Form 4: CORVEL EVP Exercises Options, Sells Shares
Insider Transaction Report
Corvel Corp's EVP of Risk Management Services, Mark E. Bertels, exercised stock options and subsequently sold an equal number of shares.
Summary
- Mark E. Bertels, EVP Risk Management Services at Corvel Corp (CRVL), executed a transaction on November 19, 2025.
- Bertels acquired 1,200 shares of Common Stock by exercising non-qualified stock options at a price of $34.437 per share.
- Immediately following the exercise, Bertels disposed of 1,200 shares of Common Stock at a sale price of $72.35 per share.
- After these transactions, Bertels directly beneficially owns 2,594 shares of Common Stock.
- The non-qualified stock options were exercisable as to 25% of shares one year following the grant date, with the remaining shares exercisable in 36 equal monthly installments thereafter, and have an expiration date of February 4, 2026.
Sentiment
Score: 5
Explanation: The filing reports a routine insider transaction involving the exercise of stock options and subsequent sale of shares, which is a common practice for executive compensation and liquidity management. It does not inherently indicate positive or negative sentiment regarding the company's future prospects.
Positives
- The executive realized a profit of $37.913 per share ($72.35 $34.437) on 1,200 shares, indicating a gain of approximately $45,495.60 from the option exercise and sale.
Negatives
- The transaction involved the sale of 1,200 shares by an executive, which reduces their direct beneficial ownership in the company.
Key Dates
| Date | Description |
|---|---|
| 02/04/2026 | Expiration date of the non-qualified stock option. |
| 11/19/2025 | Date of transaction for both option exercise and share sale. |
| 11/20/2025 | Date the Form 4 was signed and filed. |
Recommendation
holdThis Form 4 filing details a routine insider transaction where an executive exercised stock options and immediately sold the acquired shares. Such transactions are common for liquidity or tax planning purposes and typically do not reflect a change in the company's fundamental outlook or warrant a shift in investment recommendation based solely on this event.
Keywords
CRVL, Corvel Corp, Insider Transaction, Form 4, Stock Options, Executive Compensation, Share Sale
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