Corcept insider trades: 2,200 options exercised, sale at $87.54
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Corcept Therapeutics (CORT) director reports option exercise and sale. On 10/10/2025, the reporting person exercised 2,200 stock options at $14.08 per share and sold 2,200 shares at $87.54, both reported as direct holdings. The sale was made pursuant to a Rule 10b5-1 trading plan adopted on August 1, 2024.
Following these transactions, common stock directly held was 0 shares. The filer reports 1,100 derivative securities (stock options) remaining directly owned, which are fully exercisable and carry an expiration date of 08/20/2028.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 2,200 shares ($192,588)
Net Sell
3 txns
Insider
Swisher Daniel N JR
Role
Director
Sold
2,200 shs ($193K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock option (right to buy) | 2,200 | $0.00 | -- |
| Exercise | Common Stock | 2,200 | $14.08 | $31K |
| Sale | Common Stock | 2,200 | $87.54 | $193K |
Holdings After Transaction:
Stock option (right to buy) — 1,100 shares (Direct);
Common Stock — 2,200 shares (Direct)
Footnotes (1)
- The transaction was made pursuant to a 10b5-1 plan adopted by the Reporting Person on August 1, 2024 in effect at the time of this transaction. Fully exercisable.
FAQ
What insider transaction did CORT report on Form 4?
A director exercised 2,200 stock options at $14.08 and sold 2,200 shares at $87.54 on 10/10/2025.
Was the CORT insider sale under a 10b5-1 plan?
Yes. The sale was made pursuant to a Rule 10b5-1 plan adopted on August 1, 2024.
How many CORT options does the insider still hold?
The insider reports 1,100 stock options remaining directly owned.
What is the expiration date of the remaining CORT options?
The reported stock options carry an expiration date of 08/20/2028 and are fully exercisable.
What were the transaction codes on the CORT Form 4?
Code M for the option exercise and code S for the sale.