The absence of 10b5-1 plans and the concentration of sales by two insiders within a short window suggest potential caution ahead of upcoming events. Monitor for any material news (e.g., FDA/clinical updates, earnings pre-announcement) that may have prompted these sales.
Price Chart
Executive Summary
Two Corcept Therapeutics insiders (a director and a senior officer) sold a combined $1.64M in open-market sales over a 3-day window. The total value is ~0.5% of the company's market cap, representing a modest but notable cluster of insider selling with no disclosed 10b5-1 plans.
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 Corcept's market cap.
- No 10b5-1 trading plans were indicated for either transaction.
- Both sales were open-market (code S) with no offsetting insider purchases in the cluster.
Financial Impact
$1.64M in insider sales, ~0.5% of market cap
Risk Factors
- Insider selling without plan disclosure may signal management's view that shares are fully valued or that near-term catalysts are uncertain.
- Cluster selling by both a director and an officer increases the signal relative to a single insider sale.
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-CORT-1789775313832 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 27, 2026 today | SC 13G/A | $86.94 | awaiting T+20 | — | $87.59 (+0.75%) |
Oct 5, 2026 22d ago | Insider Cluster | $119.57 | awaiting T+20 | — | $87.59 (−26.75%) |
Sep 23, 2026 4w ago | 8-K | $112.94 $116.28 | ▲ +2.96% | ▲ +2.27% | $87.59 (−22.45%) |
Sep 16, 2026 6w ago | Insider Cluster | $114.86 $113.37 | ▲ +1.30% | ▲ +2.50% | $87.59 (+23.74%) |
Sep 16, 2026 6w ago | Insider Cluster | $114.86 $113.37 | ▲ +1.30% | ▲ +2.75% | $87.59 (+23.74%) |
Aug 28, 2026 8w ago | Insider Cluster | $113.35 $114.74 | ▲ +1.23% | ▲ +1.60% | $87.59 (−22.73%) |
Aug 28, 2026 8w ago | Insider Cluster | $113.35 $114.74 | ▲ +1.23% | ▲ +1.60% | $87.59 (−22.73%) |
Aug 27, 2026 8w ago | Insider Cluster | $113.88 $115.63 | ▲ +1.54% | ▲ +2.02% | $87.59 (−23.09%) |
Aug 20, 2026 9w ago | Insider Cluster | $122.25 $113.76 | ▼ −6.94% | ▼ −7.96% | $87.59 (−28.35%) |
Aug 18, 2026 10w ago | Insider Cluster | $119.02 $114.86 | ▲ +3.50% | ▲ +2.66% | $87.59 (+26.41%) |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Create a free account Live analysis, Telegram alerts, watchlists and the MCP server for subscribers