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Corcept Therapeutics (CORT) CFO reports stock awards and tax-withholding trades

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Corcept Therapeutics Chief Financial Officer Atabak Mokari reported a mix of share awards and tax withholding transactions in company stock. On March 2, 2026, he acquired 397 shares of common stock in one grant/award transaction at $35.97 per share and another 397-share grant at a stated price of $0.00 per share.

On March 3, 2026, 96 shares were disposed of in a tax-withholding transaction at $35.97 per share to cover obligations tied to vesting restricted stock units. Following these transactions, he directly owned 15,257 shares of common stock, including unvested restricted stock awards subject to future vesting conditions.

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SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Mokari Atabak

(Last) (First) (Middle)
C/O CORCEPT THERAPEUTICS INCORPORATED
101 REDWOOD SHORES PARKWAY

(Street)
REDWOOD CITY CA 94065

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
CORCEPT THERAPEUTICS INC [ CORT ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Financial Officer
3. Date of Earliest Transaction (Month/Day/Year)
03/02/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 03/02/2026 A 397(1) A $35.97(2) 14,956(3) D
Common Stock 03/02/2026 A 397(4) A $0.00 15,353(3) D
Common Stock 03/03/2026 F(5) 96 D $35.97(6) 15,257(7) D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
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.
2. In accordance with the Purchase Plan, the price was established based on the closing price on the day of the purchase.
3. Includes 232 shares underlying unvested restricted stock awards granted to the Reporting Person by the Issuer on March 3, 2025, 775 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.
4. 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.
5. 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.
6. The closing price on March 2, 2026 was used to calculate the withholding obligation.
7. Includes 775 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.
Remarks:
The power of attorney under which this form was signed is on file with the Commission.
/s/ Joseph Douglas Lyon, as attorney-in-fact for Atabak Mokari. 03/04/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transactions did Corcept Therapeutics (CORT) CFO report on March 2–3, 2026?

The CFO reported two stock award acquisitions of 397 shares each on March 2, 2026, and a 96-share tax-withholding disposition on March 3, 2026. All transactions involved Corcept Therapeutics common stock at or referenced to a price of $35.97 per share.

Did the Corcept Therapeutics (CORT) CFO buy or sell shares on the open market?

The filing describes stock grants and tax-withholding, not open-market trades. Two grant or award acquisitions and one tax-withholding disposition were reported, with the issuer withholding 96 shares to satisfy tax obligations related to vesting restricted stock units.

How many Corcept Therapeutics (CORT) shares does the CFO hold after these Form 4 transactions?

After the reported transactions, the CFO directly owned 15,257 shares of Corcept Therapeutics common stock. This figure includes shares underlying unvested restricted stock awards that will vest on future anniversaries if specified service and ownership conditions are met.

What price was used for the Corcept Therapeutics (CORT) stock purchase plan and tax withholding?

The price for purchase plan shares and tax withholding was based on the March 2, 2026 closing price of $35.97. Footnotes state this closing price determined both the purchase plan share price and the calculation of the tax withholding obligation.

What vesting conditions apply to the Corcept Therapeutics (CORT) CFO’s restricted stock awards?

Unvested restricted stock awards generally vest 100% on the one-year anniversary of their grant date. Vesting requires that the CFO satisfy specified service requirements and, for awards under the purchase plan, remain the beneficial owner of the purchase plan shares through the one-year anniversary.

How are purchase plan shares and restricted stock awards structured for Corcept Therapeutics (CORT) executives?

Purchase plan shares are acquired under the 2024 Incentive Award Plan at the purchase date’s closing price. Related restricted stock awards vest after one year if conditions are met, including continued service and, for certain awards, continued beneficial ownership of the underlying purchase plan shares.
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3.62B
92.57M
Biotechnology
Pharmaceutical Preparations
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United States
REDWOOD CITY