Form 4: CRA International EVP, CFO, and Treasurer Daniel K. Mahoney Sells Shares

Daniel K. Mahoney, EVP, CFO, and Treasurer of CRA International, sold a total of 1,000 shares of common stock on March 11, 2024, under a pre-arranged Rule 10b5-1 trading plan.

Summary

• On March 11, 2024, Daniel K. Mahoney, the EVP, CFO, and Treasurer of CRA International, sold 1,000 shares of the company's common stock.
• The sales were executed in two transactions at weighted average prices of $137.824 and $138.5731 per share.
• The first transaction involved the sale of 353 shares at prices ranging from $137.19 to $138.17.
• The second transaction involved the sale of 647 shares at prices ranging from $138.21 to $139.12.
• Following the reported transactions, Mahoney directly owns 10,496 shares of CRA International common stock.
• The sales were conducted under a Rule 10b5-1 trading plan adopted on November 28, 2023.

Sentiment

Score: 5

Explanation: The document is a standard SEC Form 4 filing, indicating insider trading activity. The sentiment is neutral as it simply reports transactions.

Industry Context

Insider sales are a common occurrence and are often viewed in the context of pre-arranged trading plans like Rule 10b5-1, which allows insiders to sell shares over a period of time without being accused of trading on material non-public information.

Stakeholder Impact

• The stock sale could have a minor negative impact on shareholder sentiment, although the use of a 10b5-1 plan mitigates concerns about insider information.

Key Dates