Form 4: Corcept Therapeutics Executive Reports Stock Ownership Changes

Sentiment:

SEC Form 4 Filing


Gary Charles Robb, Chief Business Officer of Corcept Therapeutics, reports changes in beneficial ownership of company stock, including shares held directly and indirectly through custodial accounts.

Summary

  • Gary Charles Robb, the Chief Business Officer of Corcept Therapeutics, filed a Form 4 detailing changes in his beneficial ownership of the company's stock.
  • On January 27, 2025, Robb acquired 313 shares of common stock indirectly through a custodial account for a child.
  • He also reported directly owning 18,865 shares, which includes unvested restricted stock awards granted on June 3, 2024 (1,818 shares), September 3, 2024 (503 shares), December 2, 2024 (290 shares) and March 3, 2025 (292 shares).
  • The restricted stock awards vest on the one-year anniversary of the grant date, contingent on Robb meeting certain requirements.
  • Following the reported transactions, Robb beneficially owns 11,211 shares indirectly through a custodial account and 18,865 shares directly.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing detailing stock ownership changes, with no inherent positive or negative sentiment.

Key Dates

DateDescription
June 3, 2024Grant date of 1,818 unvested restricted stock awards.
September 3, 2024Grant date of 503 unvested restricted stock awards.
December 2, 2024Grant date of 290 unvested restricted stock awards.
January 27, 2025Date of common stock transaction through custodial account.
March 3, 2025Grant date of 292 unvested restricted stock awards.
April 23, 2025Date of signature on the Form 4 filing.

Keywords

Form 4, beneficial ownership, stock, Corcept Therapeutics, CORT, Gary Charles Robb, restricted stock awards, custodial account

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