CorVel (CRVL) Director Jessup Judd Receives 1,500-Share Award

What Happened Jessup R. Judd, a director of CorVel Corp. (CRVL), was granted a derivative award for 1,500 shares on 2026-08-06. The reported acquisition price is $0.00, so no cash was paid; the filing shows the award as a derivative security rather than an open-market purchase or sale.

Key Details

• Transaction date: 2026-08-06; Form 4 filed: 2026-08-10 (filed within the typical Form 4 deadline).
• Amount granted: 1,500 derivative shares; reported price: $0.00 (total reported cash value = $0).
• Vesting/Exercisability: Exercisable/vests in four equal annual installments beginning 12 months after grant (per footnote).
• Shares owned after the transaction: Not disclosed in this filing.
• Filing timeliness: Timely (no late-report indication).

Context This is an award/grant (A) of derivative securities, not a market purchase or sale. The $0.00 price and the footnote vesting schedule indicate the grant will convert to or become exercisable for shares over time (commonly structured as RSUs or similar long-term incentive awards). Such grants are compensation-related and do not by themselves signal an immediate insider buy or sell.