CorVel (CRVL) CEO Michael Combs sells 7,000 shares in open-market trade

Rhea-AI Filing Summary

CorVel Corp CEO Michael G. Combs reported an open-market sale of common stock. On June 8, 2026, he sold 7,000 shares of CorVel common stock at an average price of $60.2226 per share. After this transaction, he directly holds 33,822 shares of the company’s stock.

Insider Trade Summary 10b5-1

Net Seller: 7,000 shares ($421,558)

Net Sell 1 txn

Insider Combs Michael G

Role CEO & President

Sold 7,000 shs ($422K)

Type	Security	Shares	Price	Value
Sale	Common Stock	7,000	$60.2226	$422K

Holdings After Transaction: Common Stock — 33,822 shares (Direct, null)

Footnotes (1)

Key Figures

Shares sold: 7,000 shares Sale price: $60.2226 per share Shares held after sale: 33,822 shares +1 more

4 metrics

Shares sold 7,000 shares Open-market sale on June 8, 2026

Sale price $60.2226 per share Average price for the 7,000 shares sold

Shares held after sale 33,822 shares Direct ownership following the transaction

Net share change -7,000 shares Net sell direction in transaction summary

Key Terms

Form 4, open-market sale, transaction code "S", direct ownership

4 terms

Form 4 regulatory

"This was reported as an open-market sale dated June 8, 2026, in his Form 4 filing."

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.

open-market sale financial

"CorVel reported that CEO Michael G. Combs sold 7,000 shares of common stock in an open-market transaction."

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.

transaction code "S" regulatory

"The Form 4 lists it with transaction code "S" and describes it as an open-market sale of 7,000 common shares on June 8, 2026."

direct ownership financial

"The Form 4 marks the ownership code as "D," indicating direct ownership of the disclosed common stock position."

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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)
06/08/2026

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	06/08/2026		S		7,000	D	$60.2226	33,822	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	06/09/2026
	** 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 Michael G. Combs sold 7,000 shares of common stock in an open-market transaction. The sale was executed at an average price of $60.2226 per share on June 8, 2026.

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

Michael G. Combs sold 7,000 CorVel common shares at an average price of $60.2226 per share. This was reported as an open-market sale dated June 8, 2026, in his Form 4 filing.

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

Following the reported sale, Michael G. Combs directly holds 33,822 shares of CorVel common stock. This post-transaction ownership figure is disclosed in the Form 4 as total shares following the transaction.

Was the CorVel (CRVL) CEO transaction a buy or a sell?

The transaction by CorVel CEO Michael G. Combs was a sell. The Form 4 lists it with transaction code "S" and describes it as an open-market sale of 7,000 common shares on June 8, 2026.

Is the CorVel (CRVL) CEO’s ownership direct or indirect after the transaction?

After the transaction, Michael G. Combs’ 33,822 CorVel shares are reported as directly owned. The Form 4 marks the ownership code as "D," indicating direct ownership of the disclosed common stock position.