Form 4: CRA International EVP Jonathan Yellin Reports Stock Transactions
SEC Form 4
Jonathan Yellin, EVP and General Counsel of CRA International, reports the acquisition and disposal of common stock and restricted stock units.
Summary
- On March 10, 2024, Jonathan Yellin, EVP and General Counsel of CRA International, engaged in transactions involving the company's common stock and restricted stock units (RSUs).
- Yellin acquired 390.5845 shares of common stock through the vesting of RSUs.
- He disposed of 9.5845 shares of common stock at a price of $140.22.
- Additionally, 112 shares were disposed of for $140.22.
- Following these transactions, Yellin directly owns 21,856 shares of CRA International common stock.
- The reported transactions also involve various restricted stock units (RSUs) that vest at different dates in the future.
Sentiment
Score: 5
Explanation: The document is a neutral report of stock transactions, with no inherent positive or negative sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company executive, which is a common practice in publicly traded companies. It provides transparency to investors regarding insider activity.
Comparison to Industry Standards
- Executive compensation packages often include stock options and restricted stock units to align management's interests with those of shareholders.
- The vesting schedules and terms of the RSUs and stock options are typical for executive compensation plans in similar companies.
- Companies like FTI Consulting and Navigant Consulting (now Guidehouse) also use similar equity-based compensation strategies for their executives.
Stakeholder Impact
- The transactions may have a minor impact on shareholders by slightly diluting the stock.
Key Dates
| Date | Description |
|---|---|
| 12/18/2017 | Date of grant for Nonqualified Stock Option with exercise price of $44.87, vesting in four equal annual installments beginning on the first anniversary of the date of grant, expiring 12/18/2027. |
| 12/06/2018 | Date of grant for Nonqualified Stock Option with exercise price of $47.45, vesting in four equal annual installments beginning on the first anniversary of the date of grant, expiring 12/06/2028. |
| 03/10/2024 | Date of reported transactions: acquisition of common stock via RSU vesting and disposal of common stock. |
| 03/13/2024 | Date of signature on the Form 4 filing. |
| 03/22/2024 | RSUs vest in two equal annual installments beginning on this date. |
| 04/11/2024 | RSUs vest in four equal annual installments beginning on this date. |
| 12/15/2024 | RSUs vest on this date. |
| 03/10/2025 | RSUs vest in two equal annual installments beginning on this date. |
| 12/18/2027 | Expiration date for Nonqualified Stock Option with exercise price of $44.87. |
| 12/06/2028 | Expiration date for Nonqualified Stock Option with exercise price of $47.45. |
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