CorVel (NASDAQ: CRVL) holder targets $486K stock sale
Rhea-AI Filing Summary
CORVEL CORP (CRVL) has a beneficial holder, Robert Judd Jessup, filing a Rule 144 notice for a proposed sale of common stock. The notice lists 6,847 shares of CorVel common stock to be sold through Fidelity Brokerage Services LLC, with an aggregate market value of 486,479.00. The shares relate to a stock option exercise on 06/11/2026, paid by cash/check. CorVel common stock shares outstanding are stated as 50,516,571, and the securities are listed on NASDAQ. The form is signed on Jessup’s behalf by a duly authorized representative of Fidelity as attorney-in-fact.
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Key Figures
Shares to be sold: 6,847 shares
Aggregate market value: 486,479.00
Shares outstanding: 50,516,571 shares
+2 more
5 metrics
Shares to be sold
6,847 shares
Common stock proposed to be sold under Rule 144
Aggregate market value
486,479.00
Value of 6,847 shares of CorVel common stock covered by the notice
Shares outstanding
50,516,571 shares
CorVel common stock shares outstanding as stated in the Form 144
Option exercise date
06/11/2026
Date of stock option exercise for shares to be sold
Earliest sale or signature date
08/24/2026
Date appearing with the securities information and signature
Key Terms
Rule 144, Stock Option Exercise, aggregate market value, 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.
Stock Option Exercise financial
"Common | 06/11/2026 | Stock Option Exercise | Issuer"
A stock option exercise is the act of using a previously granted right to buy shares of a company's stock at a specific, predetermined price by paying that price and receiving the shares. It matters to investors because exercising changes who owns the shares (which can dilute existing ownership), can trigger taxable events and shift potential gains or losses, and affects voting power and the company’s outstanding share count—like turning a voucher into an actual product that becomes part of circulating supply.
aggregate market value financial
"Common | Fidelity Brokerage Services LLC ... | 6847 | 486479.00"
Aggregate market value is the combined price you would pay to buy all outstanding shares of a company or all companies in a group at current market prices — essentially the sum of each stock’s market capitalization. It matters to investors because it shows the overall size and weight of an investment or sector (like the total cost to buy every piece of a puzzle), helps compare scale across companies or markets, and influences index composition and risk exposure.
attorney-in-fact regulatory
"as a duly authorized representative of Fidelity Brokerage Services LLC, as attorney-in-fact"
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 is being disclosed about CORVEL CORP (CRVL) in this Form 144?
The filing reports that Robert Judd Jessup has filed a Rule 144 notice to sell 6,847 shares of CORVEL CORP common stock through Fidelity Brokerage Services LLC, with an aggregate market value of 486,479.00, originating from a stock option exercise on 06/11/2026.
Who is the person for whose account CORVEL CORP (CRVL) securities are to be sold?
The securities are to be sold for the account of JESSUP R JUDDChristian Nasser as a duly authorized representative of Fidelity Brokerage Services LLC, acting as attorney-in-fact.
AI-generated analysis. How Rhea-AI works. Not financial advice.