Nierenberg Eric 4

What Happened

• Eric Nierenberg, EVP, Chief Financial Officer and Treasurer of CRA International, Inc. (CRAI), received a grant of 911 restricted stock units (RSUs) on April 9, 2026. The filing reports an acquisition price of $0.00, indicating these are compensation awards (derivative securities), not an open-market purchase.

Key Details

• Transaction date: April 9, 2026; filing date: April 13, 2026 (Form 4 accession 0002074844-26-000006).
• Grant: 911 RSUs; reported price $0.00 (award/derivative).
• Shares owned after transaction: not disclosed in the provided excerpt.
• Footnotes of note:
  • F1: Each RSU is a contingent right to one common share; vested RSUs may be settled in cash, shares, or a combination. Dividend equivalents accrue as additional RSUs ("Dividend Units").
  • F2: One RSU tranche vests in four equal annual installments beginning April 9, 2027.
  • F3: Another RSU component (including 6.5654 Dividend Units) vests in four equal annual installments beginning August 4, 2026.
• No late-filing flag was indicated in the excerpt provided; check the full Form 4 for any timeliness notation.

Context

• RSU grants are a form of executive compensation and are different from purchases or sales; they vest over time and therefore do not immediately increase free-tradable shares unless settled. Such awards are routine for employee retention/compensation and should not be interpreted solely as a buy/sell signal.