CRA INTERNATIONAL, INC.·4

Mar 24, 6:04 PM ET

Holmes Chad M 4

Research Summary

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CRAI EVP Chad Holmes Receives RSU Awards

What Happened
Chad M. Holmes, EVP and Chief Corporate Development Officer of CRA International, Inc. (CRAI), was granted five restricted stock unit (RSU) awards on March 20, 2026 totaling 16.905 RSUs. Each grant was issued at $0.00 (typical for RSU awards); no cash was paid by the insider. These are derivative awards that represent a contingent right to receive shares (or cash/share mix) upon vesting.

Key Details

  • Transaction date reported: 2026-03-20; Form 4 filed: 2026-03-24.
  • Grants: five RSU awards of 2.62, 4.601, 2.969, 3.679 and 3.036 RSUs (total 16.905 RSUs). Price per unit reported: $0.00 (derivative grant).
  • Post-transaction holdings: not specified in the provided filing summary.
  • Vesting and dividend rights: the RSUs include dividend-equivalent units and vest on schedules described in the footnotes (see next section). Vested RSUs may be paid in cash, shares, or a combination, and share delivery (if paid in stock) occurs no later than 2.5 months after the end of the year in which vesting occurs, subject to tax withholding.
  • Footnotes of note: F1 explains RSU mechanics and dividend units; F2–F6 specify varying vesting schedules (2–4 year installment schedules beginning April–May 2026/2027).
  • Transaction type code on the Form 4: "A" (award/grant/other acquisition). No indication in the provided data that the filing was late.

Context
RSUs are compensation awards (not open-market purchases or sales). They are a common form of executive pay and do not by themselves indicate the insider is buying or selling stock; value is realized only as units vest and are settled. The grants include dividend-equivalent units that vest on the same schedule as the underlying RSUs.