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CorVel 10% holder plans $8.97M stock sale

(Neutral)
(Neutral)
Form Type
144

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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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
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"
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.
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.

How many CORVEL CORP (CRVL) shares are planned to be sold in this Form 144?

Corstar Holdings Inc. plans to sell 127,824 shares of CorVel Corp common stock. The notice lists an aggregate market value of $8,973,628.05 for these shares and identifies NASDAQ as the trading market for the planned sale on September 14, 2026.

How many CORVEL CORP (CRVL) shares are outstanding according to the filing?

The notice reports that 50,516,571 shares of CorVel Corp common stock were outstanding as of the September 14, 2026 planned sale date. This figure is provided as context for the Rule 144 sale by Corstar Holdings Inc.

What prior CORVEL CORP (CRVL) share sales does Corstar Holdings report in the last three months?

Corstar Holdings Inc. reports three recent sales of CorVel common stock: 51,713 shares for $3,563,606.45 on September 3, 2026; 14,538 shares for $999,573.00 on September 4, 2026; and 30,925 shares for $2,135,826.50 on September 11, 2026.

Who is executing the planned Rule 144 sale for CORVEL CORP (CRVL) shares?

The filing states that UBS Financial Services Inc., located at 11 Madison Avenue in New York, is the broker for the planned Rule 144 sale of 127,824 shares of CorVel Corp common stock on behalf of Corstar Holdings Inc.

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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