Yoss Jennifer 4

What Happened

• Jennifer Yoss, Vice President of Accounting at CorVel Corp (CRVL), exercised stock options on May 26, 2026 to acquire 1,999 shares and sold those shares in open-market transactions the same day. She paid $101,812 in aggregate exercise costs (three exercises at $52.00, $52.00 and $49.63) and received aggregate sale proceeds of $121,980 (1,999 shares sold at $61.02), netting roughly $20,168 before fees and taxes. The filing shows related derivative dispositions at $0.00, reflecting conversion of the options into common shares.

Key Details

• Transaction date: 2026-05-26 (Form 4 filed 2026-05-27 — appears timely)
• Exercises (Acquired): 958 @ $52.00; 141 @ $52.00; 900 @ $49.63 — total 1,999 shares; total exercise cost $101,812.
• Sales (Disposed): 958 @ $61.02; 141 @ $61.02; 900 @ $61.02 — total 1,999 shares; total proceeds $121,980.
• Derivative-type entries showing $0.00 disposed correspond to the options being converted (M = option exercise).
• Shares owned after the transactions: not reported in the excerpt provided.
• Footnotes: F1 — standard time-based vesting (25% after one year, then 36 monthly installments). F2 — certain options vest based on achievement of performance criteria tied to earnings growth.

Context

• This was an exercise followed by same-day sale (a cashless or sell-to-open pattern), which is common when insiders exercise options to cover exercise costs and tax obligations. These transactions are routine insider liquidity events and do not, by themselves, indicate management’s view on the company’s prospects.