 2026?
What are the vesting terms for Roberto Wandenkolk Vieira's CORT stock option?
AI-generated analysis. How Rhea-AI works. Not financial advice.