CorVel Corporation's SEC filings document the company's public-company reporting for a technology-enabled risk management business serving workers' compensation and health, auto, and liability programs. Recent 8-K filings furnish quarterly financial results through Item 2.02 disclosures and related earnings press releases.
CorVel's proxy and annual meeting filings cover stockholder voting matters, director elections, auditor ratification, and governance procedures. The filings also identify the company's common stock, par value $0.0001 per share, traded under CRVL on the Nasdaq Global Select Market, tying its governance record to its listed equity security.
Bertels Mark E. reported acquisition or exercise transactions in this Form 4 filing.
CorVel Corp executive Mark E. Bertels received a grant of 6,000 non-qualified stock options on March 4, 2026. These options give him the right to buy CorVel shares in the future as part of his compensation.
The options become exercisable as to 25% of the shares one year after the grant date, with the remaining 75% vesting in 36 equal monthly installments after that. Following this award, he holds 6,000 derivative securities directly.
CorVel Corp director Steven J. Hamerslag reported selling common stock in two open‑market transactions. On February 12, 2026, he sold 10,000 shares at $47.17 per share, leaving him with 297,000 shares owned directly. On February 13, 2026, he sold another 10,000 shares at $48.41 per share, and his directly held stake after this sale was 287,000 common shares.
Kayne Anderson Rudnick Investment Management, LLC reported beneficial ownership of 4,991,080 CorVel Corp common shares, representing 9.7% of the class as of 12/31/2025. The firm has sole voting power over 3,204,952 shares and shared voting power over 943,511 shares.
It holds sole dispositive power over 4,047,569 shares and shared dispositive power over 943,511 shares. The firm certifies that the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of CorVel.
A shareholder has filed a notice of intent to sell 20,000 shares of common stock through J.P. Morgan Securities LLC on or around 02/12/2026 on the NASDAQ market, with an aggregate market value listed as 939,600.
The filing notes that the seller’s shares were originally acquired via transfers from Steven J. Hamerslag in 2006 and 2014, following stock option exercises. It also discloses that a related trust sold 7,000 common shares on 12/11/2025 for gross proceeds of 494,340. The seller represents not knowing any undisclosed material adverse information about the issuer.
CorVel Corporation reported modest growth for the quarter ended December 31, 2025. Revenue rose to $235.6 million from $228.0 million, driven mainly by stronger network solutions activity with existing customers. Quarterly net income increased slightly to $24.2 million, with diluted earnings per share up to $0.47.
For the first nine months of the fiscal year, revenue grew to $710.0 million, up 6.9%, while net income climbed 15.4% to $79.3 million. Gross margin improved to 23.9% and operating cash flow reached $126.2 million, allowing continued investment in software and ongoing share repurchases.
CorVel Corporation reported an equity award to its Chief Financial Officer, Brian S. Nichols. On 11/06/2025, he received a grant of 4,000 non-qualified stock options with an exercise price of $75.36 per share under CorVel’s 2025 Stock Incentive Plan.
The options relate to common stock and expire on 11/06/2030. Vesting will depend on achieving specified performance criteria tied to earnings growth. After this grant, Nichols beneficially owns 4,425 derivative securities (stock options) in CorVel on a direct basis.
CorVel Corporation’s Chief Financial Officer Brian Nichols has filed an initial ownership report showing his holdings of stock options. The filing lists several non-qualified stock options, each giving him the right to buy CorVel common stock at exercise prices ranging from $39.827 to $110.18, with expirations between 2026 and 2030.
One option grant vests so that 25% becomes exercisable one year after the grant date, with the remaining shares vesting in 36 equal monthly installments. The filing reflects the number of shares that remain available under each option originally granted between 2021 and 2025.
CorVel Corporation furnished an update on its recent performance by issuing a press release on February 3, 2026 that announces its financial results for the three and nine months ended December 31, 2025. The company submitted an 8-K to make this information broadly available.
The press release is included as Exhibit 99.1 to the report and is designated as “furnished,” meaning it is not treated as “filed” for certain liability purposes under the Securities Exchange Act. The filing also includes an Inline XBRL cover page data file as Exhibit 104.
CorVel Corp CEO & President Michael G. Combs reported multiple stock option exercises and related share withholdings dated January 5, 2026. He exercised non-qualified stock options covering 27,750, 501 and 156 shares of common stock at exercise prices of $51.997, $39.827 and $34.437 per share, respectively. According to the footnote, shares were delivered to pay the option exercise price and/or tax liabilities incident to these exercises, including transactions where 21,175 and 2,306 shares of common stock, among smaller amounts, were withheld. After these transactions, he directly owned 48,773 shares of common stock and 22,871 non-qualified stock options.
CorVel Corp director Steve Hamerslag reported a charitable gift of 7,000 shares of common stock on 12/11/2025. The transaction was coded as a gift and carried a reported price of $0.0 per share, indicating it was not a market sale.
After this donation, Hamerslag beneficially owns 307,000 CorVel shares directly. The footnote explains that the shares were gifted to charity DAFgiving360.