Joseph K. Belanoff - Mar 31, 2025 Form 4 Insider Report for CORCEPT THERAPEUTICS INC (CORT)

Signature
/s/ Joseph Douglas Lyon, as attorney-in-fact for Joseph K. Belanoff.
Stock symbol
CORT
Transactions as of
Mar 31, 2025
Transactions value $
-$3,365,010
Form type
4
Date filed
4/2/2025, 08:01 PM
Previous filing
Mar 26, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CORT Common Stock Sale -$3.32M -35.1K -1.16% $94.72 2.98M Mar 31, 2025 Joseph K. Belanoff and Katherine A. Blenko Revocable Living Trust DTD 04/29/02 F1, F2
transaction CORT Common Stock Sale -$40.1K -350 -0.01% $114.71 2.98M Apr 1, 2025 Joseph K. Belanoff and Katherine A. Blenko Revocable Living Trust DTD 04/29/02 F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 This transaction was made pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on November 26, 2024 in effect at the time of this transaction.
F2 Reporting Person has voting power over the shares held by the Joseph K. Belanoff and Katherine A. Blenko Revocable Living Trust DTD 04/29/02 pursuant to voting agreements and disclaims beneficial ownership of all of such shares, except to the extent of his pecuniary interest therein.

Remarks:

The power of attorney under which this form was signed is on file with the Commission.