Corcept Insider Sells Shares After an FDA Approval and a $1.05 Billion Outlook
William Guyer's pre-scheduled disposition under a Rule 10b5-1 plan liquidates some direct holdings while retaining 130,000 derivative securities.
Overview
William Guyer, chief development officer, reported a sale of 20,000 shares of Corcept Therapeutics Incorporated (NASDAQ:CORT) on July 7, 2026, according to an SEC Form 4 filing.
Corcept Therapeutics is a specialized pharmaceutical company that maintains a focused commercial strategy centered on its lead therapeutic asset, Korlym, which addresses a significant unmet medical need in the treatment of endogenous Cushing's syndrome. With 730 employees and operations headquartered in Menlo Park, California, Corcept has demonstrated strong market performance, with its stock appreciating 39% over the past year, reflecting investor confidence in its pipeline and commercial execution.
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Originally published at www.fool.com.