Form 4: Corvel Corp CEO Michael Combs Sells 2,473 Shares
SEC Form 4 Filing
CEO Michael Combs of Corvel Corp (CRVL) sold 2,473 shares of common stock on August 12, 2024, at a price of $300.9877 per share.
Summary
- On August 12, 2024, Michael Combs, the CEO and President of Corvel Corp (CRVL), sold 2,473 shares of the company's common stock.
- The sale was executed at a price of $300.9877 per share.
- Following the transaction, Combs directly owns 16,823 shares of Corvel Corp.
- The transaction was reported on Form 4, filed with the Securities and Exchange Commission (SEC) on August 14, 2024.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting a stock sale by the CEO. It doesn't inherently convey positive or negative sentiment, but the market may interpret the sale in various ways.
Industry Context
Insider sales are a common occurrence and are often scrutinized by investors for insights into a company's prospects, although they don't always indicate a negative outlook.
Stakeholder Impact
- Shareholders may react to the news of the CEO's stock sale, potentially impacting the stock price.
Key Dates
| Date | Description |
|---|---|
| 08/12/2024 | Date of stock sale transaction |
| 08/14/2024 | Date of SEC Form 4 filing |
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