$CORT

Robb Gary Charles sold $1.2M of CORT (indirect holdings)

Robb Gary Charles (Chief Business Officer) sold 10,000 indirectly-held shares of CORCEPT THERAPEUTICS INC (CORT) at $116.26 ($1.16M total) on 2026-08-17.

Original reporting
SEC EDGAR · Robb Gary Charles
Published Aug 18, 2026, 8:30 PM UTC
Analysis
alphai AI DeskAI-generated
Added to alphai Aug 18, 2026, 9:17 PM UTC. Informational, not investment advice.
How this was made
alphai summarizes source reporting and applies a structured AI analysis for relevance, timing, sentiment and ticker impact. Always verify material claims with the original publisher.
alphai market briefInsider activity
Primary signal
$CORT
Neutral
medium confidence
Mentioned
$CORT
Relevance
6/10
alphai data visualization · based on SEC EDGAR
Decision brief

The 30-second read

$CORTNeutralLow
01

Why it matters

Traders may briefly reassess sentiment around insider behavior, but there is no new operational or financial information in the text.

02

Market read

A CBO insider open-market sale of $1.16M worth of CORT shares was disclosed, with no 10b5-1 plan cited.

03

What to watch

The filing notes the sale was open-market and indicates no pre-arranged 10b5-1 plan, which can increase headline sensitivity even if the economic signal is weak.

Relevance 6/10Novelty 3/10Timing: filed 2026-08-18, transaction dated 2026-08-17

Background

This is an SEC Form 4 insider transaction disclosure for Corcept Therapeutics, reported via EDGAR.

Company-level read

Ticker impact

$CORTNeutralMedium confidence
Context

Corcept Therapeutics disclosed an insider open-market sale of 10,000 shares by CBO Robb Gary Charles at $116.2572 on 2026-08-17.

Expected impact

Low likelihood of a sustained price move; any reaction is likely limited to short-term sentiment around insider selling.

Evidence & confidence

Form 4 provides transaction details (size, price, post-sale holdings) but does not include new company performance, guidance, or regulatory/contract developments.

Market effects

No direct sector read-through; this is company-specific insider trading disclosure.

None indicated.

None indicated.

Counterpoint

The sale may be driven by personal liquidity needs and does not necessarily signal reduced confidence, especially without any accompanying negative company-specific news.

Key entities

  • CORCEPT THERAPEUTICS INC

    Company that filed the Form 4 insider transaction disclosure.

  • Robb Gary Charles

    Chief Business Officer who sold shares.

Full insider trading history

This story covers one filing. See everything behind it: every insider buy and sell on record, 10b5-1 plans, late filings, and which officers and directors are trading.

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