CorVel (CRVL) Director Joanna Burkey Receives 1,500-Share Award

What Happened
Joanna M. Burkey, a director of CorVel Corp (CRVL), was granted 1,500 derivative shares (reported as an acquisition, code A) on 2026-08-06. The award shows an acquisition price of $0.00 (no cash paid) and a reported total value of $0 on the Form 4, consistent with a compensatory stock award such as restricted stock or RSUs rather than an open-market purchase.

Key Details

• Transaction date: 2026-08-06; Filing date: 2026-08-10 (filed within the typical 2-business-day window).
• Amount: 1,500 derivative shares; Price reported: $0.00 (award/grant).
• Vesting: Exercisable in 4 equal and successive annual installments commencing 12 months after the grant (per footnote).
• Shares owned after transaction: Not specified in this filing.
• Transaction type: Award/Grant (compensation), not an open-market purchase or sale.

Context
This was a compensatory award to a director and not a purchase or sale on the market, so it primarily reflects equity-based compensation rather than a direct trading signal. The award vests over four years beginning one year after grant, meaning the shares are not immediately fully exercisable or likely tradable.