CorVel (CRVL) CEO Michael Combs Receives 1,500-Share Award

What Happened

• Michael G. Combs, CEO & President of CorVel Corporation, was granted a derivative award of 1,500 shares on August 6, 2026. The filing reports an acquisition price of $0.00 (no cash paid). The award is exercisable/vests in four equal annual installments (375 shares each) beginning 12 months after the grant date.

Key Details

• Transaction date: 2026-08-06; Form 4 filed: 2026-08-10.
• Transaction type/code: A (Grant / Award / Other acquisition); reported price: $0.00.
• Number of shares granted: 1,500 (vests in 4 equal annual installments of 375 shares starting 12 months after grant).
• Shares owned after the transaction: not specified in the provided filing details.
• Footnote: Vesting schedule as noted above (4 equal and successive annual installments commencing 12 months after grant).
• Timeliness: Form filed four days after the transaction date; check the full Form 4 for any filing-timeliness designation or explanation.

Context

• This is a restricted/derivative award subject to multi-year vesting rather than an immediate open-market purchase or sale. Such awards are common for executives as long-term compensation and do not necessarily indicate immediate buying or selling of stock.