CRA INTERNATIONAL, INC.·4

Mar 12, 5:36 PM ET

Yellin Jonathan D 4

4 · CRA INTERNATIONAL, INC. · Filed Mar 12, 2026

Research Summary

AI-generated summary of this filing

Updated

CRAI EVP Jonathan Yellin Receives 656 Net Shares from RSU Vesting

What Happened

  • Jonathan D. Yellin, EVP and General Counsel of CRA International, had RSUs vest on March 10, 2026. The filing shows conversion/exercise of 398.984 and 573.871 RSU-derived shares (total 972.855 shares).
  • Of those, 316.855 shares were surrendered/withheld to cover taxes and related items (17.984 + 25.871 shares shown as dispositions to the issuer and 112 + 161 shares shown for tax withholding) at $171.75 per share, totaling $54,420 in value. After withholding, Yellin received 656 net shares.
  • This was an award/vesting event (not an open-market buy or sell); withholding of shares to cover taxes is routine.

Key Details

  • Transaction date: March 10, 2026. Form filed March 12, 2026 (timely).
  • Price used for withholding/disposition: $171.75 per share. Cash value of withheld/disposed shares: $54,420 (breakdown: $3,089 + $4,443 + $19,236 + $27,652).
  • Gross shares vesting: 972.855; shares withheld/disposed: 316.855; net shares delivered to insider: 656.
  • Footnotes: RSUs represent contingent rights to one share each; dividend equivalent units accrue and some RSU tranches vest later (see F1–F9). Footnotes F2 and F3 confirm the RSU tranches that vested on March 10, 2026.
  • Transaction codes: M = exercise/conversion of derivative (RSU conversion), D = disposition to issuer, F = shares withheld to pay tax liability.
  • Shares owned after the transaction (total beneficial holdings) are not disclosed in the excerpt; net change from this event = +656 shares.

Context

  • This was a standard RSU vesting with shares withheld to satisfy tax withholding obligations (a common “sell-to-cover”/surrender practice), not an open-market sale or purchase that signals a trading decision.
  • For retail investors, note that award vesting increases insider exposure to the stock unless all vested shares are immediately sold; here Yellin retained 656 shares after withholding.

Insider Transaction Report

Form 4
Period: 2026-03-10
Yellin Jonathan D
EVP AND GENERAL COUNSEL
Transactions
  • Exercise/Conversion

    Common Stock

    [F1]
    2026-03-10+398.98414,444.984 total
  • Disposition to Issuer

    Common Stock

    2026-03-10$171.75/sh17.984$3,08914,427 total
  • Tax Payment

    Common Stock

    2026-03-10$171.75/sh112$19,23614,315 total
  • Exercise/Conversion

    Common Stock

    [F1]
    2026-03-10+573.87114,888.871 total
  • Disposition to Issuer

    Common Stock

    2026-03-10$171.75/sh25.871$4,44314,863 total
  • Tax Payment

    Common Stock

    2026-03-10$171.75/sh161$27,65214,702 total
  • Exercise/Conversion

    Restricted Stock Units

    [F1][F2]
    2026-03-10398.9840 total
    Common Stock (398.984 underlying)
  • Exercise/Conversion

    Restricted Stock Units

    [F1][F3]
    2026-03-10573.8710 total
    Common Stock (573.871 underlying)
Holdings
  • Restricted Stock Units

    [F1][F4]
    Common Stock (631.178 underlying)
    631.178
  • Restricted Stock Units

    [F1][F5]
    Common Stock (1,108.433 underlying)
    1,108.433
  • Restricted Stock Units

    [F1][F6]
    Common Stock (875.921 underlying)
    875.921
  • Restricted Stock Units

    [F1][F7]
    Common Stock (896.16 underlying)
    896.16
  • Restricted Stock Units

    [F1][F8]
    Common Stock (1,085.741 underlying)
    1,085.741
  • Nonqualified Stock Option (right to buy)

    [F9]
    Exercise: $44.87From: 2017-12-18Exp: 2027-12-18Common Stock (2,377 underlying)
    2,377
  • Nonqualified Stock Option (right to buy)

    [F9]
    Exercise: $47.45From: 2018-12-06Exp: 2028-12-06Common Stock (2,845 underlying)
    2,845
Footnotes (9)
  • [F1]Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock; vested RSUs are payable in the form of cash, shares of the Issuer's common stock or a combination thereof, except as otherwise indicated below. To the extent vested RSUs are paid in shares of the Issuer's common stock, such shares will be delivered to the reporting person as soon as possible after vesting, but in no event later than two and one-half months after the end of the year in which vesting occurs, subject to the collection of withholding taxes. Dividend equivalent rights accrue with respect to unvested RSUs in the form of additional RSUs ("Dividend Units") when and as dividends are paid on the Issuer's common stock, and Dividend Units vest on the same dates and in the same relative proportions as the RSUs on which they accrue.
  • [F2]The RSUs, which include an aggregate of 17.9839 Dividend Units, vested on March 10, 2026.
  • [F3]The RSUs, which include an aggregate of 25.8705 Dividend Units, vested on March 10, 2026.
  • [F4]The RSUs, which include an aggregate of 20.1779 Dividend Units, vest in two equal annual installments beginning on April 11, 2026.
  • [F5]The RSUs, which include an aggregate of 35.4327 Dividend Units, vest in two equal annual installments beginning on April 11, 2026.
  • [F6]The RSUs, which include an aggregate of 15.9206 Dividend Units, vest in three equal annual installments beginning on April 29, 2026.
  • [F7]The RSUs, which include an aggregate of 7.1597 Dividend Units, vest in four equal annual installments beginning on May 20, 2026.
  • [F8]The RSUs, which include an aggregate of 19.7412 Dividend Units, vest in two equal annual installments beginning on April 29, 2027.
  • [F9]Date indicated is date of grant. Option vests in four equal annual installments beginning on the first anniversary of the date of grant.
Signature
Delia J. Makhlouta, by power of attorney|2026-03-12

Documents

1 file
  • 4
    form4-03122026_090335.xmlPrimary