other material
confidence high
sentiment neutral
materiality 0.10
CorVel shareholders approve extension of Employee Stock Purchase Plan to 2031
CORVEL CORP
- Plan termination date extended by 10 years to Sept 30, 2031, approved by shareholders.
- Employees can purchase shares at 95% of FMV via payroll deductions up to 20% of base salary.
- Total shares authorized under the Plan: 2,850,000.
- All six director nominees elected; auditor ratification passed with 16.3M votes for.
- Plan qualifies under IRS Section 423; purchase periods are six months.