Yellin Jonathan D 4
4 · CRA INTERNATIONAL, INC. · Filed May 22, 2026
Research Summary
AI-generated summary of this filing
CRAI EVP Jonathan Yellin Exercises RSUs, Withholds 68.6 Shares
What Happened
Jonathan D. Yellin, EVP and General Counsel of CRA International (CRAI), converted/exercised 224.593 derivative units (RSUs/options) into common stock on May 20, 2026. To satisfy withholding and issuer payment obligations, 66.000 shares were surrendered for tax withholding at $148.01 per share ($9,769) and 2.593 shares were delivered to the issuer for $148.01 per share ($384). After those withholdings/payments, Yellin received a net 156.000 shares.
Key Details
- Transaction date: May 20, 2026; Form filed May 22, 2026 (timely filing).
- Primary codes: M = exercise/conversion of derivative; F = payment of exercise price or tax liability; D = disposition to the issuer.
- Shares/items: 224.593 shares converted; 66.000 shares withheld for taxes ($9,769); 2.593 shares delivered to the issuer ($384); net retained = 156.000 shares. Total cash value of shares withheld/paid ≈ $10,153.
- Price used for withholding/payment: $148.01 per share.
- Footnotes: Filing indicates these awards are RSUs (restricted stock units) that convert to shares and may include dividend-equivalent units; several footnotes describe vesting schedules (vest dates in 2027 and beyond).
- Shares owned after the transaction: not specified in the provided filing excerpt.
Context
This was a conversion/settlement of equity awards with shares withheld to cover taxes and issuer payments — a routine administrative step (often called net settlement or tax withholding) rather than an open-market sale. For retail investors, such withholdings are common and do not by themselves indicate the insider’s view of the company. (Transaction codes: M = exercised/converted derivative; F = tax/withholding; D = transfer to issuer.)
Insider Transaction Report
- Exercise/Conversion
Common Stock
[F1]2026-05-20+224.593→ 13,471.593 total - Disposition to Issuer
Common Stock
2026-05-20$148.01/sh−2.593$384→ 13,469 total - Tax Payment
Common Stock
2026-05-20$148.01/sh−66$9,769→ 13,403 total - Exercise/Conversion
Restricted Stock Units
[F1][F2]2026-05-20−224.593→ 674.791 total→ Common Stock (899.384 underlying)
- 1,396
Restricted Stock Units
[F1][F3]→ Common Stock (1,396 underlying) - 317.243
Restricted Stock Units
[F1][F4]→ Common Stock (317.243 underlying) - 556.731
Restricted Stock Units
[F1][F5]→ Common Stock (556.731 underlying) - 585.707
Restricted Stock Units
[F1][F6]→ Common Stock (585.707 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 7.7910 Dividend Units, vest in three equal annual installments beginning on May 20, 2027.
- [F3]The RSUs vest in four equal annual installments beginning on April 9, 2027.
- [F4]The RSUs, which include an aggregate of 11.2429 Dividend Units, vest on April 11, 2027.
- [F5]The RSUs, which include an aggregate of 19.7307 Dividend Units, vest on April 11, 2027.
- [F6]The RSUs, which include an aggregate of 12.7074 Dividend Units, vest in two equal annual installments beginning on April 29, 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.