Form 4: CRA International EVP Jonathan Yellin Sells Shares
SEC Form 4 Filing
Jonathan Yellin, EVP and General Counsel of CRA International, sold a total of 1,250 shares of common stock on August 15, 2024, according to a Form 4 filing with the SEC.
Summary
- On August 15, 2024, Jonathan D. Yellin, EVP and General Counsel of CRA International, sold 450 shares of common stock at a weighted average price of $157.6506.
- The shares were sold in multiple transactions with prices ranging from $157.16 to $158.12.
- Yellin also sold 800 shares of common stock at a weighted average price of $158.6013 on the same day.
- These shares were sold in multiple transactions with prices ranging from $158.15 to $159.115.
- The sales were executed under a Rule 10b5-1 trading plan adopted on November 28, 2023.
- Following these transactions, Yellin beneficially owns 20,361 shares of CRA International common stock.
Sentiment
Score: 5
Explanation: The document is a routine SEC filing related to an executive's stock sale under a pre-arranged trading plan. It doesn't inherently convey positive or negative sentiment.
Industry Context
Executive stock sales are a common occurrence and are often part of pre-planned diversification strategies. The use of a 10b5-1 plan suggests the sales were planned well in advance and not based on any specific non-public information.
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.
Key Dates
| Date | Description |
|---|---|
| 2023-11-28 | Date of adoption of Rule 10b5-1 trading plan. |
| 2024-08-15 | Date of stock sale transactions. |
| 2024-08-19 | Date of signature on the Form 4 filing. |
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