CorVel VP sells 2,100 shares after option exercise

CORVEL CORP (CRVL) reported that Vice President of Accounting Jennifer Yoss exercised a non-qualified stock option for 2,100 shares of common stock at an exercise price of $65.72 per share and on the same date sold 2,100 shares at $70.915 per share.

Rhea-AI Filing Summary

CORVEL CORP (CRVL) reported that Vice President of Accounting Jennifer Yoss exercised a non-qualified stock option for 2,100 shares of common stock at an exercise price of $65.72 per share and on the same date sold 2,100 shares at $70.915 per share. Following the option exercise, 852 option shares remain, with the option expiring on December 8, 2026. The option vests based on achievement of certain earnings-growth performance criteria.

Insider Trade Summary

Exercise and Sale: 2,100 shares ($11K approx. pre-tax spread)

Exercise and Sale 3 txns

Insider Yoss Jennifer

Role Vice President of Accounting

Sold 2,100 shs ($149K)

Approx. gross sale proceeds $149K

Approx. exercise cost $138K

Approx. pre-tax spread $11K

Type	Security	Shares	Price	Value
Exercise	Non-Qualified Stock Option (right to buy) F1	2,100	$0.00	$0.00
Exercise	Common Stock	2,100	$65.72	$138K
Sale	Common Stock	2,100	$70.915	$149K

Holdings After Transaction: Non-Qualified Stock Option (right to buy) — 852 contracts (Direct); Common Stock — 2,173 shares (Direct)

Footnotes (1)

1. F1. Option will vest based on achievement of certain performance criteria relating to earnings growth.

Key Figures

Option shares exercised: 2,100 shares Option exercise price: $65.72 per share Shares sold: 2,100 shares +3 more

6 metrics

Option shares exercised 2,100 shares Non-Qualified Stock Option exercised on August 20, 2026

Option exercise price $65.72 per share Exercise price of Non-Qualified Stock Option

Shares sold 2,100 shares Common stock sale on August 20, 2026

Sale price $70.915 per share Price for common stock sale

Remaining option shares 852 shares Total shares following derivative transaction

Option expiration date December 8, 2026 Expiration of Non-Qualified Stock Option

Key Terms

Non-Qualified Stock Option, derivative security, performance criteria relating to earnings growth

3 terms

Non-Qualified Stock Option financial

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

A non-qualified stock option (NSO) is a contract that lets an employee or service provider buy company shares at a fixed price for a set period, like a voucher to purchase stock later at today’s price. It matters to investors because exercising NSOs creates ordinary income for the holder and can increase share count, affecting a company’s earnings and ownership mix; think of it as a future sale that can dilute existing shareholders and has immediate tax consequences for the recipient.

derivative security financial

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

A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.

performance criteria relating to earnings growth financial

"Option will vest based on achievement of certain performance criteria relating"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did CORVEL CORP (CRVL) report for Jennifer Yoss?

CORVEL CORP reported that Vice President of Accounting Jennifer Yoss exercised a non-qualified stock option for 2,100 shares at $65.72 per share and sold 2,100 common shares at $70.915 per share on August 20, 2026.

Did the CRVL insider transaction involve an option exercise?

Yes. A non-qualified stock option to purchase 2,100 shares of CORVEL CORP common stock was exercised at an exercise price of $65.72 per share, converting the derivative into common shares that were then sold the same day.

At what price did the CRVL insider sell shares?

The reported sale involved 2,100 shares of CORVEL CORP common stock at a price of $70.915 per share in a transaction coded as a sale in open market or private transaction.

How many CORVEL CORP option shares remain after this Form 4 transaction?

After the reported option exercise, 852 option shares remain outstanding under the non-qualified stock option for Jennifer Yoss, with an expiration date of December 8, 2026.

What are the vesting conditions of the CRVL option reported for Jennifer Yoss?

The footnote states the option will vest based on achievement of certain performance criteria relating to earnings growth, indicating vesting is tied to earnings-growth performance rather than purely time-based service.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 08/24/2026 - 02:52 PM EDT Accepted by SEC EDGAR 08/24/2026 - 02:52 PM EDT Learn about SEC filing dates

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^*

Yoss Jennifer

(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)
	Vice President of Accounting

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
08/20/2026

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	08/20/2026		M		2,100	A	$65.72	4,273	D
Common Stock	08/20/2026		S		2,100	D	$70.915	2,173	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
Non-Qualified Stock Option (right to buy)	$65.72	08/20/2026		M			2,100	(1)	12/08/2026	Common Stock	2,100	$0.0	852	D

Explanation of Responses:

1. Option will vest based on achievement of certain performance criteria relating to earnings growth.

	By: Sharon O'Connor For: Jennifer Yoss	08/24/2026
	** 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)