CorVel (CRVL) VP Jennifer Yoss Exercises Options, Sells 2,100 Shares

What Happened Jennifer Yoss, Vice President of Accounting at CorVel Corp (CRVL), exercised options to acquire 2,100 common shares on Aug 20, 2026 at an exercise price of $65.72 (cost $138,012). The same day she sold those 2,100 shares in an open-market transaction at $70.92 per share for total proceeds of $148,922. The filing also shows the corresponding derivative instrument was terminated (listed as disposed at $0), consistent with converting options into shares.

Key Details

• Transaction date: 2026-08-20 (reported on Form 4 filed 2026-08-24; filing appears timely)
• Exercise: 2,100 shares acquired @ $65.72 each = $138,012
• Sale: 2,100 shares disposed @ $70.92 each = $148,922
• Derivative entry: 2,100 options/derivative listed as disposed @ $0 (reflects option conversion)
• Shares owned after the transactions: not specified in the filing
• Footnote: F1 — Option vesting is tied to certain performance criteria related to earnings growth

Context This is an option exercise followed by an immediate sale of the underlying shares (a cashless-style transaction), which is common when insiders exercise options to cover costs or tax obligations. The footnote indicates the options are performance‑based and vest based on earnings-growth targets; the filing itself does not state the insider’s remaining holdings or motive.