Form 4: Corvel Corp Director Gordon Clemons Sells 2,000 Shares
SEC Form 4
Director Gordon Clemons sold 2,000 shares of Corvel Corp stock at $277 per share on May 24, 2024.
Summary
- On May 24, 2024, Gordon Clemons, Chairman of the Board at Corvel Corp, sold 2,000 shares of common stock at a price of $277 per share.
- Following the transaction, Clemons directly owns 900,030 shares and indirectly owns 266,584 shares through a spouse's living trust.
- The sale was reported on a Form 4 filing with the SEC.
Sentiment
Score: 5
Explanation: This is a neutral report of an insider transaction. It doesn't inherently indicate positive or negative sentiment about the company's prospects.
Industry Context
This is a routine disclosure of an insider transaction. It's common for executives and directors to periodically buy or sell shares of their company's stock.
Stakeholder Impact
- The sale of shares by a director could be perceived negatively by some shareholders, although it is a relatively small transaction.
Key Dates
| Date | Description |
|---|---|
| 05/24/2024 | Date of stock sale transaction |
| 05/29/2024 | Date of signature on the report |
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