CORT

Corcept Therapeutics INC

One filing signal, as this feed published it.

CORT Corcept Therapeutics INC BEARISH conviction 2

2026-08-26: Park Kimberly (Director) — EXERCISE-AND-SELL (option exercise, not a position reduction) — $3.3M of CORT (open-market, Form 4, code S) [exercise-and-sell: sold 26,685 sh, all of them exercised the same day at $13.49 vs a $122.55 avg sale — the $360.0K strike was settled in shares withheld by the issuer (code F), not in cash, so $3.3M gross is $3.3M of cash; the other 3,315 were withheld for the exercise price or the tax (code F) — nothing was kept, every share exercised was sold or withheld] [CORRECTION 2026-08-30: the certificate sweep read this filing against this sentence and the `settlement` check did not hold — $360.0K cost to acquire, $2.9M net, while the filing says the filing settles the strike in shares withheld by the issuer, so no cash was paid for them. Re-derived through sibyl's own emitters over the document as re-read on 2026-08-30, and the sentence above is what they produce for this row's leg. NOTHING IS RECOMPUTED BY HAND: every figure in it comes from the filing, and the re-derived sentence was itself put back through the verifier before it was written. Original text in signal_events]

Trade date
2026-08-26
Flagged
2026-08-29

SEC Form 4 on EDGAR permalink 0001193125-26-374607

Everything sibyl flagged on 2026-08-29

What these fields mean

Direction
Direction (BULLISH/BEARISH) classifies the event, not the price. It is not a forecast, and no scout's direction has been validated as predictive.
Conviction
Confidence is a heuristic conviction score, not a calibrated probability. On a single filing it is the scout's own 1-5 grade; on a row that rolls several filings together it is their SUM and has no ceiling, so it can read above 5. The stored number is published as it stands — never clamped, never hidden.
Dates
Dates are rendered exactly as filed. A sibyl row leads with the TRADE date the Form 4 reports; a pelosi row shows the member's trade date and the date the disclosure was filed, which are rarely the same day. "Flagged" is the day this feed first published the row.
Backfilled rows
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Sources
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