CorVel Corp (CRVL) director exercises options into 9,000 shares

Rhea-AI Filing Summary

Director Alan Hoops of CorVel Corp exercised 9,000 Non-Qualified Stock Options into Common Stock on 2026-07-31 at an exercise price of $14.44 per share. This raised his direct Common Stock holdings to 33,192 shares.

An additional 113,713 Common Stock shares are reported as held indirectly through the Hoops Irrevocable Trust.

Insider Trade Summary

Net Buyer: 9,000 shares

Net Buy 3 txns

Insider HOOPS ALAN

Role Director

Type	Security	Shares	Price	Value
Exercise	Non-Qualified Stock Option (right to buy) F1	9,000	$0.00	$0.00
Exercise	Common Stock	9,000	$14.44	$130K
holding	Common Stock	--	--	--

Holdings After Transaction: Non-Qualified Stock Option (right to buy) — 0 shares (Direct); Common Stock — 33,192 shares (Direct); Common Stock — 113,713 shares (Indirect, Hoops Irrev. Trust)

Footnotes (1)

1. F1. Exercisable in a series of 4 equal and successive annual installments commencing 12 months following the date of grant.

Key Figures

Options Exercised: 9000.0000 shares Exercise Price: $14.4400 per share Direct Holdings After Transaction: 33192.0000 shares +1 more

4 metrics

Options Exercised 9000.0000 shares Non-Qualified Stock Option exercised on 2026-07-31

Exercise Price $14.4400 per share Conversion or exercise price of the option

Direct Holdings After Transaction 33192.0000 shares Common Stock directly owned after 2026-07-31 transactions

Indirect Holdings via Trust 113713.0000 shares Common Stock held indirectly through Hoops Irrev. Trust

Key Terms

Non-Qualified Stock Option (right to buy), Exercise or conversion of derivative security, Hoops Irrev. Trust, indirect ownership

4 terms

Non-Qualified Stock Option (right to buy) financial

"security_title: "Non-Qualified Stock Option (right to buy)""

Exercise or conversion of derivative security financial

"transaction_code_description: "Exercise or conversion of derivative security""

Hoops Irrev. Trust financial

"nature_of_ownership: "Hoops Irrev. Trust" for indirect shares"

indirect ownership financial

"ownership_type: "indirect" for shares held by Hoops Irrev. Trust"

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 08/03/2026 - 02:52 PM Accepted by SEC EDGAR 08/03/2026 - 02:52 PM Learn about SEC filing dates

FAQ

What insider transaction did Alan Hoops report for CORVEL CORP (CRVL)?

Alan Hoops reported exercising 9,000 Non-Qualified Stock Options into Common Stock on 2026-07-31. The transaction converted derivative securities into common shares and did not record any open-market purchase or sale in this filing.

How many CORVEL CORP (CRVL) options did Alan Hoops exercise and at what price?

Alan Hoops exercised 9,000 Non-Qualified Stock Options at an exercise price of $14.44 per share. Each option converted into one share of Common Stock, resulting in 9,000 newly acquired common shares.

What are Alan Hoops’ direct CORVEL CORP (CRVL) share holdings after this Form 4?

After the option exercise, Alan Hoops directly owns 33,192 shares of CORVEL CORP Common Stock. This figure reflects his direct holdings immediately following the reported transactions on 2026-07-31.

What indirect CORVEL CORP (CRVL) holdings are reported for Alan Hoops?

The filing reports 113,713 CORVEL CORP Common Stock shares held indirectly through the Hoops Irrevocable Trust. These shares are attributed as indirect ownership rather than being held directly by Alan Hoops personally.

Was the CORVEL CORP (CRVL) Form 4 transaction a market sale or purchase of shares?

The Form 4 reports an option exercise, not a market sale or open-market purchase. Hoops converted 9,000 options into Common Stock; no separate sale transaction is disclosed in this filing.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

HOOPS ALAN

(Last) (First) (Middle)

5128 APACHE PLUME ROAD, SUITE 400

(Street)

FORT WORTH TEXAS 75109

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
CORVEL CORP [ CRVL ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
07/31/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	07/31/2026		M		9,000	A	$14.44	33,192	D
Common Stock								113,713	I	Hoops Irrev. Trust

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Non-Qualified Stock Option (right to buy)	$14.44	07/31/2026		M			9,000	(1)	08/04/2026	Common Stock	9,000	$0.0	0	D

Explanation of Responses:

1. Exercisable in a series of 4 equal and successive annual installments commencing 12 months following the date of grant.

	By: Sharon O'Connor For: Alan Hoops	08/03/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)