Form 4: Corvel Corp Director Judd Jessup Sells 2,500 Shares
SEC Form 4
Director Judd Jessup of Corvel Corp (CRVL) sold 2,500 shares of common stock on August 23, 2024, at a price of $311.6 per share.
Summary
- On August 23, 2024, Judd Jessup, a director of Corvel Corp (CRVL), sold 2,500 shares of the company's common stock.
- The sale price was $311.6 per share.
- Following the transaction, Jessup directly owns 40,777 shares of Corvel Corp.
- The transaction was reported on August 27, 2024.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of a stock sale by a director. The sentiment is neither positive nor negative as it simply reports a transaction.
Industry Context
This is a routine disclosure of a transaction by a company insider. It's important to monitor insider transactions as they can provide insights into management's perspective on the company's valuation and future prospects. However, single transactions should not be over interpreted.
Stakeholder Impact
- The sale of shares by a director could be perceived negatively by some shareholders, but the impact is likely minimal given the relatively small number of shares sold compared to the total outstanding shares.
Key Dates
| Date | Description |
|---|---|
| 08/23/2024 | Date of transaction: Judd Jessup sold 2,500 shares of Corvel Corp common stock. |
| 08/27/2024 | Date of report: Form 4 filing date. |
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