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.