William Guyer - 01 Aug 2024 Form 4 Insider Report for CORCEPT THERAPEUTICS INC (CORT)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
05 Aug 2024, 18:56:09 UTC
Prior SEC filing
03 Jul 2024
Next SEC filing
05 Sep 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Joseph Douglas Lyon, as attorney-in-fact for William Guyer.

Key filing fact

William Guyer filed Form 4 for CORCEPT THERAPEUTICS INC (CORT) on 05 Aug 2024.

Key facts

  • This page summarizes William Guyer's Form 4 filing for CORCEPT THERAPEUTICS INC (CORT).
  • 3 reported transactions and 1 derivative row are listed below.
  • Accepted by SEC: 05 Aug 2024, 18:56.

Change

  • Previous filing in this sequence was filed on 03 Jul 2024.
  • Current net transaction value: -$170,200.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

CORT transaction

Common Stock

Options Exercise

Transaction value
$216,500
Shares
+10,000
Change %
+166%
Price
$21.65
Shares after
16,039
Date
01 Aug 2024
Ownership
Direct
Footnotes
F1
CORT transaction

Common Stock

Sale

Transaction value
$386,700
Shares
-10,000
Change %
-62%
Price
$38.67
Shares after
6,039
Date
01 Aug 2024
Ownership
Direct
Footnotes
F1, F2

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

CORT transaction Derivative

Stock option (right to buy)

Options Exercise

Transaction value
$0
Shares
-10,000
Change %
-2%
Price
$0.000000
Shares after
480,000
Date
01 Aug 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
10,000
Exercise price
$21.65
Footnotes
F3
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Rule 10b5-1 trading plan

These transactions were reported as open-market trades under a Rule 10b5-1 plan. The plan lets an insider set trading instructions in advance, which can reduce the risk of trading while in possession of material nonpublic information.

Original filing language: transaction made pursuant to a contract, instruction, or written plan intended to satisfy Rule 10b5-1(c).

Explanation of responses 3 footnotes

Footnote F1

Includes 478 shares underlying unvested restricted stock awards granted to the Reporting Person by the Issuer on September 1, 2023 and 609 shares underlying unvested restricted stock units granted to the Reporting Person by the Issuer on December 1, 2023. 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.

Footnote F2

The transaction was made pursuant to a 10b5-1 plan in effect at the time of this transaction.

Footnote F3

Shares subject to the stock option vested and became exercisable with respect to 25% of the shares on the first anniversary of August 16, 2021 (the "Vesting Commencement Date") with the remaining shares vesting and becoming exercisable ratably on a monthly basis over a period of 36 consecutive months thereafter until fully vested and exercisable on the fourth anniversary of the Vesting Commencement Date, subject to the Reporting Person's continued service.

SEC remarks

The power of attorney under which this form was signed is on file with the Commission.

We use cookies and similar technologies to provide certain features, enhance the user experience and, if you allow them, measure engagement and deliver advertising. Analytics and marketing storage stay off until you grant consent. By clicking on "Agree and continue", you declare your consent to the use of the selected optional cookies. Manage preferences to update or revoke optional consent for future visits. For more information, see our Privacy Policy .