Form 4: Corvel Corp Executive Jennifer Yoss Acquires Stock Options
SEC Form 4 Filing
Jennifer Yoss, Vice President of Accounting at Corvel Corp, reports the acquisition of non-qualified stock options.
Summary
- On May 16, 2024, Jennifer Yoss, Vice President of Accounting at Corvel Corp, acquired 200 non-qualified stock options with an exercise price of $270.25.
- These options are exercisable as to 25% of the shares one year following the grant date, with the remaining shares exercisable in 36 equal monthly installments thereafter.
- Following this transaction, Yoss directly owns 200 derivative securities.
Sentiment
Score: 5
Explanation: The document is a neutral report of a routine stock option grant, with no inherent positive or negative implications.
Industry Context
This is a routine disclosure of stock option grants to a company executive, a common practice in corporate compensation.
Stakeholder Impact
- The stock option grant aligns the executive's interests with those of the shareholders.
- The grant may have a minor dilutive effect on existing shareholders.
Key Dates
| Date | Description |
|---|---|
| 05/16/2024 | Date of transaction: Jennifer Yoss acquired 200 non-qualified stock options. |
| 05/16/2029 | Expiration date of the non-qualified stock options. |
| 05/20/2024 | Date of signature on the Form 4 filing. |
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