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CorVel 10% holder to sell 14,538 shares

A 10% stockholder of CorVel Corp plans a Rule 144 sale of 14,538 common shares valued at about $1.0 million.

(Neutral)
(Neutral)
Form Type
144

Rhea-AI Filing Summary

CORVEL CORP (CRVL) has a notice of proposed sale under Rule 144 filed on behalf of Corstar Holdings Inc., identified as a 10% stockholder and affiliate. Corstar plans to sell 14,538 shares of CorVel common stock through UBS Financial Services Inc. in a transaction listed on NASDAQ.

The filing states an aggregate market value for the planned sale of $996,289.14 and reports that CorVel had 50,516,571 shares outstanding as of September 4, 2026; this is a baseline figure, not the amount being offered. During the prior three months, sales included 9,000 shares by Jeffrey Michael and 51,713 shares by Corstar Holdings Inc.

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Shares to be sold under Rule 144 14,538 shares Planned sale of CorVel common stock by Corstar Holdings Inc.
Aggregate market value of planned sale $996,289.14 Total market value of the 14,538 shares covered by the notice
Shares outstanding 50,516,571 shares CorVel common shares outstanding as of September 4, 2026
Recent sale by Jeffrey Michael 9,000 shares for $548,834.40 Common stock sold on June 9, 2026
Recent sale by Corstar Holdings Inc. 51,713 shares for $3,563,606.45 Common stock sold on September 3, 2026
Acquisition date of shares to be sold May 1, 1991 Founders Shares acquired from CorVel Corp
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
"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 mean for CORVEL CORP (CRVL)?

The Form 144 reports that Corstar Holdings Inc., a 10% stockholder and affiliate, plans to sell 14,538 shares of CorVel common stock under Rule 144 through UBS Financial Services Inc., with an aggregate market value of $996,289.14.

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

The notice covers a proposed sale of 14,538 shares of CorVel common stock by Corstar Holdings Inc., with an aggregate market value stated as $996,289.14.

How large is the CORVEL CORP (CRVL) share count compared with the planned Rule 144 sale?

CorVel had 50,516,571 shares outstanding as of September 4, 2026. The Rule 144 filing covers a proposed sale of 14,538 shares, which is a small fraction of the stated outstanding shares.

Who is selling CORVEL CORP (CRVL) shares and through which broker?

The seller is Corstar Holdings Inc., identified as a 10% stockholder and affiliate of CorVel Corp. The transaction lists UBS Financial Services Inc. as the broker for the proposed sale of 14,538 common shares.

What prior CORVEL CORP (CRVL) share sales are disclosed in the last three months?

The filing lists sales of 9,000 shares of common stock by Jeffrey Michael for $548,834.40, and 51,713 shares by Corstar Holdings Inc. for $3,563,606.45 during the past three months.

What is the acquisition history of the CORVEL CORP (CRVL) shares being sold?

The 14,538 shares covered by the notice are described as Founders Shares, acquired on May 1, 1991 from the Issuer, 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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