Corcept (NASDAQ: CORT) grants CBO 140,000 options vesting over four years
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Robb Gary Charles reported acquisition or exercise transactions in this Form 4 filing.
Corcept Therapeutics granted Chief Business Officer Gary Charles Robb stock options covering 140,000 shares on February 27, 2026. These options vest in equal monthly installments over four years starting on February 27, 2026, subject to his continued service through each vesting date.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Robb Gary Charles
Role
Chief Business Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (right to buy) | 140,000 | $0.00 | -- |
Holdings After Transaction:
Stock Option (right to buy) — 140,000 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Corcept Therapeutics (CORT) report for Gary Charles Robb?
Corcept Therapeutics reported that Chief Business Officer Gary Charles Robb received a grant of stock options for 140,000 shares. The award represents equity-based compensation rather than an open-market stock purchase or sale.
When do Gary Charles Robb’s Corcept Therapeutics (CORT) options vest?
The options begin vesting on February 27, 2026 and then vest ratably in equal monthly installments over four years. Each vesting date requires Gary Charles Robb to remain in service with the company.
Is the Corcept Therapeutics (CORT) Form 4 a stock purchase or an option grant?
The Form 4 reflects an option grant, not a stock purchase. Gary Charles Robb received stock options described as a right to buy shares, reported under transaction code “A” for a grant or award acquisition.
Does Gary Charles Robb hold the Corcept Therapeutics (CORT) options directly or indirectly?
The filing reports that Gary Charles Robb holds the 140,000 stock options directly. The ownership code is listed as direct, with no indication of an intermediary entity such as a trust or partnership.