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Corvel chairman Gordon Clemons sells shares worth $2.9 million

Published 04/12/2024, 11:06 am
CRVL
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Gordon Clemons, Chairman of the Board at CorVel Corp (NASDAQ:CRVL), a $6.1 billion market cap company, recently sold a significant amount of the company's stock. According to a recent SEC filing, Clemons disposed of 8,000 shares in two separate transactions. The company's stock has shown remarkable strength, gaining nearly 63% over the past year. The sales took place on November 29 and December 2, with share prices ranging from $365.0511 to $367.5. The total value of these transactions amounted to approximately $2.9 million.

Following these sales, Clemons now holds 241,584 shares indirectly through the Marie Eve Clemons Living Trust, as he disclaims beneficial ownership of these securities. Additionally, he retains direct ownership of 834,492 shares. These transactions are part of his ongoing management of his holdings in the company.

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