Form 4: CRAI Executive Discloses Equity Holdings & Vesting Schedule

Chad M. Holmes, EVP and Chief Corporate Development Officer at CRA International, Inc., filed a Form 4 detailing his beneficial ownership of common stock, restricted stock units, and stock options.

Summary

• Chad M. Holmes, EVP, Chief Corporate Development Officer, beneficially owns 44,858 shares of CRA International, Inc. common stock directly.
• On September 12, 2025, Holmes acquired additional Restricted Stock Units (RSUs) totaling 11.7921 units, identified as Dividend Units accruing on existing unvested RSUs.
• Following these acquisitions, Holmes' total beneficial ownership of RSUs includes tranches of 458.4161, 660.9871, 726.2141, 1,275.2496, 822.6525, and 841.3452 units, each with specific future vesting schedules.
• He also holds 4,076 nonqualified stock options granted on December 18, 2017, with an exercise price of $44.87, and 4,425 non-qualified stock options granted on December 6, 2018, with an exercise price of $47.45.

Sentiment

Score: 5

Explanation: This is a routine insider transaction report (Form 4) detailing executive equity holdings and vesting schedules. It does not contain information that would significantly alter the company's perceived financial health or strategic direction, hence a neutral sentiment.

Positives

• Executive Chad M. Holmes holds a significant stake in the company, aligning his interests with shareholders.
• Ongoing equity grants and vesting schedules provide long-term incentives for executive performance.

Future Outlook

Future vesting schedules for various restricted stock units are outlined, with installments beginning in March, April, and May 2026, providing a clear timeline for the executive's equity compensation realization.

Industry Context

This is a routine insider transaction report, which provides transparency regarding an executive's equity holdings and compensation structure. It does not contain specific industry-related performance or strategic updates.

Stakeholder Impact

• Shareholders: Provides transparency on executive equity ownership and long-term incentives, aligning management interests.
• Employees: Reflects standard executive compensation practices, potentially influencing broader compensation strategies.

Next Steps

• Vesting of Restricted Stock Units on March 10, 2026.
• First annual installment vesting of Restricted Stock Units on April 11, 2026.
• First annual installment vesting of Restricted Stock Units on April 29, 2026.
• First annual installment vesting of Restricted Stock Units on May 20, 2026.

Key Dates

Recommendation

This Form 4 is a routine disclosure of an executive's beneficial ownership of company stock, restricted stock units, and stock options, along with their vesting schedules. It does not contain new financial performance data, strategic shifts, or significant insider buying/selling activity that would warrant a change in investment recommendation. The holdings reflect standard executive compensation and alignment of interests, supporting a 'hold' stance.

Keywords

CRA International, CRAI, Form 4, insider trading, beneficial ownership, restricted stock units, stock options, executive compensation, Chad M. Holmes