CorVel 10% holder sells 66K shares near $69
A ten percent owner of CorVel Corp disclosed Rule 10b5-1 plan sales totaling 66,251 shares at about $69 per share over two days.
Rhea-AI Filing Summary
CorVel Corp (CRVL) reported that major shareholder Corstar Holdings Inc, a ten percent owner, sold a total of 66,251 shares of CorVel common stock in open market or private transactions under a Rule 10b5-1 trading plan. The sales occurred on September 3, 2026 (51,713 shares at $68.9112 per share) and September 4, 2026 (14,538 shares at $68.7559 per share).
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Insights
Analyzing...
Insider Trade Summary 10b5-1
Net Seller: 66,251 shares
Net Sell
2 txns
Insider
CORSTAR HOLDINGS INC
Role
10% Owner
Sold
66,251 shs ($4.56M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 14,538 | $68.7559 | $1000K |
| Sale | Common Stock | 51,713 | $68.9112 | $3.56M |
Holdings After Transaction:
Common Stock — 18,675,857 shares (Direct)
Key Figures
Shares sold September 3, 2026: 51,713 shares
Price per share September 3, 2026: $68.9112 per share
Shares sold September 4, 2026: 14,538 shares
+2 more
5 metrics
Shares sold September 3, 2026
51,713 shares
Sale of CorVel common stock by Corstar Holdings Inc
Price per share September 3, 2026
$68.9112 per share
Sale of 51,713 CorVel shares
Shares sold September 4, 2026
14,538 shares
Sale of CorVel common stock by Corstar Holdings Inc
Price per share September 4, 2026
$68.7559 per share
Sale of 14,538 CorVel shares
Total shares sold
66,251 shares
Aggregate of reported sales on September 3 and 4, 2026
Key Terms
Rule 10b5-1, ten percent owner, open market or private transaction
3 terms
Rule 10b5-1 regulatory
"transactions were made under a Rule 10b5-1 trading plan"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
ten percent owner regulatory
"Corstar Holdings Inc, a ten percent owner, sold 66,251 shares"
open market or private transaction financial
"Sale in open market or private transaction"
FAQ
What insider transaction did CorVel Corp (CRVL) disclose in this Form 4?
The filing reports that Corstar Holdings Inc, a ten percent owner of CorVel Corp, sold 66,251 shares of CorVel common stock in two transactions on September 3 and 4, 2026 at prices around $69 per share.
Who is the reporting person in CorVel Corp (CRVL)’s latest Form 4?
The reporting person is Corstar Holdings Inc, identified as a ten percent owner of CorVel Corp. The entity reported sales of CorVel common stock and is not listed as a director or officer in this filing.
Were CorVel (CRVL) insider sales made under a Rule 10b5-1 trading plan?
Yes. The Form 4 indicates that the transactions were made under a Rule 10b5-1 trading plan, as shown by the affirmative Rule 10b5-1 checkbox for this filing.
What type of transactions were reported for CorVel (CRVL) in this Form 4?
Both transactions are coded as “S”, described as a sale in open market or private transaction, involving CorVel common stock held directly by Corstar Holdings Inc.
AI-generated analysis. How Rhea-AI works. Not financial advice.