Corcept CEO trust sells 26,198 CORT shares
Corcept Therapeutics’ Chief Executive Officer Joseph K. Belanoff reported an open-market sale of 26,198 shares of common stock at a weighted average price of $50.0735 per share.
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Rhea-AI Filing Summary
Corcept Therapeutics’ Chief Executive Officer Joseph K. Belanoff reported an open-market sale of 26,198 shares of common stock at a weighted average price of $50.0735 per share. The trade was executed indirectly through the Joseph K. Belanoff and Katherine A. Blenko Revocable Living Trust.
The sale occurred under a pre-arranged Rule 10b5-1 trading plan adopted on November 26, 2024. Following this transaction, the trust-related holdings reported for Belanoff total 2,918,326 shares of Corcept Therapeutics common stock.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 26,198 | $50.0735 | $1.31M |
Footnotes (3)
- F1. This transaction was made pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on November 26, 2024 in effect at the time of this transaction.
- F2. Represents the weighted average sale price for the entire number of shares sold. The actual sale prices range from $50.00 to $50.32 per share. Information on the exact number of shares sold at each sale price can be obtained from the Issuer upon request.
- F3. Reporting Person has voting power over the shares held by the Joseph K. Belanoff and Katherine A. Blenko Revocable Living Trust DTD 04/29/02 pursuant to voting agreements and disclaims beneficial ownership of all of such shares, except to the extent of his pecuniary interest therein.
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