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CorVel major holder sells 158,749 shares

CorVel Corp (CRVL) reported that major shareholder Corstar Holdings Inc, a more-than-ten-percent owner, sold shares of its common stock in two open market or private transactions under a Rule 10b5-1 trading plan.

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Form Type
4

Rhea-AI Filing Summary

CorVel Corp (CRVL) reported that major shareholder Corstar Holdings Inc, a more-than-ten-percent owner, sold shares of its common stock in two open market or private transactions under a Rule 10b5-1 trading plan. The sales totaled 158,749 shares between $69.0478 and $70.1594 per share on September 11 and 14, 2026.

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Negative

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Insights

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Insider CORSTAR HOLDINGS INC
Role 10% Owner
Sold 158,749 shs ($11.10M)
Type Security Shares Price Value
Sale Common Stock 127,824 $70.1594 $8.97M
Sale Common Stock 30,925 $69.0478 $2.14M
Holdings After Transaction: Common Stock — 18,517,108 shares (Direct)
Total shares sold 158,749 shares Aggregate of two sales of CorVel Corp common stock reported in September 2026
Shares sold on September 11, 2026 30,925 shares Sale of CorVel Corp common stock by Corstar Holdings Inc
Sale price on September 11, 2026 $69.0478 per share Average price for 30,925 CorVel Corp shares sold
Shares sold on September 14, 2026 127,824 shares Sale of CorVel Corp common stock by Corstar Holdings Inc
Sale price on September 14, 2026 $70.1594 per share Average price for 127,824 CorVel Corp shares sold
Rule 10b5-1 trading plan regulatory
"transactions were made under a Rule 10b5-1 trading plan"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
more-than-ten-percent owner regulatory
"Corstar Holdings Inc, a more-than-ten-percent owner, sold shares"
open market or private transaction financial
"Sale in open market or private transaction"

FAQ

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

What insider activity did CRVL disclose in this Form 4?

CorVel Corp disclosed that major shareholder Corstar Holdings Inc sold a total of 158,749 shares of CorVel common stock in two transactions on September 11 and 14, 2026.

How many CRVL shares did the insider sell on each date?

On September 11, 2026, Corstar Holdings Inc sold 30,925 shares of CorVel common stock. On September 14, 2026, it sold an additional 127,824 shares.

At what prices were the CRVL shares sold in this Form 4?

The reported average sale prices were $69.0478 per share for the 30,925 shares sold on September 11, 2026, and $70.1594 per share for the 127,824 shares sold on September 14, 2026.

Was the CRVL insider trading under a Rule 10b5-1 plan?

Yes. The Form 4 indicates the transactions were made under a Rule 10b5-1 trading plan, meaning the trades were executed according to a pre-established plan rather than at the holder’s discretion at the time of sale.

Who is the reporting person in this CRVL Form 4 filing?

The reporting person is Corstar Holdings Inc, identified as a more-than-ten-percent owner of CorVel Corp’s common stock and the entity that executed the reported sales.

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

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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED 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*
CORSTAR HOLDINGS INC

(Last)(First)(Middle)
6640 SHADY OAK RD., STE. 370

(Street)
EDEN PRAIRIE MINNESOTA 55344

(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)
DirectorX10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
09/11/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock09/11/2026S30,925D$69.047818,644,932D
Common Stock09/14/2026S127,824D$70.159418,517,108D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
By: Jeffrey Michael For: Corstar Holdings, Inc.09/15/2026
** Signature of Reporting PersonDate
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)

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