Form 4: CRAI Executive Reports Equity Holdings

CRA International's EVP and General Counsel, Jonathan D. Yellin, filed a Form 4 detailing his beneficial ownership of common stock, restricted stock units, and nonqualified stock options.

Summary

• Jonathan D. Yellin, EVP and General Counsel of CRA International, Inc. (CRAI), reported beneficial ownership of 15,573 shares of common stock.
• The filing details the acquisition of various Restricted Stock Units (RSUs) on December 12, 2025, which include dividend equivalent rights.
• Total RSU holdings following these transactions amount to 4,034.5453 units, with vesting dates ranging from March 10, 2026, to May 20, 2026, in various annual installments.
• The report also includes existing Nonqualified Stock Options: 2,377 options granted on December 18, 2017, with an exercise price of $44.87 and an expiration date of December 18, 2027; and 2,845 options granted on December 6, 2018, with an exercise price of $47.45 and an expiration date of December 6, 2028.

Sentiment

Score: 5

Explanation: This is a routine, factual disclosure of executive equity holdings and compensation-related grants, which is neutral in sentiment for the company's immediate prospects.

Positives

• The executive's beneficial ownership of 15,573 shares of common stock directly aligns his interests with those of shareholders.
• The grant of Restricted Stock Units (RSUs) and Nonqualified Stock Options provides long-term incentives for the executive, linking compensation to future company performance and shareholder value creation.
• The detailed disclosure of equity holdings enhances transparency for investors regarding executive compensation and insider ownership.

Negatives

• No explicit negative information is contained within this routine insider ownership disclosure.

Risks

• No specific company or market risks are disclosed in this Form 4 filing.

Future Outlook

This Form 4 filing does not contain any forward-looking statements or guidance regarding the company's future outlook.

Industry Context

This filing is a routine disclosure of an executive's equity holdings and does not provide information related to broader industry trends or competitive landscape.

Stakeholder Impact

• Shareholders gain transparency regarding the equity holdings and long-term incentives of a key executive.
• The executive's compensation structure, including equity grants, aligns his financial interests with the long-term performance of the company.

Next Steps

• Vesting of various Restricted Stock Units on scheduled dates, with the earliest vesting on March 10, 2026.
• Continued vesting of Nonqualified Stock Options in annual installments following their grant dates.

Key Dates

Keywords

CRA International, CRAI, Form 4, insider ownership, executive compensation, restricted stock units, stock options, beneficial ownership, corporate governance, equity grants