Form 4: CRA International Executive Chad Holmes Reports Stock Transactions
SEC Form 4 Filing
Chad Holmes, EVP, CHIEF CORP DEV OFFICER of CRA International, reports acquisition and disposal of common stock and restricted stock units.
Summary
- On April 11, 2024, Chad Holmes, EVP, CHIEF CORP DEV OFFICER of CRA International, engaged in transactions involving the company's common stock and restricted stock units (RSUs).
- Holmes acquired 357.0154 shares of common stock through the vesting of restricted stock units.
- He disposed of 5.0154 shares of common stock at a price of $145.12.
- Additionally, 132 shares were disposed of for $145.12.
- Following these transactions, Holmes directly owns 41,300 shares of CRA International common stock.
- He also holds various restricted stock units that vest at different dates in the future.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a standard regulatory filing detailing stock transactions. The disposals are small relative to holdings and could be for various reasons.
Positives
- The vesting of RSUs indicates that performance milestones were likely met, which is a positive signal.
Negatives
- The disposal of shares could be interpreted negatively, although it may be for tax purposes or portfolio diversification.
Risks
- Future stock disposals by Holmes could put downward pressure on the stock price.
Industry Context
This filing is a routine disclosure required by the SEC for corporate insiders, and it provides transparency into the trading activities of company executives.
Stakeholder Impact
- The transactions may have a minor impact on shareholder sentiment, depending on how they interpret the stock disposals.
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 grant date. |
| 12/06/2018 | Date of grant for non-qualified stock options with exercise price of $47.45, vesting in four equal annual installments beginning on the first anniversary of the grant date. |
| 04/11/2024 | Date of transaction: acquisition of common stock through RSU vesting and disposal of common stock. |
| 04/15/2024 | Date of signature for the Form 4 filing. |
| 12/15/2024 | Date that certain RSUs vest. |
| 03/10/2025 | Date that certain RSUs vest. |
| 03/22/2025 | Date that certain RSUs vest. |
| 04/11/2025 | Date that certain RSUs vest. |
| 12/18/2027 | Expiration date for nonqualified stock option with exercise price of $44.87. |
| 12/06/2028 | Expiration date for non-qualified stock options with exercise price of $47.45. |
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