CORT CORCEPT THERAPEUTICS INC
Price Chart
Executive Summary
Two Corcept Therapeutics insiders sold a combined $3.89M in open-market sales on May 27, 2026, with CEO Belanoff also gifting 300,000 shares (non-cash) on May 29. The sales represent ~0.05% of the $7.6B market cap, well below the 0.1% materiality threshold, and are likely routine liquidity/vesting-related transactions rather than a bearish signal.
Key Financial Metrics
Actionable Insight
The insider sales are immaterial relative to market cap and likely driven by routine diversification or tax planning. The CEO's gift and director's gift are non-cash events with no market signal. Monitor upcoming earnings for any fundamental changes, but this cluster alone does not warrant a bearish read.
Key Facts
- Maduck Sean sold 54,575 shares at $65.37 for $3.57M on May 27
- Lyon Joseph Douglas sold 5,000 shares at $65.00 for $325K on May 27
- CEO Belanoff gifted 300,000 shares at $0 (non-cash) on May 29
- CEO Belanoff also sold 12,837 shares at $69.74 for $895K on June 1
- Total open-market sales in cluster: $3.89M, or ~0.05% of $7.6B market cap
- Director Wilson gifted 892,056 shares at $0 (non-cash) on May 27
- Maduck also exercised 75,000 derivative shares at $8.27 for $620,250 (non-cash exercise)
Financial Impact
Open-market sales of $3.89M represent ~0.05% of market cap — trivial relative to company size
Risk Factors
- CEO's June 1 sale at higher price ($69.74) could indicate incremental selling, but still small relative to his holdings
- No insider buying to offset the selling pattern
Market Snapshot
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-CORT-1780430796567 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
|
Jun 4, 2026
12d ago
|
Insider Cluster
| $72.62 $82.91 | ▲ +14.17% | ▲ +13.60% | $83.71 (+15.27%) |
|
Jun 3, 2026
13d ago
|
Insider Cluster
| $74.89 $83.25 | ▲ +11.16% | ▲ +13.72% | $83.71 (+11.78%) |
|
Jun 3, 2026
13d ago
|
Insider Cluster
| $74.89 $83.25 | ▼ −11.16% | ▼ −13.72% | $83.71 (−11.78%) |
|
Jun 3, 2026
13d ago
|
Insider Cluster
| $74.89 $83.25 | ▲ +11.16% | ▲ +13.72% | $83.71 (+11.78%) |
|
Jun 3, 2026
13d ago
|
8-K
| $72.65 $78.12 | ▲ +7.53% | ▲ +11.35% | $83.71 (+15.22%) |
|
Jun 2, 2026
14d ago
|
Insider Cluster
| $72.65 $78.12 | ▲ +7.53% | ▲ +11.35% | $83.71 (+15.22%) |
|
May 29, 2026
18d ago
|
Insider Cluster
| $70.44 $72.62 | ▲ +3.09% | ▲ +5.84% | $83.71 (+18.84%) |
|
May 29, 2026
18d ago
|
Insider Cluster
| $70.44 $72.62 | ▲ +3.09% | ▲ +5.84% | $83.71 (+18.84%) |
|
May 1, 2026
6w ago
|
Insider Cluster
| $51.42 $51.05 | ▼ −0.72% | ▼ −3.07% | $83.71 (+62.80%) |
|
Mar 20, 2026
12w ago
|
Insider Cluster
| $34.64 $37.60 | ▲ +8.54% | ▲ +10.70% | $83.71 (+141.66%) |
US Market Status
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