EDGAR·FLOW

CORCEPT THERAPEUTICS INC — Form 10-Q

Filed November 3, 2026 · analyzed by the Periodic Agent
10-Q — Neutral significance 28/100
What the filing says
Sean Maduck, former President of Corcept Endocrinology, transitioned to independent consultant effective October 1, 2026, at $57,000/month with continued stock option vesting. Roberto Vieira (President, Oncology; hired January 2024 at $527,000 base + 50% bonus + 400,000 options) and Justin Gunn (VP National Sales; hired July 2024 at $435,000 base + 35% bonus + 50,000 options) each received severance and change-of-control agreements providing 12 months base salary, COBRA coverage, and full equity acceleration upon termination within 18 months of a change in control.
Why this rating

Routine executive employment/severance documentation. Total annual consulting/salary commitments (~$2M) and option grants (~450,000 shares) are modest relative to $6.1B market cap. No material business event disclosed.

View original filing on SEC.gov ↗ CORT · stock on Yahoo Finance ↗

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