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CorVel 10% holder plans $2.04M share sale

A 10% stockholder of CORVEL CORP has filed a Rule 144 notice to resell 29,556 common shares originally acquired as founders stock.

(Neutral)
(Neutral)
Form Type
144

Rhea-AI Filing Summary

CORVEL CORP (CRVL) has a notice of proposed resale filed under Rule 144 on behalf of Corstar Holdings Inc., a 10% stockholder and affiliate. Corstar intends to sell 29,556 shares of common stock, originally acquired as Founders Shares on May 1, 1991, with an indicated market value of $2,040,817.90. The notice states that 50,516,571 shares of common stock were outstanding as of September 11, 2026, and lists additional Corstar sales totaling 66,251 shares in the prior three months.

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Shares proposed for sale 29,556 shares Common stock to be sold by Corstar Holdings Inc. under Rule 144
Market value of proposed sale $2,040,817.90 Value of 29,556 CORVEL CORP common shares listed in the securities information
Shares outstanding 50,516,571 shares CORVEL CORP common shares outstanding as of September 11, 2026
Prior sale on September 4, 2026 14,538 shares; $999,573.00 Common stock sold by Corstar Holdings Inc. during the past three months
Prior sale on September 3, 2026 51,713 shares; $3,563,606.45 Common stock sold by Corstar Holdings Inc. during the past three months
Acquisition date of founders shares May 1, 1991 Acquisition date of the 29,556 common shares to be sold
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
Founders Shares financial
"Common | 05/01/1991 | Founders Shares | Issuer"
Founders shares are a special block of a company’s stock originally given to the people who started the business; they often carry extra voting power or favorable terms compared with regular shares. For investors, these shares matter because they concentrate control and influence how future funding, ownership dilution, and decision-making will play out—think of founders shares as the steering wheel that can steer a company’s direction even as more passengers (investors) climb aboard.
affiliate regulatory
"10% Stockholder Affiliate"
attorney-in-fact regulatory
"UBS Financial Services Inc, as attorney-in-fact for Corstar Holdings"
An attorney-in-fact is the person or entity given legal authority through a power of attorney to act on behalf of another for specific tasks, such as signing documents, voting shares, or handling transactions. For investors, this matters because it lets a trusted representative make timely decisions or complete paperwork when the owner cannot, much like handing keys to someone to run errands on your behalf—so checks on scope and limits of that authority are important.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What does the Form 144 filing disclose for CORVEL CORP (CRVL)?

The filing discloses that Corstar Holdings Inc., a 10% stockholder and affiliate, has filed a Rule 144 notice to sell 29,556 shares of CORVEL CORP common stock that were originally acquired as Founders Shares on May 1, 1991.

How many CORVEL CORP (CRVL) shares are proposed to be sold under this Rule 144 notice?

Corstar Holdings Inc. proposes to sell 29,556 shares of CORVEL CORP common stock. The filing lists a corresponding market value of $2,040,817.90 for these shares in the securities information section.

How many CORVEL CORP (CRVL) shares were outstanding as of the date in the Form 144?

The Form 144 states that CORVEL CORP had 50,516,571 shares of common stock outstanding as of September 11, 2026. This figure provides context for the size of the proposed Rule 144 sale relative to total shares.

What prior sales by Corstar Holdings of CORVEL CORP (CRVL) shares are reported?

Over the prior three months, Corstar Holdings Inc. reports selling 14,538 shares of common stock on September 4, 2026 for $999,573.00 and 51,713 shares on September 3, 2026 for $3,563,606.45.

Who is executing the proposed sale of CORVEL CORP (CRVL) shares?

The securities information section lists UBS Financial Services Inc. in connection with the proposed sale of 29,556 common shares of CORVEL CORP, and the Form 144 is signed by UBS Financial Services Inc. as attorney-in-fact for Corstar Holdings.

What is the nature of the CORVEL CORP (CRVL) shares being sold by Corstar Holdings?

The Form 144 describes the 29,556 shares as Common stock, acquired on May 1, 1991 as Founders Shares from the Issuer, indicating they are long-held shares originally obtained directly from CORVEL CORP.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates

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

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