Form 4: CRA International EVP Jonathan Yellin Sells Shares Under 10b5-1 Trading Plan
SEC Form 4
Jonathan Yellin, EVP and General Counsel of CRA International, sold 1,250 shares of common stock on March 7, 2024, under a pre-arranged Rule 10b5-1 trading plan.
Summary
- On March 7, 2024, Jonathan D Yellin, the EVP and General Counsel of CRA International, sold 1,250 shares of the company's common stock.
- The sales were executed in two transactions: 850 shares were sold at a price of $136 per share, and 400 shares were sold at a weighted average price of $137.9525.
- The weighted average price for the second transaction ranged from $137.39 to $138.265.
- Following these transactions, Yellin directly owns 21,587 shares of CRA International.
- The sales were conducted under a Rule 10b5-1 trading plan adopted on November 28, 2023.
Sentiment
Score: 5
Explanation: The document simply reports stock sales by an executive under a pre-existing trading plan, indicating a neutral sentiment.
Industry Context
Executive stock sales are a common occurrence and are often part of pre-planned diversification strategies or for personal financial management. The use of a 10b5-1 trading plan allows insiders to sell shares without being accused of acting on 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 |
|---|---|
| 11/28/2023 | Date the reporting person adopted a Rule 10b5-1 trading plan |
| 03/07/2024 | Date of the stock sale transactions |
| 03/11/2024 | Date of the Form 4 filing |
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