CorVel 10% holder plans $8.97M stock sale
Rhea-AI Filing Summary
CORVEL CORP (CRVL) received a notice that Corstar Holdings Inc., identified as a 10% stockholder and affiliate, has filed to sell 127,824 shares of common stock under Rule 144 through UBS Financial Services Inc. The shares have an aggregate market value of $8,973,628.05, with 50,516,571 shares of common stock outstanding as of the September 14, 2026 planned sale date on NASDAQ. Corstar Holdings Inc. also reports several Rule 144 sales of CorVel common stock during the prior three months.
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Key Figures
Shares to be sold under Rule 144: 127,824 shares
Aggregate market value of planned sale: $8,973,628.05
Shares outstanding: 50,516,571 shares
+3 more
6 metrics
Shares to be sold under Rule 144
127,824 shares
Planned sale of CorVel Corp common stock by Corstar Holdings Inc. on September 14, 2026
Aggregate market value of planned sale
$8,973,628.05
Value of 127,824 CorVel Corp common shares covered by the Rule 144 notice
Shares outstanding
50,516,571 shares
CorVel Corp common shares outstanding as of the September 14, 2026 planned sale date
Sale on September 3, 2026
51,713 shares for $3,563,606.45
Corstar Holdings Inc. prior sale of CorVel Corp common stock during past three months
Sale on September 4, 2026
14,538 shares for $999,573.00
Corstar Holdings Inc. prior sale of CorVel Corp common stock during past three months
Sale on September 11, 2026
30,925 shares for $2,135,826.50
Corstar Holdings Inc. prior sale of CorVel Corp common stock during past three months
Key Terms
Rule 144, affiliate, Founders Shares, attorney-in-fact
4 terms
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.
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 states that Corstar Holdings Inc., a 10% stockholder and affiliate, plans to sell 127,824 shares of CorVel Corp common stock under Rule 144 through UBS Financial Services Inc., with an aggregate market value of $8,973,628.05 as of September 14, 2026.
AI-generated analysis. How Rhea-AI works. Not financial advice.