Director Joanna M. Burkey filed a Form 4 with the SEC on August 10, 2026, reporting the acquisition of a non-qualified stock option on CorVel Corp common stock dated August 6, 2026.

Key Highlights

  • Reporting person: Joanna M. Burkey, identified as a Director of CorVel Corp (NASDAQ: CRVL).
  • Option grant: 1,500 non-qualified stock options (right to buy) were acquired on August 6, 2026, at an exercise price of $62.45.
  • Expiration date: The options expire on August 6, 2036.
  • Vesting schedule: Options are exercisable in four equal and successive annual installments commencing 12 months following the date of grant.
  • Price paid: The price of the derivative security at acquisition was reported as $0.0.
  • Post-transaction holdings: Burkey beneficially owns 1,500 derivative securities following the reported transaction, held directly.

CorVel Corp Director Joanna Burkey Acquires 1,500 Stock Options

According to the Form 4 filed on August 10, 2026, Joanna M. Burkey, a Director of CorVel Corp, acquired 1,500 non-qualified stock options granting the right to buy CorVel common stock. The transaction date was August 6, 2026, and the transaction was coded "A," indicating an acquisition. The exercise price of the options is $62.45 per share, and the options are set to expire on August 6, 2036.

The filing discloses that the options are exercisable in a series of four equal and successive annual installments, commencing 12 months following the date of grant. The price of the derivative security at the time of the transaction was reported as $0.0. The underlying security is CorVel Corp common stock, with 1,500 shares underlying the option grant.

Following the reported transaction, Burkey beneficially owns 1,500 derivative securities directly, with no indirect ownership reported. No non-derivative securities transactions were reported in Table I of the filing. The Form 4 was signed by Sharon O'Connor on behalf of Joanna Burkey on August 10, 2026.

What Was Disclosed

The filing reports a single derivative security acquisition by CorVel Corp Director Joanna M. Burkey: 1,500 non-qualified stock options at an exercise price of $62.45, expiring August 6, 2036, vesting in four equal annual installments beginning one year after the grant date.