Maleh Paul A 4
Research Summary
AI-generated summary
CRAI CEO Paul Maleh Receives 81.611 RSU Award
What Happened
Paul A. Maleh, President, CEO and a director of CRA International, was granted five awards of restricted stock units (RSUs) on March 20, 2026 totaling 81.611 RSUs (individual grants: 11.18; 19.621; 15.571; 19.309; 15.93). Each award was reported as acquired at $0.00 per unit (standard for compensation grants); the awards are derivative awards (contingent rights to receive shares or cash upon vesting), not open-market purchases or sales.
Key Details
- Transaction date: March 20, 2026; Form filed March 24, 2026 (timely — filing on the second business day after the grant).
- Reported acquisition price: $0.00 per RSU (award/grant).
- Total RSUs awarded: 81.611 units (sum of the five grants listed).
- Shares owned after transaction: Not specified in the provided excerpt of the filing.
- Footnotes: The filing explains that each RSU represents a contingent right to one share and that vested RSUs may be settled in cash, shares, or a combination. Dividend equivalents accrue as additional RSUs ("Dividend Units"). The awards include Dividend Units in these aggregate amounts and vest on the schedules below:
- 110.5170 Dividend Units — vest in two equal annual installments beginning April 11, 2026.
- 193.9833 Dividend Units — vest in two equal annual installments beginning April 11, 2026.
- 94.2295 Dividend Units — vest in three equal annual installments beginning April 29, 2026.
- 116.8453 Dividend Units — vest in two equal annual installments beginning April 29, 2027.
- 51.3020 Dividend Units — vest in four equal annual installments beginning May 20, 2026.
- Note: One additional footnote in the filing describes a standard four-year option vesting schedule; that footnote appears to apply to option grants generally but is not directly tied to the RSU awards listed here.
Context
These transactions are compensation awards (derivative RSUs) rather than purchases or sales. RSU grants are commonly used to retain executives and align incentives; they only convert into shares (or cash) according to the vesting schedule and subject to tax withholding. Because the filing lists acquisition price as $0.00, no immediate cash purchase occurred.