Yellin Jonathan D 4
Research Summary
AI-generated summary
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.