CorVel (CRVL) EVP adds shares through Employee Stock Purchase Plan

Rhea-AI Filing Summary

CorVel Corp executive Mark E. Bertels acquired 12 shares of Common Stock through an employee plan. The shares were obtained on March 31, 2026 at a price of $51.9175 per share under CorVel's Employee Stock Purchase Plan, in a transaction exempt under SEC Rule 16b-3(c). Following this routine compensation-related acquisition, he directly holds 2,606 shares of CorVel common stock.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Bertels Mark E.

Role EVP - Risk Management Services

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	12	$51.9175	$623.01

Holdings After Transaction: Common Stock — 2,606 shares (Direct)

Footnotes (1)

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Key Figures

Shares acquired: 12 shares Acquisition price: $51.9175 per share Post-transaction holdings: 2,606 shares

3 metrics

Shares acquired 12 shares Acquired on March 31, 2026 under Employee Stock Purchase Plan

Acquisition price $51.9175 per share Price for Employee Stock Purchase Plan acquisition

Post-transaction holdings 2,606 shares Total CorVel Common Stock directly held after transaction

Key Terms

Employee Stock Purchase Plan, SEC Rule 16b-3 (c), Common Stock

3 terms

Employee Stock Purchase Plan financial

"Shares acquired under the Issuer's Employee Stock Purchase Plan in a transaction exempt under SEC Rule 16b-3 (c)"

An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.

SEC Rule 16b-3 (c) regulatory

"Shares acquired under the Issuer's Employee Stock Purchase Plan in a transaction exempt under SEC Rule 16b-3 (c)"

Common Stock financial

"security_title: "Common Stock""

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

Form 4 Insider Transactions: What Each Field Means →

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^*

Bertels Mark E.

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP - Risk Management Services

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/31/2026

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	03/31/2026		A		12	A	$51.9175	2,606(1)	D

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

Explanation of Responses:

1. Shares acquired under the Issuer's Employee Stock Purchase Plan in a transaction exempt under SEC Rule 16b-3 (c)

	By: Sharon O'Connor For: Mark Bertels	04/02/2026
	** 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)

FAQ

What insider transaction did CorVel (CRVL) executive Mark E. Bertels report?

Mark E. Bertels reported acquiring 12 shares of CorVel Common Stock. The shares were obtained through the company’s Employee Stock Purchase Plan as a routine compensation-related transaction, not an open-market trade, and are exempt under SEC Rule 16b-3(c).

At what price did Mark E. Bertels acquire CorVel (CRVL) shares?

He acquired 12 shares at a price of $51.9175 per share. This acquisition occurred through CorVel’s Employee Stock Purchase Plan on March 31, 2026, as part of an exempt employee benefit transaction rather than a discretionary market purchase.

How many CorVel (CRVL) shares does Mark E. Bertels hold after this Form 4?

After the reported transaction, Mark E. Bertels directly holds 2,606 shares of CorVel Common Stock. This total reflects his position following the acquisition of 12 shares under the Employee Stock Purchase Plan described in the Form 4 filing.

What type of transaction is reported for CorVel (CRVL) on this Form 4?

The Form 4 reports a grant or award acquisition of Common Stock. Specifically, 12 shares were acquired under CorVel’s Employee Stock Purchase Plan in a transaction categorized as exempt under SEC Rule 16b-3(c), rather than a typical market buy or sell.

Is the CorVel (CRVL) insider transaction related to open-market buying or selling?

No, this transaction is not an open-market trade. The 12 shares of Common Stock were acquired through CorVel’s Employee Stock Purchase Plan as an exempt grant or award under SEC Rule 16b-3(c), reflecting routine compensation rather than active market buying or selling.