STOCK TITAN

Notifications

Limited Time Offer! Get Platinum at the Gold price until January 31, 2026!

Sign up now and unlock all premium features at an incredible discount.

Read more on the Pricing page

[144] Corvel Corp SEC Filing

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
144
Rhea-AI Filing Summary

CorVel Corp (CRVL) Form 144 notice: A holder intends to sell 40,000 shares of common stock through UBS Financial Services on the NASDAQ, with an aggregate market value reported as $3,555,773.00 and an approximate sale date of 09/02/2025. The shares were acquired as Founders Shares from the issuer on 05/01/1991 and the filer reports no securities sold in the past three months. The notice includes the standard representation that the seller does not possess undisclosed material adverse information. The filing provides broker details and basic transaction disclosure but no forward guidance, financial results, or additional context about the holder.

Positive
  • None.
Negative
  • Proposed sale size disclosed: 40,000 common shares with aggregate market value of $3,555,773.00 scheduled for 09/02/2025.
  • Limited filer identification and context: The provided content does not include the filers CIK/CCC values or the filers explicit relationship to the issuer in the visible fields.

Insights

TL;DR: Routine Rule 144 filing disclosing a proposed sale of 40,000 founder shares valued at $3.56M to be executed via UBS on NASDAQ.

This Form 144 is a standard regulatory notice that allows a holder to publicly disclose an intended sale under Rule 144. The filing specifies the class, broker, number of shares, aggregate market value, original acquisition as founders shares in 1991, and the planned sale date. It does not contain information on the filers identity, motivations for sale, or any other securities transactions beyond noting "Nothing to Report" for the prior three months. On its face, the filing is informational and routine; its materiality depends on the holders overall ownership stake, which is not provided here.

TL;DR: Disclosure meets Rule 144 form requirements but lacks context on insider status and aggregate holdings.

The document fulfills the procedural requirements by listing broker, share quantity, market value, acquisition date and nature (founders shares). It includes the sellers attestation about lack of undisclosed material adverse information. However, the form omits the filers identifying CIK/CCC values in the provided content and does not state the filers relationship to the issuer beyond the acquisition line. From a governance perspective, investors must consult the full filing (including omitted identifying fields) or company filings for ownership context before assessing potential governance or signaling implications.

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

FAQ

What does CorVel Corp (CRVL) Form 144 disclose?

The filing discloses an intended sale of 40,000 common shares through UBS on NASDAQ with aggregate market value of $3,555,773.00 and approximate sale date 09/02/2025.

When were the shares being sold originally acquired?

The shares were acquired on 05/01/1991 as Founders Shares from the issuer, per the filing.

Does the filing report other sales by this person in the past three months?

No. The section "Securities Sold During The Past 3 Months" states "Nothing to Report".

Which broker is handling the proposed sale?

UBS Financial Services Inc., 11 Madison Avenue, 4th Floor, New York, NY 10010 is listed as the broker in the filing.

Does the Form 144 include any claim about undisclosed material information?

Yes. The signer represents they do not know any material adverse information about the issuer that has not been publicly disclosed.
Corvel Corp

NASDAQ:CRVL

CRVL Rankings

CRVL Latest News

CRVL Latest SEC Filings

CRVL Stock Data

3.87B
28.87M
43.75%
54.55%
1.17%
Insurance Brokers
Insurance Agents, Brokers & Service
Link
United States
IRVINE