Form 4: Corvel Corp Executive Exercises Stock Options

Maxim Shishin, Chief Information Officer of Corvel Corp, exercised stock options on March 14, 2025, acquiring 2,250 shares of common stock.

Summary

• On March 14, 2025, Maxim Shishin, the Chief Information Officer of Corvel Corp, exercised non-qualified stock options.
• This transaction resulted in the acquisition of 2,250 shares of common stock at a price of $17.563 per share.
• Following the transaction, Shishin directly owns 7,050 shares of Corvel Corp common stock.
• The exercised options were part of a grant that vests over time, with 25% vesting one year after the grant date and the remaining shares vesting in 36 equal monthly installments.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing an insider transaction. It is neutral in tone and does not convey any particularly positive or negative sentiment.

Industry Context

This Form 4 filing is a routine disclosure related to insider transactions. It provides transparency into the actions of company executives regarding their holdings of company stock. It is common for executives to receive stock options as part of their compensation packages, and the exercise of these options is a normal part of corporate governance.

Stakeholder Impact

• The transaction has a minor impact on shareholders as it increases the number of outstanding shares.

Key Dates