V Gordon Clemons, CorVel Corp.'s Chairman of the Board and a director of the company, recently disposed of 9,511 shares of the company. The disposals took place at $40.00 per share, on dates ranging from March 07 to March 09, 2016. Clemons still owns 1,895,759 shares of the company. Clemons operates out of Irvine, CA. Some additional info was provided as follows:
The form of ownership of CorVel stock held by the reporting person changed from Direct to Indirect when the shares were transferrred without consideration on December 20, 2012 to Clemons Management LLC. The reporting person and his spouse own Clemons Management LLC and therefore have investment and voting control over the shares of CorVel stock held by Clemons Management LLC.
The above information was disclosed in a filing to the SEC. To see the filing, click here.
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