Maleh Paul A 4

What Happened

• Paul A. Maleh, President & CEO and a director of CRA International (CRAI), sold a total of 7,500 shares in open-market transactions on March 17, 2026, generating approximately $1,166,265 in proceeds. The sales were executed in seven lots with reported weighted-average prices of $152.66, $153.91, $155.00, $156.33, $157.66, $158.36 and $159.15 per share. These are sales (not purchases), which are often routine disposals rather than an explicit bullish signal.

Key Details

• Transaction date: March 17, 2026 (reported on Form 4 filed March 19, 2026).
• Lots sold (shares @ weighted-average price = proceeds):
  • 1,012 @ $152.66 = $154,491 (range reported $152.31–$153.20)
  • 1,484 @ $153.91 = $228,404 (range reported $153.48–$154.3975)
  • 1,704 @ $155.00 = $264,118 (range reported $154.505–$155.39)
  • 1,575 @ $156.33 = $246,214 (range reported $155.84–$156.665)
  • 275 @ $157.66 = $43,356 (range reported $156.87–$157.775)
  • 1,375 @ $158.36 = $217,746 (range reported $157.86–$158.76)
  • 75 @ $159.15 = $11,936
• Total shares sold: 7,500; total proceeds: ~$1,166,265.
• Footnotes: The filing notes weighted-average prices and gives price ranges per lot; it also states these transactions were effected pursuant to a Rule 10b5‑1 trading plan adopted by the reporting person on December 10, 2024.
• Shares owned after the transaction: not stated in the information provided.
• Filing timeliness: no late‑filing flag indicated in the provided filing.

Context

• Sales under a prearranged Rule 10b5‑1 plan are typically scheduled in advance and can be for diversification or liquidity reasons; they do not necessarily reflect the insider’s real‑time view of the company. For retail investors, purchases by insiders generally carry more weight as a positive signal than routine sales.