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CRA INTERNATIONAL, INC.·4

Mar 24, 6:07 PM ET

Yellin Jonathan D 4

Research Summary

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CRAI EVP Jonathan Yellin Receives RSU Awards

What Happened
Jonathan D. Yellin, EVP and General Counsel of CRA International, Inc. (CRAI), was granted five restricted stock unit (RSU) awards on March 20, 2026. The individual grants reported were for 2.271, 3.988, 3.152, 3.907 and 3.224 RSUs (total = 16.542 RSUs). Each award was recorded at $0.00 (award/grant; derivative transaction), meaning these were compensation grants rather than open-market purchases or sales.

Key Details

  • Transaction date: March 20, 2026; Form 4 filed March 24, 2026. (Form 4s are generally due within two business days of the transaction—this filing was submitted four days after the transaction date; check filing-day count vs. SEC business-day rules for timeliness.)
  • Price/Value: $0.00 per RSU at grant (code A — award/grant).
  • Shares after transaction: Not specified in the provided excerpt.
  • Footnotes / vesting highlights:
    • F1: RSUs are contingent rights to receive one share each; vested RSUs may be paid in cash, shares, or a combination; dividend equivalents accrue as additional RSUs ("Dividend Units").
    • F2–F6: The grants include Dividend Units and vest on specified schedules:
      • F2: includes 22.4489 Dividend Units; vests in two equal annual installments beginning April 11, 2026.
      • F3: includes 39.4209 Dividend Units; vests in two equal annual installments beginning April 11, 2026.
      • F4: includes 19.0723 Dividend Units; vests in three equal annual installments beginning April 29, 2026.
      • F5: includes 23.6478 Dividend Units; vests in two equal annual installments beginning April 29, 2027.
      • F6: includes 10.3841 Dividend Units; vests in four equal annual installments beginning May 20, 2026.
  • Transaction code: A = Award/Grant (derivative). No sale or purchase reported (no P or S codes).
  • No indication in the provided data of a 10b5-1 plan, immediate sale, or tax-withholding disposition (other than standard withholding language in F1 regarding delivery timing).

Context
RSU grants are typically part of compensation and do not by themselves signal insider buying or selling activity. These awards are contingent on vesting schedules and may be paid in shares or cash at vesting; dividend equivalent units accrue and vest with the underlying RSUs. Retail investors should view this as routine executive compensation unless additional insider purchases or sales are reported.