Form 4: CRAI Executive Chad Holmes Reports RSU Vesting and Stock Sales

CRA International's EVP and Chief Corporate Development Officer, Chad M. Holmes, reported the vesting of restricted stock units and subsequent sales of common stock.

Summary

• Chad M. Holmes, EVP and Chief Corporate Development Officer of CRA International, Inc. (CRAI), reported transactions involving common stock and restricted stock units (RSUs).
• On March 10, 2026, Holmes acquired 459.7215 shares of common stock and 662.8693 shares of common stock through the vesting of RSUs.
• Concurrently, Holmes disposed of 20.7215 shares at $171.75 and 29.8693 shares at $171.75, likely related to the RSU vesting.
• Additionally, 208 shares were disposed of at $171.75 and 300 shares at $171.25 to cover tax liabilities.
• Following these transactions, Holmes directly beneficially owns 45,920 shares of common stock.
• Holmes also holds various unvested RSUs and nonqualified stock options with future vesting schedules.

Sentiment

Score: 6

Explanation: StockSavvy.ai views this as a routine insider transaction report reflecting the vesting of executive compensation. The sales are primarily for tax purposes, and the executive retains significant equity, indicating continued alignment with shareholder interests.

Positives

• Vesting of 1,122.5908 Restricted Stock Units (RSUs) indicates continued compensation and retention of a key executive.
• The executive retains a significant direct beneficial ownership of 45,920 common shares after the reported transactions.
• The executive holds additional unvested RSUs and nonqualified stock options, aligning his interests with long-term shareholder value.

Negatives

• Dispositions of common stock totaling 558.5908 shares occurred, including sales to cover tax liabilities and other dispositions, reducing direct beneficial ownership.

Future Outlook

This Form 4 filing does not contain forward-looking statements or guidance regarding the company's future performance or strategic direction, focusing solely on insider transactions.

Industry Context

StockSavvy.ai notes that insider transaction reports like this Form 4 are routine disclosures for publicly traded companies, reflecting executive compensation events such as RSU vesting and subsequent tax-related sales. These transactions are generally not indicative of broader industry trends but rather specific executive compensation structures and personal financial planning.

Comparison to Industry Standards

• This filing details standard executive compensation practices, including Restricted Stock Units (RSUs) and Nonqualified Stock Options, which are common across various industries for aligning executive incentives with shareholder value. The vesting schedules and tax-related sales are typical for such equity awards. No specific comparable companies or projects are mentioned in this filing to allow for a direct comparison of results.

Stakeholder Impact

• Shareholders: The executive's continued equity holdings align interests with shareholders. Routine tax-related sales are not typically a concern.
• Employees: No direct impact on employees mentioned.

Next Steps

• Future vesting of 728.282 RSUs in two equal annual installments beginning on April 11, 2026.
• Future vesting of 1,278.881 RSUs in two equal annual installments beginning on April 11, 2026.
• Future vesting of 824.9952 RSUs in three equal annual installments beginning on April 29, 2026.
• Future vesting of 843.7409 RSUs in four equal annual installments beginning on May 20, 2026.
• Future vesting of 1,022.5936 RSUs in two equal annual installments beginning on April 29, 2027.
• Potential exercise of 4,076 Nonqualified Stock Options by December 18, 2027.
• Potential exercise of 4,425 Non-qualified stock options by December 6, 2028.

Key Dates

Recommendation

This Form 4 filing details routine executive compensation events, specifically the vesting of restricted stock units and subsequent sales to cover tax obligations. Such transactions are generally expected and do not typically signal a change in the company's fundamental outlook or the executive's confidence. The executive retains a substantial equity position, maintaining alignment with shareholder interests. Therefore, a 'hold' recommendation is appropriate as this filing provides no new information to alter an existing investment thesis.

Keywords

CRA International, CRAI, Chad M. Holmes, Form 4, Insider Trading, Restricted Stock Units, RSU Vesting, Stock Options, Executive Compensation, Common Stock, Beneficial Ownership