Yellin Jonathan D 4
4 · CRA INTERNATIONAL, INC. · Filed Apr 14, 2026
Research Summary
AI-generated summary of this filing
CRAI EVP Jonathan Yellin Converts RSUs; Shares Withheld for Taxes
What Happened
- Jonathan D. Yellin, EVP & General Counsel of CRA International (CRAI), had vested equity awards converted into common shares on April 11, 2026. The Form 4 reports exercise/conversion entries for 316.206 and 555.690 shares (totaling 871.896 shares).
- Portions of those shares were surrendered/withheld to cover tax withholding and issuer disposition: two dispositions to the issuer of 11.206 shares ($1,836) and 19.690 shares ($3,225), and tax-withholding/share-surrender entries of 90 shares ($14,742) and 158 shares ($25,880). Combined cash value of the surrendered/withheld shares = $45,683. Net shares delivered to Yellin after withholdings were roughly 593 shares (871.896 gross − 278.896 surrendered).
Key Details
- Transaction date: April 11, 2026; Form 4 filed April 14, 2026.
- Prices used for withholding/disposition calculations: $163.80 per share.
- Reported entries and codes: M = exercise/conversion of derivative (RSU conversion); D = disposition to issuer; F = payment of tax liability (share withholding).
- Shares surrendered/withheld: 11.206 (D, $1,836), 19.690 (D, $3,225), 90 (F, $14,742), 158 (F, $25,880).
- Ownership after transaction: not specified in the provided filing excerpt.
- Notable footnotes: RSUs convert to one share each upon vesting; vested RSUs may be paid in cash, shares, or a combination; dividend-equivalent units accrue and vest per the footnotes (see F1–F7 for vesting schedules).
Context
- These entries reflect routine conversion/settlement of restricted stock units (RSUs) with shares withheld to satisfy tax obligations — effectively a cashless settlement, not an open‑market sale or discretionary buy. Such transactions are compensation-related and generally do not imply a buy/sell investment signal by the insider.
- The filing lists multiple RSU grants and vesting schedules (per footnotes). No 10% owner/plan trading or 10b5-1 plan is indicated in the provided data.
Insider Transaction Report
Form 4
Yellin Jonathan D
EVP AND GENERAL COUNSEL
Transactions
- Exercise/Conversion
Common Stock
[F1]2026-04-11+316.206→ 15,018.206 total - Disposition to Issuer
Common Stock
2026-04-11$163.80/sh−11.206$1,836→ 15,007 total - Tax Payment
Common Stock
2026-04-11$163.80/sh−90$14,742→ 14,917 total - Exercise/Conversion
Common Stock
[F1]2026-04-11+555.69→ 15,472.69 total - Disposition to Issuer
Common Stock
2026-04-11$163.80/sh−19.69$3,225→ 15,453 total - Tax Payment
Common Stock
2026-04-11$163.80/sh−158$25,880→ 15,295 total - Exercise/Conversion
Restricted Stock Units
[F1][F2]2026-04-11−316.206→ 317.243 total→ Common Stock (633.449 underlying) - Exercise/Conversion
Restricted Stock Units
[F1][F3]2026-04-11−555.69→ 556.731 total→ Common Stock (1,112.421 underlying)
Holdings
- 879.072
Restricted Stock Units
[F1][F4]→ Common Stock (879.072 underlying) - 899.384
Restricted Stock Units
[F1][F5]→ Common Stock (899.384 underlying) - 1,089.648
Restricted Stock Units
[F1][F6]→ Common Stock (1,089.648 underlying) - 1,396
Restricted Stock Units
[F1][F7]→ Common Stock (1,396 underlying) - 2,377
Nonqualified Stock Option (right to buy)
[F8]Exercise: $44.87From: 2017-12-18Exp: 2027-12-18→ Common Stock (2,377 underlying) - 2,845
Nonqualified Stock Option (right to buy)
[F8]Exercise: $47.45From: 2018-12-06Exp: 2028-12-06→ Common Stock (2,845 underlying)
Footnotes (8)
- [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 11.2429 Dividend Units, vest on April 11, 2027.
- [F3]The RSUs, which include an aggregate of 19.7307 Dividend Units, vest on April 11, 2027.
- [F4]The RSUs, which include an aggregate of 19.0723 Dividend Units, vest in three equal annual installments beginning on April 29, 2026.
- [F5]The RSUs, which include an aggregate of 10.3841 Dividend Units, vest in four equal annual installments beginning on May 20, 2026.
- [F6]The RSUs, which include an aggregate of 23.6478 Dividend Units, vest in two equal annual installments beginning on April 29, 2027.
- [F7]The RSUs vest in four equal annual installments beginning on April 9, 2027.
- [F8]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|2026-04-14