CorVel 10% holder plans sale of 51,713 shares

Rhea-AI Filing Summary

CORVEL CORP (CRVL) has a planned secondary sale under Rule 144 by affiliate and 10% stockholder Corstar Holdings Inc. Corstar has filed to sell up to 51,713 shares of common stock through UBS Financial Services Inc., with an aggregate market value of $50,516,571 as of the notice. CorVel reports 3,561,753.56 shares outstanding of the same class. The shares to be sold were acquired as founders shares from the issuer on May 1, 1991.

Key Figures

Shares to be sold under Rule 144: 51,713 shares Aggregate market value of shares to be sold: $50,516,571 Shares outstanding: 3,561,753.56 shares +3 more

6 metrics

Shares to be sold under Rule 144 51,713 shares Planned sale by Corstar Holdings Inc for CORVEL CORP common stock

Aggregate market value of shares to be sold $50,516,571 Market value of the 51,713 CORVEL CORP shares covered by the notice

Shares outstanding 3,561,753.56 shares CORVEL CORP common shares outstanding for this class

Shares sold in past 3 months 9,000 shares CORVEL CORP common shares sold by Jeffrey Michael on June 9, 2026

Proceeds from prior 9,000-share sale $548,834.40 Sale of CORVEL CORP common stock on June 9, 2026

Acquisition date of founders shares May 1, 1991 Acquisition date for the CORVEL CORP shares to be sold by Corstar

Key Terms

Rule 144, founders shares, 10% Stockholder, affiliate, +1 more

5 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.

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.

10% Stockholder financial

"Name of Person for Whose Account the Securities are To Be Sold | CORSTAR HOLDINGS INC 10% Stockholder"

affiliate financial

"10% Stockholder Affiliate"

attorney-in-fact regulatory

"Signature | /s/ 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

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

It discloses that affiliate and 10% stockholder Corstar Holdings Inc intends to sell up to 51,713 shares of CORVEL CORP common stock under Rule 144 through UBS Financial Services Inc.

How many CORVEL CORP (CRVL) shares are planned to be sold and by whom?

51,713 shares of CORVEL CORP common stock are planned to be sold for the account of Corstar Holdings Inc, which is identified as a 10% stockholder and affiliate of the issuer.

What is the aggregate market value of the CRVL shares in this Form 144 notice?

The filing reports an aggregate market value of $50,516,571 for the CORVEL CORP common shares covered by the planned Rule 144 sale, based on market prices as of the notice date.

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

The Form 144 reports that there are 3,561,753.56 CORVEL CORP common shares outstanding as of the relevant date; this is a baseline share-count figure, not the amount being sold.

When and how did Corstar Holdings acquire the CRVL shares to be sold?

The shares to be sold were acquired on May 1, 1991 as founders shares directly from the issuer, CORVEL CORP, as stated in the acquisition information section of the notice.

What prior CRVL stock sales are disclosed in the past three months section?

The filing lists a sale by Jeffrey Michael of 9,000 CORVEL CORP common shares on June 9, 2026 for total proceeds of $548,834.40, reported in the “Securities Sold During The Past 3 Months” section.

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

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Available on EDGAR 09/03/2026 - 04:28 PM Accepted by SEC EDGAR 09/03/2026 - 04:19 PM Learn about SEC filing dates

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK	0001256520
Filer CCC	XXXXXXXX
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer	CORVEL CORP
SEC File Number	000-19291
Address of Issuer	5128 Apache Plume Road SUITE 400 Fort Worth TEXAS 75109
Phone	503-222-3144
Name of Person for Whose Account the Securities are To Be Sold	CORSTAR HOLDINGS INC
See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.
Relationship to Issuer	10% Stockholder
Relationship to Issuer	Affiliate

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	UBS Financial Services Inc. 11 Madison Avenue 4th Floor New York NY 10010	51713	3561753.56	50516571	09/03/2026	NASDAQ

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

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	05/01/1991	Founders Shares	Issuer			51713	05/01/1991	N/A

* 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

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
Jeffrey Michael 5128 Apache Plume Road Suite 400 Fort Worth TX 75109	Common	06/09/2026	9000	548834.40

144: Remarks and Signature

Remarks
Date of Notice	09/03/2026
Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1	06/04/2026
ATTENTION:
The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.
Signature	/s/ UBS Financial Services Inc, as attorney-in-fact for Corstar Holdings
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)