Form 4: Corvel Corp Executive Exercises Stock Options, Disposes of Shares
SEC Form 4 Filing
Maxim Shishin, Chief Information Officer of Corvel Corp, exercised stock options and disposed of 1,000 shares of common stock on June 10, 2024.
Summary
- On June 10, 2024, Maxim Shishin, the Chief Information Officer of Corvel Corp, exercised non-qualified stock options to acquire 1,000 shares of common stock at a price of $87.49 per share.
- Simultaneously, Mr. Shishin disposed of 1,000 shares.
- Following these transactions, Mr. Shishin directly owns 1,600 shares of Corvel Corp common stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC Form 4 filing, indicating a routine transaction. It doesn't convey any particularly positive or negative sentiment.
Industry Context
Executive stock transactions are a common occurrence in publicly traded companies and are closely monitored by investors for insights into management's perspective on the company's value and future prospects.
Stakeholder Impact
- The transaction may have a minor impact on shareholders due to the change in ownership, but it is unlikely to be significant.
Key Dates
| Date | Description |
|---|---|
| 06/10/2024 | Date of stock option exercise and share disposal. |
| 06/12/2024 | Date of Form 4 filing. |
| 08/08/2024 | Expiration date of the non-qualified stock options. |
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