Form 4: CRA International CEO Paul Maleh Sells Shares Under 10b5-1 Trading Plan

CRA International's CEO, Paul Maleh, executed multiple sales of common stock on August 20, 2024, under a pre-arranged Rule 10b5-1 trading plan.

Summary

• On August 20, 2024, Paul Maleh, the President and CEO of CRA International, sold shares of the company's common stock.
• The sales were executed under a Rule 10b5-1 trading plan adopted on December 4, 2023.
• A total of 7,498 shares were sold in multiple transactions at varying prices.
• The prices ranged from $156.71 to $160.90 per share.
• Following the reported transactions, Maleh directly owns 159,212 shares of CRA International common stock.
• The sales were executed in four tranches: 1,370 shares at an average price of $157.4538, 4,113 shares at an average price of $158.2099, 1,817 shares at an average price of $159.0568, and 200 shares at an average price of $160.33.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing related to stock sales by an executive. It doesn't inherently convey positive or negative sentiment about the company's performance.

Future Outlook

The document does not contain any specific forward-looking statements regarding the company's future performance.

Industry Context

Executive stock sales are a common occurrence, and the use of Rule 10b5-1 plans allows insiders to sell shares without being accused of trading on non-public information. The market may interpret the sale based on the size and frequency of such transactions.

Stakeholder Impact

• The stock sale may have a minor impact on shareholders, potentially creating slight downward pressure on the stock price in the short term.
• The impact is likely to be minimal given the existence of the 10b5-1 trading plan.

Key Dates