CRVL CORVEL CORP
Price Chart
Executive Summary
CEO Michael Combs sold 28,000 shares for ~$1.7M over four days, and Director Michael Jeffrey sold 9,000 shares for ~$549K after exercising options. The cluster totals $2.25M in open-market sales, representing ~0.07% of CRVL's $3.1B market cap — a trivial proportion. Director Judd's derivative exercises and tax withholdings are non-cash events with no economic signal. The selling is routine in size and likely liquidity/vesting-driven, not indicative of material negative news.
Key Financial Metrics
Actionable Insight
The selling is routine in dollar terms and likely reflects pre-planned 10b5-1 plans or post-vesting liquidity. No bearish signal — monitor next 10-Q for any fundamental deterioration, but this cluster alone does not warrant action.
Key Facts
- CEO Michael Combs sold 28,000 shares total across 4 days (June 8-11) at ~$60.22-$61.38, netting ~$1.7M
- Director Michael Jeffrey sold 9,000 shares at $60.98 on June 9, netting ~$549K, after exercising options at $14.44
- Director Jessup Judd exercised 18,000 options (two grants at $60.79 and $14.44) and surrendered 2,153 shares for tax withholding — no net open-market sale
- Total open-market sales in cluster: ~$2.25M, or ~0.07% of CRVL's $3.1B market cap
- No insider purchases in the cluster; all open-market activity is selling
Financial Impact
Total insider sales of ~$2.25M represent 0.07% of market cap — immaterial relative to company size
Risk Factors
- CEO selling 28K shares in a concentrated window could be misinterpreted by the market as negative signaling
- If future filings reveal unexpected negative news (e.g., earnings miss), the insider sales may be viewed as opportunistic in hindsight
Market Snapshot
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-CRVL-1781311146264 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
|
Jun 11, 2026
3d ago
|
Insider Cluster
| $60.77 awaiting T+1 | awaiting T+1 | — | $60.34 (−0.71%) |
|
Jun 11, 2026
3d ago
|
Insider Cluster
| $60.77 awaiting T+1 | awaiting T+1 | — | $60.34 (−0.71%) |
|
Jun 10, 2026
4d ago
|
Insider Cluster
| $61.05 awaiting T+1 | awaiting T+1 | — | $60.34 (−1.16%) |
|
Jun 2, 2026
12d ago
|
Press Release
| $57.61 $57.27 | ▼ −0.59% | ▲ +0.13% | $60.34 (+4.74%) |
|
Jun 1, 2026
13d ago
|
8-K
| $57.61 $57.27 | ▼ −0.59% | ▲ +0.13% | $60.34 (+4.74%) |
|
Jun 1, 2026
13d ago
|
Press Release
| $57.61 $57.27 | ▼ −0.59% | ▲ +0.13% | $60.34 (+4.74%) |
|
May 20, 2026
25d ago
|
Press Release
| $64.26 $61.54 | ▼ −4.23% | ▼ −4.43% | $60.34 (−6.10%) |
|
Apr 20, 2026
8w ago
|
Court Ruling
| $54.72 $56.41 | ▲ +3.09% | ▲ +3.74% | $60.34 (+10.27%) |
|
Mar 9, 2026
14w ago
|
Insider Cluster
| $53.60 $51.62 | ▼ −3.69% | ▼ −3.51% | $60.34 (+12.57%) |
|
Feb 28, 2026
15w ago
|
Institutional Cluster
| $52.42 $52.23 | ▼ −0.36% | ▲ +0.55% | $60.34 (+15.11%) |
US Market Status
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