Joseph Douglas Lyon - 17 Jul 2025 Form 4 Insider Report for CORCEPT THERAPEUTICS INC (CORT)

Role
Chief Accounting & Technology Officer
Signature
/s/ Joseph Douglas Lyon
Issuer symbol
CORT
Transactions as of
17 Jul 2025
Net transactions value
-$244,260
Form type
4
Filing time
21 Jul 2025, 19:10:49 UTC
Previous filing
03 Jul 2025
Next filing
05 Aug 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Lyon Joseph Douglas Chief Accounting & Technology Officer C/O CORCEPT THERAPEUTICS INCORPORATED, 101 REDWOOD SHORES PARKWAY, REDWOOD CITY /s/ Joseph Douglas Lyon 21 Jul 2025 0001817838

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CORT Common Stock Options Exercise $52,572 +3,877 +39% $13.56 13,943 17 Jul 2025 Direct F1
transaction CORT Common Stock Sale $284,864 -3,877 -28% $73.48 10,066 17 Jul 2025 Direct F1, F2, F3
transaction CORT Common Stock Options Exercise $2,712 +200 +2% $13.56 10,266 18 Jul 2025 Direct F1
transaction CORT Common Stock Sale $14,680 -200 -1.9% $73.40 10,066 18 Jul 2025 Direct F1, F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction CORT Stock option (right to buy) Options Exercise $0 -3,877 -9.3% $0.000000 37,594 17 Jul 2025 Common Stock 3,877 $13.56 Direct F4
transaction CORT Stock option (right to buy) Options Exercise $0 -200 -0.53% $0.000000 37,394 18 Jul 2025 Common Stock 200 $13.56 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Includes 372 shares underlying unvested restricted stock awards granted to the Reporting Person by the Issuer on September 3, 2024, 215 shares underlying unvested restricted stock awards granted to the Reporting Person by the Issuer on December 2, 2024, 216 shares underlying unvested restricted stock awards granted to the Reporting Person by the Issuer on March 3, 2025 and 749 shares underlying unvested restricted stock awards granted to the Reporting Person by the Issuer on June 2, 2025. 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.
F2 The transaction was made pursuant to a 10b5-1 plan adopted by the Reporting Person on August 30, 2024 in effect at the time of this transaction.
F3 Represents the weighted average sale price for the entire number of shares sold. The actual sale prices range from $73.40 to $73.74 per share. Information on the exact number of shares sold at each sale price can be obtained from the Issuer upon request.
F4 Fully exercisable.

Remarks:

Chief Accounting & Technology Officer