Form 4: CRA International EVP, CFO and Treasurer Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Daniel K. Mahoney, EVP, CFO and Treasurer of CRA International, reports transactions involving common stock and restricted stock units.
Summary
- On March 10, 2024, Daniel K. Mahoney, EVP, CFO and Treasurer of CRA International, engaged in transactions involving the company's common stock and restricted stock units (RSUs).
- Mahoney acquired 450.0434 shares of common stock through the vesting of restricted stock units.
- He disposed of 11.0434 shares of common stock at a price of $140.22.
- Additionally, 129 shares were disposed of for $140.22.
- Following these transactions, Mahoney directly owns 10,806 shares of CRA International common stock.
- The transactions also involved various restricted stock units vesting at different dates in the future.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing transactions by a company executive. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.
Future Outlook
The document outlines the vesting schedules for various restricted stock units, indicating future potential share issuances to the reporting person.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and directors. This filing indicates the executive's ongoing investment in the company.
Comparison to Industry Standards
- Form 4 filings are standard practice for publicly traded companies and their executives, ensuring compliance with SEC regulations.
- The vesting schedules of the restricted stock units are typical compensation mechanisms used to align executive interests with long-term shareholder value, similar to practices observed at comparable consulting firms and publicly traded companies.
Stakeholder Impact
- The transactions reported may have a minor impact on shareholders due to the change in the executive's holdings.
- The vesting of restricted stock units could potentially dilute existing shareholders over time.
Key Dates
| Date | Description |
|---|---|
| 03/10/2024 | Date of earliest transaction: Acquisition of common stock through RSU vesting and disposal of common stock. |
| 03/13/2024 | Date of signature on the Form 4 filing. |
| 03/22/2024 | Vesting start date for some Restricted Stock Units. |
| 04/03/2024 | Vesting date for some Restricted Stock Units. |
| 04/11/2024 | Vesting start date for some Restricted Stock Units. |
| 12/15/2024 | Vesting date for some Restricted Stock Units. |
| 03/10/2025 | Vesting start date for some Restricted Stock Units. |
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