CorVel CEO granted 25,000 stock options at $64.49

CorVel Corp CEO Sarah A. Scott received a grant of 25,000 non-qualified stock options on July 1, 2026.

Accepted by SEC EDGAR 07/24/2026 - 06:57 PM EDT Learn about SEC filing dates

Rhea-AI Filing Summary

CorVel Corp CEO Sarah A. Scott received a grant of 25,000 non-qualified stock options on July 1, 2026. The options have an exercise price of $64.49 per share, expire on July 1, 2031, and vest 25% one year after grant, with the remaining shares vesting in 36 equal monthly installments. Following this award, 25,000 options are reported as held directly under this grant.

Insider Trade Summary

Grant/Award: 25,000 shares

Grant/Award 1 txn

Insider Scott Sarah A.

Role CEO and President

Type	Security	Shares	Price	Value
Grant/Award	Non-Qualified Stock Option (right to buy) F1	25,000	$0.00	$0.00

Holdings After Transaction: Non-Qualified Stock Option (right to buy) — 25,000 contracts (Direct)

Holdings Before and After: Non-Qualified Stock Option (right to buy), 0 to 25,000 contracts (Direct)

Footnotes (1)

1. F1. Exercisable as to 25% of shares one year following grant date with the remaining shares exercisable in 36 equal monthly installments thereafter.

Key Figures

Option grant size: 25,000 options Exercise price: $64.49 per share Expiration date: July 1, 2031 +1 more

4 metrics

Option grant size 25,000 options Non-qualified stock options granted to CEO Sarah A. Scott on July 1, 2026

Exercise price $64.49 per share Exercise price for the 25,000 non-qualified stock options

Expiration date July 1, 2031 Expiration date of the CEO’s option grant

Vesting schedule 25% after 1 year; remaining over 36 months Vesting terms from grant: 25% after one year, then 36 equal monthly installments

Key Terms

Non-Qualified Stock Option (right to buy), grant date, equal monthly installments

3 terms

Non-Qualified Stock Option (right to buy) financial

"Security titled Non-Qualified Stock Option (right to buy) is reported."

grant date financial

"Exercisable as to 25% of shares one year following grant date"

The grant date is the day a company formally gives an employee or contractor the right to receive stock-based compensation, such as stock options or restricted shares. It matters to investors because it fixes key terms—like the price, the start of the ownership clock, and when the award will affect the company’s financial statements and share count—so it can influence dilution, reported expenses, and potential future selling pressure.

equal monthly installments financial

"remaining shares exercisable in 36 equal monthly installments thereafter"

FAQ

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

What insider transaction did CorVel Corp (CRVL) report for July 1, 2026?

CorVel Corp reported that CEO Sarah A. Scott received 25,000 non-qualified stock options on July 1, 2026. The options are a compensation grant, not a market purchase, and are exercisable into common stock under specified vesting and expiration terms.

How many stock options did CorVel Corp (CRVL) grant to CEO Sarah A. Scott?

CorVel Corp granted CEO Sarah A. Scott 25,000 non-qualified stock options in this transaction. These options give the right to buy 25,000 shares of common stock once vested, subject to an exercise price and expiration date set in the award.

What is the exercise price of the options granted to the CorVel Corp (CRVL) CEO?

The options granted to the CorVel Corp CEO carry an exercise price of $64.49 per share. This is the price at which she may purchase common shares upon exercise, provided the options have vested and are exercised before their expiration date.

When do the newly granted CorVel Corp (CRVL) options to the CEO expire?

The options granted to the CEO expire on July 1, 2031. After this expiration date the options can no longer be exercised, so any unexercised portion of the 25,000-share award would lapse if not used by that time.

What is the vesting schedule for the CorVel Corp (CRVL) CEO’s new option grant?

The option grant vests 25% one year after the grant date, with the remainder vesting in 36 equal monthly installments. This structure means the award becomes exercisable gradually over several years, starting after the initial one-year cliff.

Was the CorVel Corp (CRVL) CEO’s option grant made under a Rule 10b5-1 trading plan?

The filing indicates the Rule 10b5-1 checkbox is not marked for this transaction. That means the reported grant of 25,000 non-qualified stock options is not designated as occurring pursuant to a Rule 10b5-1 trading plan.

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

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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).

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^*

Scott Sarah A.

(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 and President

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
07/01/2026

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

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
Non-Qualified Stock Option (right to buy)	$64.49	07/01/2026		A		25,000		(1)	07/01/2031	Common Stock	25,000	$0.0	25,000	D

Explanation of Responses:

1. Exercisable as to 25% of shares one year following grant date with the remaining shares exercisable in 36 equal monthly installments thereafter.

	By: Sharon O'Connor For: Sarah Scott	07/24/2026
	** 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)