4Filed Aug 9, 8:00 PM ET
CorVel (CRVL) Director Steven Hamerslag Receives 1,500-Share Award
$CRVL · CORVEL CORPResearch Summary
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CorVel (CRVL) Director Steven Hamerslag Receives 1,500-Share Award
What Happened Steven J. Hamerslag, a director of CorVel Corp (CRVL), was granted 1,500 derivative shares (transaction code A) on August 6, 2026. The grant shows a $0.00 acquisition price (i.e., no cash paid) — total immediate cash value reported as $0. This was a compensation award rather than an open-market purchase or sale.
Key Details
- Transaction date and type: 2026-08-06, Grant/Award (A) of 1,500 shares at $0.00 (derivative).
- Filing date: 2026-08-10 — appears timely under the Form 4 two-business-day rule.
- Shares owned after transaction: not specified in the provided summary of the filing; see the full Form 4 for total beneficial ownership.
- Footnote: F1 — Award is exercisable/vests in four equal and successive annual installments beginning 12 months after the grant date.
Context This was a director compensation award (not a purchase or sale). Such grants are commonly part of routine director pay and vest over time, so they do not necessarily signal immediate bullish or bearish intent. Because the award vests over four years, the economic benefit to the insider is realized gradually as installments become exercisable/vested.