CorVel (CRVL) CEO Michael Combs sells 500 shares in open-market trade

Rhea-AI Filing Summary

CorVel Corp CEO & President Michael G. Combs reported a small open-market sale of company stock. On June 12, 2026, he sold 500 shares of CorVel common stock at $60.79 per share in an open-market transaction. Following this sale, he directly holds 12,322 shares of CorVel common stock.

Insider Trade Summary 10b5-1

Net Seller: 500 shares ($30,395)

Net Sell 1 txn

Insider Combs Michael G

Role CEO & President

Sold 500 shs ($30K)

Type	Security	Shares	Price	Value
Sale	Common Stock	500	$60.79	$30K

Holdings After Transaction: Common Stock — 12,322 shares (Direct, null)

Footnotes (1)

Key Figures

Shares sold: 500 shares Sale price per share: $60.79 per share Shares held after transaction: 12,322 shares +1 more

4 metrics

Shares sold 500 shares Open-market sale of common stock on June 12, 2026

Sale price per share $60.79 per share Price for the 500 CorVel common shares sold

Shares held after transaction 12,322 shares Direct holdings of Michael G. Combs after the sale

Net shares sold 500 shares Net sell direction in this Form 4

Key Terms

open-market sale, Form 4, Common Stock

3 terms

open-market sale financial

"The transaction is described as an open-market sale at a price of $60.79 per share."

An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.

Form 4 regulatory

"This insider activity was disclosed in a Form 4 insider trading report."

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

Common Stock financial

"The reported transaction involves CorVel common stock as a non-derivative security."

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.

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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).

X

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^*

Combs Michael G

(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)
	CEO & President

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/12/2026

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	06/12/2026		S		500	D	$60.79	12,322	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:

	By: Sharon O'Connor For: Michael Combs	06/15/2026
	** 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) report for Michael G. Combs?

CorVel reported that CEO & President Michael G. Combs sold 500 shares of common stock in an open-market transaction on June 12, 2026, at a price of $60.79 per share. This was disclosed in a Form 4 insider trading report.

How many CorVel (CRVL) shares did Michael G. Combs sell and at what price?

Michael G. Combs sold 500 shares of CorVel common stock at $60.79 per share. The transaction was an open-market sale and was reported as a non-derivative transaction in a Form 4 filing with the SEC.

How many CorVel (CRVL) shares does Michael G. Combs hold after the reported sale?

After selling 500 shares, Michael G. Combs directly holds 12,322 shares of CorVel common stock. This post-transaction holding figure is reported in the Form 4 and reflects his remaining direct ownership position.

Was the CorVel (CRVL) insider transaction by Michael G. Combs an open-market sale?

Yes. The Form 4 describes Michael G. Combs’ transaction as an open-market sale of CorVel common stock. The transaction code is “S,” and the filing labels it an open-market sale at a price of $60.79 per share.

Did Michael G. Combs exercise options or trade derivatives in this CorVel (CRVL) Form 4?

No. The filing only reports a non-derivative transaction in CorVel common stock. There are no listed derivative transactions or remaining derivative positions in the derivative summary section of this Form 4.