Form 4: CRA International Director Holthausen Reports Departure, Files Form 4
SEC Filing
Robert W. Holthausen, a director at CRA International, filed a Form 4 indicating his retirement from the board effective July 18, 2024.
Summary
- Robert W. Holthausen, a director at CRA International, filed a Form 4 with the SEC.
- The filing indicates that Holthausen retired from the Issuer's board of directors effective July 18, 2024.
- As a result of his retirement, Holthausen is no longer subject to the filing requirements under Section 16 of the Securities Exchange Act of 1934.
- The filing shows a disposition of 10,755 shares of Common Stock.
Sentiment
Score: 5
Explanation: This is a neutral event. A director retired, which is a normal course of business.
Industry Context
Director departures are a normal part of corporate governance. The filing of a Form 4 is standard procedure when a director leaves a company and disposes of shares.
Management Changes
| Role | Previous Person | New Person | Effective Date | Reason |
|---|---|---|---|---|
| Director | Robert W. Holthausen | 07/18/2024 | Retirement |
Stakeholder Impact
- Shareholders may react to the news of a director's retirement, although the impact is likely to be minimal in this case.
- The company will need to consider whether to appoint a new director to fill the vacancy.
Key Dates
| Date | Description |
|---|---|
| 07/18/2024 | Effective date of Robert W. Holthausen's retirement from CRA International's board of directors. |
| 08/12/2024 | Date of the Form 4 filing. |
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