Yellin Jonathan D 4
4 · CRA INTERNATIONAL, INC. · Filed May 1, 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 and General Counsel of CRA International (CRAI), had 293.365 restricted stock units (RSUs) convert into common shares on April 29, 2026. Of those shares, 85 were withheld to cover tax withholding and 6.365 were surrendered to the issuer, leaving a net 202.0 shares delivered to him.
- The withheld/surrendered shares were reported as dispositions: 85 shares withheld for taxes at $154.55 per share (value $13,137) and 6.365 shares disposed to the issuer at $154.55 per share (value $984). Total value associated with withheld/surrendered shares = $14,121.
Key Details
- Transaction date: April 29, 2026; Form 4 filed May 1, 2026 (filed timely).
- Reported actions/codes: M = conversion/exercise of derivative (RSU conversion); F = tax withholding/payment of tax liability; D = disposition to issuer.
- Shares converted: 293.365 RSUs converted to common stock; withheld/surrendered = 91.365 shares; net delivered = 202.0 shares.
- Prices shown for withholding/disposition: $154.55 per share (used to calculate withholding value).
- Footnotes: RSUs include dividend-equivalent units and have staged vesting schedules (see filing footnotes describing vesting and dividend units).
- Shares owned after transaction: not reported on this filing.
Context
- This was a conversion/settlement of RSUs rather than an open-market sale or a new purchase. The withholding and surrender of shares to cover taxes is a routine administrative step and does not necessarily indicate a view on the company’s prospects.
- For retail investors, purchases or open-market sales by insiders can be more informative about sentiment; here the primary event is vesting/conversion with standard tax-related share withholding.
Insider Transaction Report
Form 4
Yellin Jonathan D
EVP AND GENERAL COUNSEL
Transactions
- Exercise/Conversion
Common Stock
[F1]2026-04-29+293.365→ 15,588.365 total - Disposition to Issuer
Common Stock
2026-04-29$154.55/sh−6.365$984→ 15,582 total - Tax Payment
Common Stock
2026-04-29$154.55/sh−85$13,137→ 15,497 total - Exercise/Conversion
Restricted Stock Units
[F1][F2]2026-04-29−293.365→ 585.707 total→ Common Stock (879.072 underlying)
Holdings
- 899.384
Restricted Stock Units
[F1][F3]→ Common Stock (899.384 underlying) - 1,396
Restricted Stock Units
[F1][F4]→ Common Stock (1,396 underlying) - 317.243
Restricted Stock Units
[F1][F5]→ Common Stock (317.243 underlying) - 556.731
Restricted Stock Units
[F1][F6]→ Common Stock (556.731 underlying) - 1,089.648
Restricted Stock Units
[F1][F7]→ Common Stock (1,089.648 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 12.7074 Dividend Units, vest in two equal annual installments beginning on April 29, 2027.
- [F3]The RSUs, which include an aggregate of 10.3841 Dividend Units, vest in four equal annual installments beginning on May 20, 2026.
- [F4]The RSUs vest in four equal annual installments beginning on April 9, 2027.
- [F5]The RSUs, which include an aggregate of 11.2429 Dividend Units, vest on April 11, 2027.
- [F6]The RSUs, which include an aggregate of 19.7307 Dividend Units, vest on April 11, 2027.
- [F7]The RSUs, which include an aggregate of 23.6478 Dividend Units, vest in two equal annual installments beginning on April 29, 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|2026-05-01