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CORT CORCEPT THERAPEUTICS INC Insider Trading

Latest: Director Sold $1.7M of Shares · Jun 2026

Multiple insiders have been active at CORCEPT THERAPEUTICS INC (CORT): 7 distinct insiders account for 1 buy filing and 42 sell filings as of Jul 2026. Its highest-significance filing in the last 90 days: Director David L Mahoney sold $1.7M, transaction dated Jun 2026.

43 filings analyzed · Latest 2026-07-17

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Buys
1
Sells
42
Insiders
7
Direction
Net selling

CORCEPT THERAPEUTICS INC leadership

CEO
Joseph K. Belanoff M.D. — Chief Executive Officer
CFO
Atabak Mokari — Chief Financial Officer
Chair
James N. Wilson — Chairman of the Board

Historically, stocks have lagged the S&P 500 by a median ~3% over the 90 days after a medium insider sell (n ≈ 4,738, 2024-2026). Past results don't predict the future. How we measure this ↗

July 2026
2026-07-17 10b5-1 Plan
medium
Chief Financial Officer
40,000 shares
$3,508,277
@ $87.71
Significance 6

CFO Atabak Mokari sells 40,000 shares for $3.5M via scheduled 10b5-1 plan; 16,130 shares remain.

Atabak Mokari, Chief Financial Officer of Corcept Therapeutics, executed 4 separate sales totaling 40,000 shares for $3,508,277.12 on 2026-07-15 at a blended average price of $87.71, reducing his non-derivative holdings from 56,130 to 16,130 shares. This transaction is part of a pre-arranged 10b5-1 trading plan adopted on 2025-12-12, meaning it was scheduled and not discretionary. His prior 5 trades at this same ticker show 30-day gains ranging from +8.6% to +26.4%, suggesting previous sales have occurred ahead of price appreciation; however, the 90-day outcome window is not yet measurable for any of those trades. The company's fundamentals remain challenged: net income stands at $-31,761,000.00 against $164,903,000.00 in quarterly revenue, and the P/E ratio of 205.73 reflects the current stock valuation. The insider retains derivative holdings of 4,167 and 175,833 stock options across two vehicles, preserving meaningful upside participation.

2026-07-08 10b5-1 Plan
medium
Chief Development Officer
20,000 shares
$1,862,530
@ $93.13
Significance 6

CDO William Guyer sells 20,000 shares for $1.9M at avg $93.13 via scheduled 10b5-1 plan; retains 130,000 stock options

William Guyer, Chief Development Officer, executed 2 separate sales totaling 20,000 shares for $1,862,529.64 on 2026-07-07 under a pre-arranged 10b5-1 trading plan adopted on 2024-11-27. His post-transaction non-derivative holdings stand at 3,985 shares, while he retains 130,000 shares in stock option holdings (Table II). This scheduled disposition occurred as the stock has moved +26.7% over 30 days and +120.0% over 90 days from the 52-week low of $28.66, now trading at $92.94, near the 52-week high of $94.77. His prior sales at CORT have shown mixed outcomes: recent sales on 2026-06-02 and 2026-05-05 yielded 30-day returns of +27.8% and +44.5%, respectively, though earlier 2025-12-02 and 2025-11-05 sales showed 90-day returns of -55.5%, -55.1%, and -46.6%. The company remains unprofitable with $-31.8M net income on $164.9M quarterly revenue, though annual revenue growth stands at +12.8% year-over-year.

2026-07-06 10b5-1 Plan
medium
See Remarks
25,000 shares
$2,208,737
@ $88.35
Significance 6

Sean Maduck sells 25,000 CORT shares across 3 transactions for $2.2M via scheduled 10b5-1 plan

Sean Maduck executed 3 separate sales totaling 25,000 shares for $2,208,736.56 on 2026-07-01 under a pre-arranged 10b5-1 trading plan adopted 2025-12-08, reducing his non-derivative holdings to 9,755 shares (a -71.9% reduction from 34,755 shares). While the sale represents a material decrease in his direct shareholding, Maduck retains 116,986 shares via stock option holdings (Table II derivative securities). His prior trades at CORT show consistent gains in the 30-day window (26.2%, 25.1%, 32.0%, 33.6% on four recent sales) before one prior December 2025 sale underperformed (-56.2% at 30d, -55.1% at 90d), though these outcomes are not predictive of current-period results. The transaction is scheduled per the 10b5-1 plan, not discretionary timing. With CORT trading 1.3% below its 52-week high and showing a +26.2% 30-day return, the sale does not occur during a depressed valuation window.

June 2026
2026-06-18
high
20,000 shares
$1,690,506
@ $84.53
Significance 7

Director Mahoney sells 20,000 CORT shares at $84.53; stock now $81.75 vs $91.00 high; prior 2 sells at CORT both well-timed at 90d.

David L Mahoney sold 20,000 shares (43.3% of his holdings) at $84.53 on 2026-06-17, reducing his stake from 46,147 to 26,147 shares for total proceeds of $1,690,506.00. The stock has since fallen to $81.75, currently -10.2% from its 52-week high of $91.00, placing this sale within a broader positive 30-day (+48.3%) and 90-day (+139.9%) momentum context. Notably, both of his prior sales at CORT (on 2025-05-16) were well-timed at the 90-day mark, with negative post-sale returns of -3.6% and -2.9% respectively, suggesting a pattern of sales preceding declines at this ticker. The company reports a net loss of $31.8M against revenue of $164.9M (latest quarter), with a steep P/E of 185.80 and market cap of $8.8B, indicating significant valuation relative to profitability. This sale, combined with his consistent 90-day timing accuracy on prior CORT sales, warrants tracking of the stock's subsequent performance to confirm whether the pattern holds.

2026-06-17 10b5-1 Plan
medium
Chief Financial Officer
40,000 shares
$3,245,900
@ $81.15
Significance 6

CFO Atabak Mokari sold 40,000 shares ($3.2M) at $80.02–$82.45 on 2026-06-15 via scheduled 10b5-1 plan; retains 16,130 non-derivative shares and 20,000 option holdings.

CFO Atabak Mokari executed four separate sales totaling 40,000 shares for $3,245,900.04 on 2026-06-15 under a pre-arranged 10b5-1 trading plan adopted 2025-12-12, reducing his non-derivative holdings by 71.3% from 56,130 shares to 16,130 shares. The sales occurred at prices ranging from $80.02 to $82.45 (blended average $81.15), while the stock now trades at $81.75 and has climbed 139.9% over the past 90 days and 48.3% over the past 30 days from a 52-week range of $28.66–$91.00. Corcept is trading at a P/E of 185.80 with a -$31.8M net loss in the latest quarter despite $164.9M in revenue and 12.8% annual growth. Because this sale is scheduled under a 10b5-1 plan rather than discretionary, it reflects a pre-established trading arrangement rather than a timing decision by the insider; the executive retains 20,000 shares via stock options alongside his 16,130 non-derivative shares.

2026-06-04 10b5-1 Plan
medium
Chief Development Officer
20,000 shares
$1,412,000
@ $70.60
Significance 4

CDO William Guyer sells 20,000 CORT shares at $70.60 under pre-arranged 10b5-1 plan; retains 150,000 stock options.

William Guyer, Chief Development Officer of Corcept Therapeutics, sold 20,000 shares at $70.60 on 2026-06-02 as part of a scheduled 10b5-1 trading plan adopted on 2024-11-27. The trade reduced his direct shareholding from 23,985 to 3,985 shares while leaving 150,000 stock options intact. The stock has appreciated 40.8% over the prior 30 days and 113.4% over 90 days, and currently trades at $72.65—near its 52-week range of $28.66–$91.00 and only 20.2% below the recent high. Across his same-ticker history at CORT, Guyer's five prior sales show a volatile pattern: gains in the 30 days following two May 2026 and November 2025 sales, but losses between -55.1% and -57.0% over 90 days after both December 2025 sales. The company is unprofitable (net income $-31.8M against revenue of $164.9M) with a elevated P/E of 165.11. Because this sale is pre-arranged and scheduled rather than discretionary, the filing provides limited signal about Guyer's current conviction; investors should note the structured execution and monitor whether the company's profitability trajectory aligns with its valuation.

2026-06-03 10b5-1 Plan
medium
See Remarks
25,000 shares
$1,755,183
@ $70.21
Significance 6

Sean Maduck sells 25,000 shares (71.9% of holdings) at $70.21 blended price under 10b5-1 plan

Sean Maduck executed 2 separate sales totaling 25,000 shares for $1,755,183.48 on 2026-06-01 under a pre-arranged 10b5-1 trading plan adopted on 2025-12-08, reducing non-derivative holdings from 34,755 to 9,755 shares (-71.9% vs pre-transaction holdings). The current stock price of $72.65 sits -20.2% from the 52-week high of $91.00, yet Maduck retains 141,986 shares in stock options (derivative securities), indicating his economic interest in CORT remains substantial despite the scheduled share disposition. His prior 5 sales at CORT have produced mixed 30-day and 90-day outcomes (ranging from -56.2% to +13.1% in the 30-day window), while his cross-ticker track record shows an average 90-day return of -13.4% after his 20 prior sells across all tickers.

2026-06-03 10b5-1 Plan
medium
Chief Financial Officer
40,000 shares
$2,800,004
@ $70.00
Significance 5

CFO Atabak Mokari sold 40,000 shares of CORT at $70.00 under pre-arranged 10b5-1 plan; retains 16,130 non-derivative shares plus stock options.

Atabak Mokari, CFO of Corcept Therapeutics, executed a scheduled sale of 40,000 shares at $70.00 on 2026-06-01 under a pre-arranged 10b5-1 trading plan adopted on 2025-12-12, reducing his non-derivative holdings to 16,130 shares. The company is currently trading at $72.65, up 40.8% over 30 days and 113.4% over 90 days, yet remains unprofitable with net income of $-31,761,000.00 against quarterly revenue of $164,903,000.00. The sale represents a scheduled, discretionary-free transaction rather than a market-timing decision, but the confluence of significant stock appreciation, continued operating losses, and substantial reduction in the CFO's direct equity stake merits investor attention regarding capital allocation priorities during a period of rapid price gains.

2026-06-02 10b5-1 Plan
low
Chief Executive Officer
12,837 shares
$895,252
@ $69.74
Significance 3

CEO Joseph K Belanoff sold 12,837 shares of CORT at $69.74 under scheduled 10b5-1 plan adopted 2024-11-26

Joseph K Belanoff, Chief Executive Officer, sold 12,837 shares (12.8K shares) of CORCEPT THERAPEUTICS INC (CORT) at $69.74 on 2026-06-01 for a total value of $895,252.38 ($895.3K), reducing his holdings from 2,578,326 shares (2.58M shares) to 2,565,489 shares (2.57M shares), a reduction of -0.5% vs pre-transaction holdings. This sale was part of a pre-arranged 10b5-1 trading plan adopted on 2024-11-26, meaning it was scheduled and not discretionary. At the same ticker, Belanoff's prior five trades show mixed performance: recent sells on 2026-05-01 and 2026-03-25 were followed by positive 30-day returns of +38.7% and negative returns of -8.0% respectively, while earlier sales in late 2025 predominantly resulted in negative 90-day returns (-55.2%, -45.2%, and -46.4%). The company reports a net loss of $-31.8M on revenue of $164.9M, with a P/E ratio of 161.82, reflecting a highly valued unprofitable company; the CEO's substantial remaining stake of 2.57M shares demonstrates continued material alignment with shareholder interests despite the liquidation.

May 2026
2026-05-29 10b5-1 Plan
medium
See Remarks
75,000 shares
$4,918,944
@ $65.59
Significance 6

Sean Maduck sells 75,000 shares (89.3% of holdings) for $4.9M under 10b5-1 plan at $65.59 avg; stock now +49.2% in 30 days

Sean Maduck executed 2 separate sales totaling 75,000 shares for $4,918,943.74 on 2026-05-27 under a pre-arranged 10b5-1 trading plan adopted on 2025-12-08, reducing his non-derivative holdings from 83,977 shares to 8,977 shares. The sales occurred at blended average price of $65.59; CORT stock has since moved to $69.49 (current price), representing a +49.2% 30-day change from the transaction date. This transaction is scheduled rather than discretionary per the 10b5-1 plan flag. Maduck retains 166,986 shares through stock option holdings (Table II), meaning his overall economic position extends beyond the non-derivative shares sold. His prior open-market history across all tickers shows an average 90-day return of -13.4% following 20 prior sells, while his same-ticker history at CORT over 5 prior trades shows mixed results: the most recent prior sale on 2025-12-01 experienced a -56.2% 30-day decline, though earlier sales at this ticker showed smaller 30-day reversals.

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