CRAI CEO Paul Maleh Receives Restricted Stock Awards

What Happened

• Paul A. Maleh, President, CEO and a director of CRA International, Inc. (CRAI), was granted multiple restricted stock units (RSUs) on 2026-09-14. The filings show six derivative awards totaling 78.287 RSUs (all granted at $0.00 per share, total cash cost to Maleh $0). These are awards (not open-market purchases or exercises) and represent contingent rights to receive shares (or cash) in future as they vest.

Key Details

• Transaction date: 2026-09-14; Form 4 filed 2026-09-16 (timely).
• Awards: six RSU grants totaling 78.287 RSUs; reported acquisition price $0.00 (derivative award).
• Vesting: footnotes indicate varied schedules — some RSUs vest April 11, 2027; others vest in two equal annual installments beginning April 29, 2027; one vests in three equal annual installments beginning May 20, 2027; one vests in four equal annual installments beginning April 9, 2027. Overall vesting occurs between 2027 and 2030.
• Dividend equivalents: the grants include dividend-equivalent units (listed in the filing as amounts such as 66.5402, 116.8150, 83.7790, 155.8135, 62.5881 and 49.2000 Dividend Units tied to the respective RSUs).
• Shares owned after the transaction are not provided in the summary data supplied.

Context

• RSUs are compensation awards that convert to shares (or cash) upon vesting; they do not represent an immediate cash purchase or sale and are commonly used to retain executives. Dividend-equivalent units accrue while RSUs are unvested and vest alongside the underlying awards.
• Because these are grants (code A on Form 4), they are routine executive compensation rather than a direct market signal like an insider buy or sell.