Yellin Jonathan D 4

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.)