Bertels Mark E. 4
Research Summary
AI-generated summary
CorVel (CRVL) EVP Mark Bertels Receives 12-Share Award
What Happened
Mark E. Bertels, Executive Vice President — Risk Management Services at CorVel Corp (CRVL), acquired 12 shares on March 31, 2026. The shares were acquired at $51.92 each for a total cost of approximately $623. This was an acquisition under the issuer's employee plan (an award/purchase), a routine purchase rather than a sale.
Key Details
- Transaction date and price: 2026-03-31 — 12 shares at $51.92 per share (total ≈ $623).
- Transaction type: Award/Acquisition under the company's Employee Stock Purchase Plan (coded "A" on the Form 4).
- Shares owned after transaction: Not disclosed in the filing.
- Filing date / timeliness: Form filed 2026-04-02 — within the standard two-business-day reporting window (timely).
- Footnote: F1 — shares were acquired under the issuer's Employee Stock Purchase Plan in a transaction exempt under SEC Rule 16b-3(c).
Context
Employee Stock Purchase Plan purchases are common, payroll-driven transactions for employees and officers and are typically routine rather than a direct trading signal. The dollar value here is small (~$623), so this filing is more informational than indicative of a large insider position change.