Form 4: Corcept Therapeutics Director James N. Wilson Reports Gift of Shares and Beneficial Ownership

Sentiment:

SEC Form 4 Filing


Director James N. Wilson reports a gift of 7,800 common stock shares and updates beneficial ownership in Corcept Therapeutics.

Summary

  • On January 27, 2025, James N. Wilson, a director of Corcept Therapeutics, reported a transaction involving the company's common stock.
  • Wilson gifted 7,800 shares of common stock.
  • Following the transaction, Wilson's indirectly held beneficial ownership includes 1,445,168 shares through the James N. Wilson and Pamela D. Wilson Trust and 901,067 shares through James and Pamela Wilson Family Partners.
  • Wilson disclaims beneficial ownership of these shares except to the extent of his pecuniary interest, retaining voting power through voting agreements.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing, so the sentiment is neutral.

Industry Context

This filing is a routine disclosure related to insider transactions and beneficial ownership, which is standard practice for publicly traded companies.

Stakeholder Impact

  • The transaction may have a minor impact on shareholders due to the change in ownership, but it is unlikely to be significant.

Key Dates

DateDescription
01/27/2025Date of transaction (gift of common stock)
01/29/2025Date of signature for the Form 4 filing

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