[144] Corvel Corp SEC Filing
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.
- None.
- 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 filer s CIK/CCC values or the filer s 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.