secwatch.observer — SEC 8-K summary
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Issuer:     CORVEL CORP (CRVL)
CIK:        0000874866
Form:       8-K
Filed at:   2024-12-13T23:59:59+00:00
Accession:  0001193125-24-278617
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CorVel announces 3-for-1 forward stock split and authorized share increase
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- Board approved 3-for-1 forward stock split of common stock and increase in authorized shares from 120M to 360M.
- Record date Dec 23, 2024; amendment to charter expected Dec 24; adjusted trading expected Dec 26 subject to Nasdaq approval.
- No stockholder vote required; no change in par value or preferred stock authorization.
- CEO cites 'extraordinary growth' in stock price and desire to increase accessibility for investors.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/874866/000119312524278617/0001193125-24-278617-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/874866/000119312524278617/d889838d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-278617

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer