A notable acquisition unfolded on May 21, as O'Brien, Chief Financial Officer at CorVel (NASDAQ:CRVL), reported the acquisition of stock options for 250 shares in an SEC filing.
What Happened: Revealed in a Form 4 filing on Tuesday with the U.S. Securities and Exchange Commission, O'Brien, Chief Financial Officer at CorVel, strategically acquired stock options for 250 shares of CRVL. These options empower O'Brien to buy the company's stock at a favorable exercise price of $270.25 per share.
The Wednesday morning market activity shows CorVel shares down by 0.0%, trading at $276.5. This implies a total value of $1,562 for O'Brien's 250 shares.
Get to Know CorVel Better
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 Financial Performance
Revenue Growth: CorVel's remarkable performance in 3 months is evident. As of 31 ...