CORSTAR HOLDINGS INC - 04 Apr 2023 Form 4 Insider Report for CORVEL CORP (CRVL)

Role
10%+ Owner
Signature
By: Jeffrey Michael For: Corstar Holdings, Inc.
Issuer symbol
CRVL
Transactions as of
04 Apr 2023
Net transactions value
-$1,925,000
Form type
4
Filing time
06 Apr 2023, 19:35:19 UTC
Previous filing
22 Mar 2023
Next filing
10 Jul 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CRVL Common Stock Sale $1,925,000 -10,000 -0.16% $192.50 6,344,036 04 Apr 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.