Monitor for any upcoming corporate announcements (earnings, pipeline updates, or regulatory news) that could explain the timing of these sales. The absence of a 10b5-1 plan and the cluster nature warrant attention, but the dollar amount is not alarming relative to market cap.
Price Chart
Executive Summary
Two Corcept Therapeutics insiders sold a combined $1.64M in open-market sales over two days, with no indication of 10b5-1 plans. The sales total ~0.5% of market cap, a modest but notable cluster. No material corporate events were filed alongside these sales, reducing the likelihood of informed selling.
Key Financial Metrics
Key Facts
- Director James N. Wilson sold 6,800 shares at $110.27 for $750K on 2026-09-15.
- Officer Joseph Douglas Lyon sold 7,800 shares at $113.32 for $885K on 2026-09-14.
- Total insider sales of $1.64M represent ~0.5% of market cap.
- No 10b5-1 plan or routine pattern indicated in the filings.
- No recent 8-K, earnings, or other material event filed alongside these sales.
Financial Impact
Insider sales of $1.64M represent ~0.5% of market cap, a modest but notable cluster.
Risk Factors
- Potential negative catalyst not yet disclosed (e.g., clinical trial miss, regulatory delay).
- Further insider selling could accelerate if negative news emerges.
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-CORT-1789620186932 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 5, 2026 21d ago | Insider Cluster | $119.57 | awaiting T+20 | — | $87.13 (−27.13%) |
Sep 23, 2026 4w ago | 8-K | $112.94 $116.28 | ▲ +2.96% | ▲ +2.27% | $87.13 (−22.85%) |
Sep 16, 2026 5w ago | Insider Cluster | $114.86 $113.37 | ▲ +1.30% | ▲ +2.50% | $87.13 (+24.14%) |
Sep 16, 2026 5w ago | Insider Cluster | $114.86 $113.37 | ▲ +1.30% | ▲ +2.75% | $87.13 (+24.14%) |
Aug 28, 2026 8w ago | Insider Cluster | $113.35 $114.74 | ▲ +1.23% | ▲ +1.60% | $87.13 (−23.13%) |
Aug 28, 2026 8w ago | Insider Cluster | $113.35 $114.74 | ▲ +1.23% | ▲ +1.60% | $87.13 (−23.13%) |
Aug 27, 2026 8w ago | Insider Cluster | $113.88 $115.63 | ▲ +1.54% | ▲ +2.02% | $87.13 (−23.49%) |
Aug 20, 2026 9w ago | Insider Cluster | $122.25 $113.76 | ▼ −6.94% | ▼ −7.96% | $87.13 (−28.73%) |
Aug 18, 2026 9w ago | Insider Cluster | $119.02 $114.86 | ▲ +3.50% | ▲ +2.66% | $87.13 (+26.79%) |
Aug 12, 2026 10w ago | Insider Cluster | $110.51 $112.79 | ▲ +2.06% | ▲ +3.81% | $87.13 (−21.16%) |
US Market Status
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