Corstar Holdings Inc - Mar 20, 2023 Form 4 Insider Report for CORVEL CORP (CRVL)

Role
10%+ Owner
Signature
By: Jeffrey Michael For: Corstar Holdings, Inc.
Stock symbol
CRVL
Transactions as of
Mar 20, 2023
Transactions value $
-$3,790,000
Form type
4
Date filed
3/22/2023, 06:24 PM
Previous filing
Mar 21, 2023
Next filing
Apr 6, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CRVL Common Stock Sale -$1.89M -10K -0.16% $188.50 6.36M Mar 20, 2023 Direct F1
transaction CRVL Common Stock Sale -$1.91M -10K -0.16% $190.50 6.35M Mar 21, 2023 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Sales reported above were made pursuant to a Rule 10b5-1 trading plan adopted on February 10, 2023.