Form 4: CRA International Executive Jonathan Yellin Reports Changes in Beneficial Ownership

EVP and General Counsel Jonathan Yellin reports transactions involving CRA International stock and restricted stock units, including acquisitions, disposals, and vesting of dividend units.

Summary

• On March 22, 2024, Jonathan Yellin, EVP and General Counsel of CRA International, reported changes in beneficial ownership of the company's stock.
• The transactions involved common stock and restricted stock units (RSUs).
• Yellin acquired and disposed of common stock, including shares acquired through the vesting of RSUs.
• Dividend units were also acquired on the RSUs at a price of $142.95 on March 22, 2024.
• The reported transactions resulted in Yellin beneficially owning 22,646 shares of common stock.
• Yellin also holds various RSUs that vest at different dates in the future, as well as nonqualified stock options.

Sentiment

Score: 5

Explanation: This is a neutral document detailing stock transactions. It doesn't inherently convey positive or negative sentiment.

Positives

• The acquisition of dividend units on RSUs indicates continued investment in the company's future.

Future Outlook

The document outlines the vesting schedules for various restricted stock units, indicating future potential stock acquisitions by the reporting person.

Industry Context

This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It provides transparency to investors regarding the holdings and transactions of company insiders.

Comparison to Industry Standards

• Executive compensation packages often include a mix of salary, stock options, and restricted stock units.
• The vesting schedules and terms of these equity grants are generally aligned with industry practices to incentivize long-term performance and retention.
• Comparing the size and structure of Yellin's equity grants to those of executives at similar consulting firms (e.g., FTI Consulting, Navigant Consulting (now Guidehouse), or Huron Consulting Group) would provide a benchmark for assessing the competitiveness of CRA International's compensation practices.

Stakeholder Impact

• The filing provides transparency to shareholders regarding executive stock ownership.
• The vesting of RSUs and exercise of stock options can impact the company's share dilution.

Key Dates