Form 4: Corvel Corp Executive Maxim Shishin Acquires 3,000 Stock Options

Corvel Corp's Chief Information Officer, Maxim Shishin, reports the acquisition of 3,000 non-qualified stock options.

Summary

• On May 15, 2025, Maxim Shishin, Chief Information Officer of Corvel Corp, acquired 3,000 non-qualified stock options.
• The exercise price of these options is $110.03.
• The options become exercisable as to 25% of the shares one year after the grant date, with the remaining shares exercisable in 36 equal monthly installments.
• The options expire on May 15, 2030.
• Following this transaction, Shishin directly owns 3,000 derivative securities.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing regarding stock option grants, which is neutral in sentiment.

Positives

• The acquisition of stock options aligns the executive's interests with those of the shareholders, incentivizing performance and value creation.

Industry Context

This filing is a routine disclosure related to executive compensation and is common in publicly traded companies. It reflects part of the company's strategy to incentivize its executives.

Stakeholder Impact

• The granting of stock options can potentially align management's interests with those of shareholders.

Key Dates

Keywords

stock options, Form 4, Corvel Corp, insider trading, Maxim Shishin, CRVL, acquisition