CRVL - Major Decision: Brandon O'Brien Exercises Options Realizing $672K At CorVel | Benzinga
A substantial insider activity was disclosed on February 22, as O'Brien, Chief Financial Officer at CorVel (NASDAQ:CRVL), reported the exercise of a large sell of company stock options.
What Happened: A notable Form 4 filing on Thursday with the U.S. Securities and Exchange Commission revealed that O'Brien, Chief Financial Officer at CorVel, exercised stock options for 4,013 shares of CRVL, resulting in a transaction value of $672,159.
The latest update on Friday morning shows CorVel shares down by 0.0%, trading at $251.02. At this price, O'Brien's 4,013 shares are worth $672,159.
Delving into CorVel's Background
CorVel Corp applies technology including artificial intelligence, machine learning and natural language processing to enhance the managing of episodes of care and the related health care costs. It partners with employers, third-party administrators, insurance companies and government agencies in managing worker's compensation and health, auto and liability services. The company's solutions combine integrated technologies with a human touch. CorVel's customized services, delivered locally, are backed by a national team to support clients as well as their customers and patients.
CorVel's Economic Impact: An Analysis
Revenue Growth: CorVel's remarkable performance in 3 months is evident. As of 31 December, 2023, the company achieved an impressive revenue growth rate of 12.78%. This signifies ...