Form 4: CRA International Executive Acquires Restricted Stock Units

Chad M. Holmes, an executive at CRA International, acquired 837 restricted stock units on May 20, 2025, according to a recent SEC filing.

Summary

• This SEC Form 4 filing reports a change in beneficial ownership for Chad M. Holmes, an Executive Vice President, Chief Corporate Development Officer, interim Chief Financial Officer and Treasurer at CRA International, Inc.
• On May 20, 2025, Holmes acquired 837 restricted stock units (RSUs).
• These RSUs vest in four equal annual installments starting on May 20, 2026.
• Each RSU represents a contingent right to receive one share of CRA International's common stock.
• Vested RSUs are payable in cash, shares, or a combination thereof, subject to withholding taxes and delivery timelines.
• Dividend equivalent rights accrue on unvested RSUs in the form of additional RSUs (Dividend Units) that vest on the same schedule.

Sentiment

Score: 7

Explanation: The document reflects a standard executive compensation practice, suggesting stability and alignment of interests. It's a neutral to slightly positive indicator.

Positives

• The acquisition of RSUs aligns the executive's interests with those of the shareholders.
• The vesting schedule encourages long-term commitment from the executive.

Future Outlook

The vesting of the RSUs over four years suggests a continued commitment from the executive to the company's long-term performance.

Industry Context

Equity compensation, such as RSUs, is a common practice in publicly traded companies to incentivize executives and align their interests with shareholders.

Comparison to Industry Standards

• RSUs are a standard form of executive compensation, comparable to grants at firms like Accenture, McKinsey, and Boston Consulting Group.
• The four-year vesting schedule is also typical, aligning with industry norms for retaining key personnel.

Stakeholder Impact

• Shareholders may view the RSU grant positively as it incentivizes the executive to drive long-term value.
• Employees may see it as a sign of the company's commitment to its leadership.

Key Dates

Keywords

CRA International, Chad M. Holmes, restricted stock units, RSUs, beneficial ownership, SEC Form 4, equity compensation, vesting