Combs Michael G 4

What Happened
Michael G. Combs, CEO and President of CorVel Corporation (CRVL), was granted a derivative award covering 6,000 shares on 2026-03-04. The Form 4 shows an acquisition price of $0.00 (total cash paid $0). This is a compensation-related grant (award), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-03-04; Form 4 filed 2026-03-06 (appears timely).
• Transaction type/code: A = Award/Grant (derivative). Acquisition price reported: $0.00 for 6,000 shares.
• Shares owned after transaction: Not provided in the information supplied.
• Footnote: The award is exercisable 25% one year after the grant date, with the remaining shares exercisable in 36 equal monthly installments thereafter.
• No indication in this filing of a sale, tax withholding, or a 10% owner status.

Context
This was a company compensation grant rather than a market purchase or sale. The footnote indicates the award is subject to an exercisable/vesting schedule, so the shares/options are not fully exercisable immediately. Such grants are routine for executives and reflect compensation arrangements rather than an immediate market sentiment signal.