STOCK TITAN

[Form 4] Corvel Corp Insider Trading Activity

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
4
Rhea-AI Filing Summary

Steven Hamerslag, a director of CorVel Corp (CRVL), was granted a non-qualified stock option to purchase 1,500 shares at an exercise price of $85.56. The option is exercisable in four equal annual installments beginning 12 months after the grant date and expires on 08/07/2035.

Following the reported transaction the filing shows beneficial ownership of 1,500 shares on a direct basis. The filing records the grant terms and the vesting schedule but does not disclose total dilution, percentage ownership, or any cash proceeds received.

Steven Hamerslag, direttore di CorVel Corp (CRVL), ha ricevuto un'opzione su azioni non qualificata per l'acquisto di 1.500 azioni a un prezzo di esercizio di $85.56. L'opzione è esercitabile in quattro rate annuali uguali a partire da 12 mesi dalla data di concessione e scade il 07/08/2035.

Dopo la transazione segnalata, la comunicazione indica la titolarità effettiva di 1.500 azioni in forma diretta. Il documento riporta i termini della concessione e il piano di vesting, ma non specifica la diluizione complessiva, la percentuale di partecipazione né eventuali proventi in contanti ricevuti.

Steven Hamerslag, director de CorVel Corp (CRVL), recibió una opción sobre acciones no calificada para comprar 1.500 acciones a un precio de ejercicio de $85.56. La opción puede ejercerse en cuatro cuotas anuales iguales a partir de los 12 meses siguientes a la fecha de concesión y vence el 07/08/2035.

Tras la transacción comunicada, la presentación refleja la propiedad beneficiaria de 1.500 acciones en forma directa. El documento recoge los términos de la concesión y el calendario de vesting, pero no revela la dilución total, el porcentaje de participación ni los ingresos en efectivo recibidos.

Steven Hamerslag 씨는 CorVel Corp (CRVL)의 이사로서 주식 1,500주를 $85.56의 행사가로 매수할 수 있는 비자격 스톡옵션을 부여받았습니다. 이 옵션은 부여일로부터 12개월 후 시작하여 매년 동일한 비율로 4회에 걸쳐 행사할 수 있으며 만료일은 2035년 8월 7일입니다.

보고된 거래 이후 제출 서류에는 직접 보유 형태의 1,500주의 실질적 소유가 기재되어 있습니다. 서류에는 부여 조건과 베스팅 일정은 명시되어 있으나 전체 희석 효과, 소유 지분 비율 또는 수령한 현금 대금은 공개되어 있지 않습니다.

Steven Hamerslag, administrateur de CorVel Corp (CRVL), s'est vu accorder une option d'achat d'actions non qualifiée lui permettant d'acheter 1 500 actions au prix d'exercice de $85.56. L'option est exerçable en quatre versements annuels égaux à partir de 12 mois après la date d'attribution et expire le 07/08/2035.

À la suite de l'opération déclarée, le dépôt indique une détention effective de 1 500 actions à titre direct. Le dossier mentionne les conditions de l'attribution et le calendrier d'acquisition des droits, mais ne divulgue ni la dilution totale, ni le pourcentage de participation, ni d'éventuelles recettes en espèces reçues.

Steven Hamerslag, Direktor von CorVel Corp (CRVL), wurde eine nicht qualifizierte Aktienoption zum Kauf von 1.500 Aktien zu einem Ausübungspreis von $85.56 gewährt. Die Option ist in vier gleichen jährlichen Raten ausübbar, beginnend 12 Monate nach dem Gewährungsdatum, und läuft am 07.08.2035 ab.

Nach der gemeldeten Transaktion weist die Meldung eine wirtschaftliche Eigentümerschaft von 1.500 Aktien in direkter Form aus. Die Einreichung dokumentiert die Gewährungsbedingungen und den Vesting-Zeitplan, nennt jedoch nicht die gesamte Verwässerung, den prozentualen Anteil oder etwaige erhaltene Barerlöse.

Positive
  • Non-qualified stock option grant documented for 1,500 underlying shares at an $85.56 exercise price
  • Vesting schedule disclosed: four equal annual installments commencing 12 months after grant; expiration 08/07/2035
Negative
  • None.

Insights

TL;DR: Routine director equity grant with multi-year vesting; materiality cannot be judged without share count.

The Form 4 documents a non-qualified stock option grant of 1,500 underlying shares to a company director at a strike of $85.56, exercisable in four equal annual installments starting 12 months post-grant and expiring on 08/07/2035. This is a standard long-term incentive structure for a director. The filing is complete on grant mechanics but does not provide outstanding share data, so potential dilution and relative impact on governance or control cannot be assessed from this form alone.

TL;DR: Compensation detail disclosed; vesting and ten-year term are typical for option grants.

The report specifies a Non-Qualified Stock Option (right to buy) for 1,500 shares at an exercise price of $85.56, with vesting in four equal annual installments beginning 12 months after grant. The ten-year contractual life (expiration 08/07/2035) aligns with common option practices. The filing shows direct beneficial ownership of the 1,500 shares post-grant. Without additional compensation context or company-wide equity metrics, the grant’s relative scale and cost are indeterminate.

Steven Hamerslag, direttore di CorVel Corp (CRVL), ha ricevuto un'opzione su azioni non qualificata per l'acquisto di 1.500 azioni a un prezzo di esercizio di $85.56. L'opzione è esercitabile in quattro rate annuali uguali a partire da 12 mesi dalla data di concessione e scade il 07/08/2035.

Dopo la transazione segnalata, la comunicazione indica la titolarità effettiva di 1.500 azioni in forma diretta. Il documento riporta i termini della concessione e il piano di vesting, ma non specifica la diluizione complessiva, la percentuale di partecipazione né eventuali proventi in contanti ricevuti.

Steven Hamerslag, director de CorVel Corp (CRVL), recibió una opción sobre acciones no calificada para comprar 1.500 acciones a un precio de ejercicio de $85.56. La opción puede ejercerse en cuatro cuotas anuales iguales a partir de los 12 meses siguientes a la fecha de concesión y vence el 07/08/2035.

Tras la transacción comunicada, la presentación refleja la propiedad beneficiaria de 1.500 acciones en forma directa. El documento recoge los términos de la concesión y el calendario de vesting, pero no revela la dilución total, el porcentaje de participación ni los ingresos en efectivo recibidos.

Steven Hamerslag 씨는 CorVel Corp (CRVL)의 이사로서 주식 1,500주를 $85.56의 행사가로 매수할 수 있는 비자격 스톡옵션을 부여받았습니다. 이 옵션은 부여일로부터 12개월 후 시작하여 매년 동일한 비율로 4회에 걸쳐 행사할 수 있으며 만료일은 2035년 8월 7일입니다.

보고된 거래 이후 제출 서류에는 직접 보유 형태의 1,500주의 실질적 소유가 기재되어 있습니다. 서류에는 부여 조건과 베스팅 일정은 명시되어 있으나 전체 희석 효과, 소유 지분 비율 또는 수령한 현금 대금은 공개되어 있지 않습니다.

Steven Hamerslag, administrateur de CorVel Corp (CRVL), s'est vu accorder une option d'achat d'actions non qualifiée lui permettant d'acheter 1 500 actions au prix d'exercice de $85.56. L'option est exerçable en quatre versements annuels égaux à partir de 12 mois après la date d'attribution et expire le 07/08/2035.

À la suite de l'opération déclarée, le dépôt indique une détention effective de 1 500 actions à titre direct. Le dossier mentionne les conditions de l'attribution et le calendrier d'acquisition des droits, mais ne divulgue ni la dilution totale, ni le pourcentage de participation, ni d'éventuelles recettes en espèces reçues.

Steven Hamerslag, Direktor von CorVel Corp (CRVL), wurde eine nicht qualifizierte Aktienoption zum Kauf von 1.500 Aktien zu einem Ausübungspreis von $85.56 gewährt. Die Option ist in vier gleichen jährlichen Raten ausübbar, beginnend 12 Monate nach dem Gewährungsdatum, und läuft am 07.08.2035 ab.

Nach der gemeldeten Transaktion weist die Meldung eine wirtschaftliche Eigentümerschaft von 1.500 Aktien in direkter Form aus. Die Einreichung dokumentiert die Gewährungsbedingungen und den Vesting-Zeitplan, nennt jedoch nicht die gesamte Verwässerung, den prozentualen Anteil oder etwaige erhaltene Barerlöse.

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*
HAMERSLAG STEVEN J

(Last) (First) (Middle)
5128 APACHE PLUME ROAD, SUITE 400

(Street)
FORT WORTH TX 75109

(City) (State) (Zip)
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)
3. Date of Earliest Transaction (Month/Day/Year)
08/07/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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
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) $85.56 08/07/2025 A 1,500 (1) 08/07/2035 Common Stock 1,500 $0.0 1,500 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: Steven Hamerslag 08/11/2025
** 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.

FAQ

What did the Form 4 for CRVL disclose about Steven Hamerslag's transaction?

The filing shows a Non-Qualified Stock Option grant for 1,500 shares with an exercise price of $85.56.

When can the options granted to the CRVL director be exercised?

They vest in four equal annual installments beginning 12 months after the grant date.

When do the options expire and how many shares are involved for CRVL?

The options expire on 08/07/2035 and cover 1,500 underlying common shares.

What ownership is reported after the reported transaction for CRVL insider?

The Form 4 reports 1,500 shares beneficially owned on a direct basis following the transaction.

Does the Form 4 disclose dilution or percentage ownership for CRVL?

No. The filing does not provide total shares outstanding or percentage ownership, so dilution cannot be determined from this form alone.
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