Corcept Therapeutics (CORT) CFO awarded stock options on 140,000 shares
Rhea-AI Filing Summary
Corcept Therapeutics' Chief Financial Officer receives a new stock option grant. On February 27, 2026, CFO Atabak Mokari was granted stock options covering 140,000 shares of Corcept Therapeutics common stock at an exercise price of $0.00 per share, recorded as a direct ownership position.
The options vest in equal monthly installments over four years, starting from the monthly anniversary of February 27, 2026, and require the executive’s continued service through each vesting date. After this grant, the reported derivative holdings from this award total 140,000 options.
Positive
- None.
Negative
- None.
Insights
Routine executive option grant increases equity-based incentives for the CFO.
The filing shows Corcept Therapeutics' CFO received a grant of stock options for 140,000 shares at an exercise price of $0.00 per share. This is classified as a grant or award acquisition, not an open-market purchase, and represents additional derivative-based compensation.
The options vest monthly over four years starting on the monthly anniversary of February 27, 2026, contingent on continued service. This structure encourages ongoing tenure and aligns compensation with long-term performance as value is realized only upon vesting and potential future exercises under the plan’s terms.
The impact depends on future stock performance and whether the options become economically valuable relative to the exercise price. Subsequent company filings may detail aggregate executive equity awards and any exercises that translate these options into common shares.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (right to buy) | 140,000 | $0.00 | $0.00 |
Footnotes (1)
- F1. Exercise ratably in equal installments on each monthly anniversary of February 27, 2026 over a four-year period subject to the Reporting Person's continued service through each vesting date.
FAQ
What did Corcept Therapeutics (CORT) disclose about CFO Atabak Mokari in this Form 4?
What is the exercise price of the Corcept Therapeutics (CORT) stock options granted to the CFO?
How do the stock options granted to Corcept Therapeutics (CORT) CFO vest over time?
Is the Corcept Therapeutics (CORT) CFO’s new option grant a direct or indirect holding?
AI-generated analysis. How Rhea-AI works. Not financial advice.