CorVel (NASDAQ: CRVL) VP sells 2,100 shares after exercising options
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.
Positive
- None.
Negative
- None.
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 shares (Direct);
Common Stock — 2,173 shares (Direct)
Footnotes (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
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.
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.
