CorVel (CRVL) 10% Owner Michael J. Jeffrey Receives 1,500-Share Award

What Happened
Michael J. Jeffrey, listed as a 10% owner of CorVel Corp (CRVL), received an award of 1,500 derivative shares on 2026-08-06. The grant is recorded at $0.00 per share (total reported value $0) and is treated as a derivative security rather than an open-market purchase or sale. This is a company grant/award — not a market transaction.

Key Details

• Transaction date: 2026-08-06; Form filed: 2026-08-10.
• Transaction type/code: Award/Grant (A). Quantity: 1,500 derivative shares; price reported $0.00.
• Vesting/Exercise terms (footnote): exercisable in four equal annual installments beginning 12 months after the grant date.
• Shares owned after transaction: Not specified in the provided filing details.
• No 10b5-1 plan, tax-withholding, or late-filing indication noted in the provided data.

Context
This is an awarded derivative grant that vests over time; it does not represent an immediate open-market purchase or sale. For 10% owners, such grants may reflect equity compensation or other arrangements with the company and are different from trading activity by executives. The economic benefit will depend on future vesting/exercise and the company’s stock price at those times.