Corcept officer logs stock grants, tax withholding
Corcept Therapeutics officer Joseph Douglas Lyon reported routine equity compensation activity in the company’s common stock.
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Rhea-AI Filing Summary
Corcept Therapeutics officer Joseph Douglas Lyon reported routine equity compensation activity in the company’s common stock. On March 2, 2026, he acquired 398 shares in a grant or award and another 398 shares tied to a purchase plan, with the price based on that day’s closing price.
On March 3, 2026, 89 shares were disposed of through share withholding to cover tax obligations related to vesting restricted stock units, rather than an open-market sale. Following these transactions, he directly holds 11,230 shares, including unvested restricted stock awards that generally vest one year after their grant dates if required conditions are met.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 89 | $35.97 | $3K |
| Grant/Award | Common Stock | 398 | $35.97 | $14K |
| Grant/Award | Common Stock | 398 | $0.00 | $0.00 |
Footnotes (7)
- 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 March 2, 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 216 shares underlying unvested restricted stock awards granted to the Reporting Person by the Issuer on March 3, 2025, 749 shares underlying unvested restricted stock awards granted to the Reporting Person by the Issuer on June 2, 2025, 200 shares underlying unvested restricted stock awards granted to the Reporting Person by the Issuer on September 2, 2025 and 178 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.
- 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.
- F5. These shares were withheld by the Issuer in order to satisfy certain tax withholding obligations in connection with the issuance of shares upon the vesting of restricted stock units.
- F6. The closing price on March 2, 2026 was used to calculate the withholding obligation.
- F7. Includes 749 shares underlying unvested restricted stock awards granted to the Reporting Person by the Issuer on June 2, 2025, 200 shares underlying unvested restricted stock awards granted to the Reporting Person by the Issuer on September 2, 2025 and 178 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.
FAQ
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What insider transactions did Corcept Therapeutics (CORT) report for Joseph Douglas Lyon?
What equity awards did the Corcept Therapeutics (CORT) officer receive on March 2, 2026?
How do Corcept Therapeutics (CORT) restricted stock awards for this insider vest?
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