Form 4: Corvel Corp Executive Jennifer Yoss Reports Stock Option Exercise and Share Disposals

Jennifer Yoss, Vice President of Accounting at Corvel Corp, exercised stock options and disposed of shares to cover the exercise price and tax obligations on May 10, 2024.

Summary

• On May 10, 2024, Jennifer Yoss, Vice President of Accounting at Corvel Corp, exercised non-qualified stock options to acquire 300 shares of common stock at a price of $52.69 per share.
• Following the exercise, Yoss disposed of 60 shares at $260.98 per share and 82 shares at $260.98 per share to cover the option exercise price and tax liability.
• After these transactions, Yoss directly owns 680 shares of Corvel Corp common stock.
• Yoss also holds non-qualified stock options for 0 shares.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions by an executive, with neutral sentiment.

Industry Context

This Form 4 filing is a routine disclosure of insider transactions, providing transparency into the trading activities of company executives. It is a standard practice for publicly traded companies to report such transactions to the SEC.

Stakeholder Impact

• The transactions have a minimal direct impact on stakeholders, as they represent a small portion of the company's outstanding shares.

Key Dates