Langan Brian 4
4 · CRA INTERNATIONAL, INC. · Filed Apr 13, 2026
Research Summary
AI-generated summary of this filing
CRAI EVP Brian Langan Receives 911 RSU Award
What Happened
Brian Langan, Executive Vice President and Chief Strategy and Business Transformation Officer of CRA International (CRAI), was granted 911 restricted stock units (RSUs) on April 9, 2026. The Form 4 reports the award as a derivative acquisition at $0.00 (i.e., an RSU grant rather than an open‑market purchase). RSUs convert to shares (or cash) only as they vest, so the grant has future value depending on vesting and the company’s share price at vesting.
Key Details
- Transaction date: 2026-04-09 (Form filed 2026-04-13).
- Transaction type/code: Award/Grant (A); reported as derivative RSUs acquired at $0.00.
- Number granted: 911 RSUs. Report shows no immediate cash value; value realized only if/when RSUs vest and are settled.
- Vesting notes from filing:
- F1: Each RSU is a contingent right to one share; vested RSUs are payable in cash, shares, or a combination; dividend equivalents accrue as additional RSUs and vest on the same schedule. Withholding taxes apply on settlement.
- F2: A portion vests in four equal annual installments beginning April 9, 2027.
- F3: Another portion (including an aggregate 6.5654 Dividend Units) vests in four equal annual installments beginning August 4, 2026.
- Shares owned after the transaction: not specified in the provided filing summary.
- Timeliness: filing date is Apr 13 for an Apr 9 transaction (check the SEC filing for any timeliness flag).
Context
RSU grants are a form of compensation and do not reflect a market purchase or sale by the insider; they become valuable only as they vest and are settled. Dividend equivalent units, when included, increase the eventual share/payment tied to dividends paid before vesting. For retail investors, awards like this are routine for executives and should be viewed primarily as compensation alignment rather than a direct bullish or bearish signal.
Insider Transaction Report
- Award
Restricted Stock Units
[F1][F2]2026-04-09+911→ 911 total→ Common Stock (911 underlying)
- 740.565
Restricted Stock Units
[F1][F3]→ Common Stock (740.565 underlying)
Footnotes (3)
- [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 vest in four equal annual installments beginning on April 9, 2027.
- [F3]The RSUs, which include an aggregate of 6.5654 Dividend Units, vest in four equal annual installments beginning on August 4, 2026.