Form 4: Corvel Corp Executive Jennifer Yoss Reports Stock Transactions
SEC Form 4 Filing
Jennifer Yoss, Vice President of Accounting at Corvel Corp, reports the acquisition and disposal of company stock and stock options on August 1, 2024.
Summary
- On August 1, 2024, Jennifer Yoss, Vice President of Accounting at Corvel Corp, reported transactions involving Corvel Corp common stock.
- Yoss disposed of 914 shares of common stock at a price of $300.8891 per share.
- Yoss also disposed of 300 shares of common stock at a price of $300.8457 per share.
- Yoss acquired 300 shares of common stock through the exercise of non-qualified stock options at a price of $79.49 per share.
- Following these transactions, Yoss directly owns 680 shares of Corvel Corp common stock.
- Yoss also owns derivative securities in the form of non-qualified stock options for 0 shares.
- The non-qualified stock options were exercised on August 1, 2024, and expire on July 31, 2025.
- The options have an exercise price of $79.49.
- The options became exercisable as to 25% of the shares one year following the grant date, with the remaining shares exercisable in 36 equal monthly installments thereafter.
Sentiment
Score: 5
Explanation: The document is a neutral report of stock transactions, with no inherent positive or negative sentiment.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the trading activities of company executives.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership, but the effect is likely negligible given the relatively small number of shares involved.
Key Dates
| Date | Description |
|---|---|
| 08/01/2024 | Date of stock transactions (acquisition and disposal). |
| 07/31/2025 | Expiration date of the non-qualified stock options. |
| 08/05/2024 | Date of signature for the Form 4 filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.