Brandon O'Brien, Chief Financial Officer at CorVel (NASDAQ:CRVL), reported a large acquisition of company stock options on November 6, according to a new SEC filing.
What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Monday showed that O'Brien, Chief Financial Officer at CorVel, a company in the Health Care sector, was just awarded stock options worth 1,750 shares of CRVL. The options give O'Brien the right to buy the company's stock at $200.55 per share.
CorVel shares are trading down 0.94% at $197.77 at the time of this writing on Monday morning. Since the current price is $197.77, this makes O'Brien's 1,750 shares worth $346,097.