HAMERSLAG STEVEN J 4

What Happened

• Steven J. Hamerslag, a director of CorVel Corp (CRVL), reported two open-market sales totaling 20,000 shares. He sold 10,000 shares on Feb 12, 2026 at $47.17 ($471,700) and 10,000 shares on Feb 13, 2026 at $48.41 ($484,100), for combined proceeds of approximately $955,800. These were sales (not purchases), which are often routine liquidity events rather than explicit endorsements or criticisms of the company.

Key Details

• Transaction dates & prices:
  • 2026-02-12: 10,000 shares @ $47.17 = $471,700
  • 2026-02-13: 10,000 shares @ $48.41 = $484,100
  • Total: 20,000 shares = $955,800
• Transaction type: Reported as open-market sales (Form 4 sale code S).
• Shares owned after transaction: Not provided in the summary data here — check the full Form 4 for post-transaction holdings.
• Footnotes/plan info: No 10b5-1 plan, tax-withholding, or other footnotes shown in the provided excerpt.
• Filing timeliness: Form filed Feb 17, 2026. This appears timely under the SEC two-business-day rule (Feb 16, 2026 was a federal holiday).

Context

• Sales by directors are common for liquidity or portfolio management and do not by themselves indicate a change in company outlook. Retail investors may want to compare the sale size to the director’s remaining holdings and to other insider trades for additional context.