Corcept officer granted options on 140K shares
Corcept Therapeutics reported that officer Sean Maduck received a grant of stock options covering 140,000 shares of the company’s stock.
Rhea-AI Filing Summary
Corcept Therapeutics reported that officer Sean Maduck received a grant of stock options covering 140,000 shares of the company’s stock. The award was recorded as an acquisition of derivative securities at no cash cost on the grant date.
According to the terms, these options vest in equal installments on each monthly anniversary of February 27, 2026 over a four-year period, and vesting requires Mr. Maduck’s continued service through each vesting date. Following this grant, he is shown as holding stock options for 140,000 shares directly.
Positive
- None.
Negative
- None.
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
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Corcept Therapeutics (CORT) report for Sean Maduck?
What type of security did Sean Maduck acquire in the Corcept Therapeutics (CORT) Form 4?
When was Sean Maduck’s Corcept Therapeutics (CORT) stock option grant dated?
How do Sean Maduck’s Corcept Therapeutics (CORT) options vest over time?
Does the Corcept Therapeutics (CORT) filing show Sean Maduck buying or selling stock?
AI-generated analysis. How Rhea-AI works. Not financial advice.