CRA INTERNATIONAL, INC. (CRAI) SEC Filings

CRA INTERNATIONAL, INC. (CRAI) received a Rule 144 notice indicating that Paul A. Maleh plans to sell up to 7,500 shares of common stock through broker Robert W. Baird. The proposed sale has an aggregate market value of $1,295,849.25, with CRAI having 6,227,118 shares outstanding as of August 31, 2026.

The shares relate to equity compensation awards, including performance and restricted stock units vesting on various dates. The notice also reports that Maleh sold 7,500 CRAI shares for $1,026,244.50 on June 3, 2026.

CRA INTERNATIONAL, INC. (CRAI) EVP and General Counsel Jonathan D. Yellin reported open-market sales of company common stock. On 2026-08-25, he sold 2,250 shares in three transactions at weighted average prices between roughly $171.88 and $174.71 per share. The filing states these sales were effected under a Rule 10b5-1 trading plan adopted on 2025-11-10.

CRA INTERNATIONAL, INC. (CRAI) received a notice that officer Jonathan D. Yellin has filed to sell common stock under Rule 144. The proposed transaction covers up to 2,250 shares of CRA International common stock through broker Robert W. Baird, with an aggregate market value of $389,812.50 and a reported total of 6,227,118 shares outstanding.

The shares to be sold trace to equity compensation awards, including vested RSUs and PRSUs granted between 2018 and 2025 as part of compensation from CRA International, Inc. The planned sale date is listed as August 25, 2026, and the shares are listed on the Nasdaq.

CRA International, Inc. reported a Form 4 for director William F. Concannon showing a holding entry only, with 15,595 shares of Common Stock held directly following the reported position. Concannon retired from the board effective July 16, 2026 and is no longer subject to Section 16 reporting requirements.

CRA INTERNATIONAL, INC. executive Eric Nierenberg, EVP, CFO and Treasurer, reported several equity transactions on August 4, 2026. He exercised 185.3362 Restricted Stock Units, receiving an equivalent number of common shares. Of these, 2.3362 shares were returned to the issuer in a disposition at $180.85 per share, and 54 shares were delivered or withheld at $180.85 per share for payment of exercise price or tax liability. A remaining award of Restricted Stock Units representing 914.4510 underlying common shares, including Dividend Units, continues to be held directly and vests in scheduled annual installments beginning in 2027.

CRA International, Inc. officer Brian Langan reported multiple equity transactions on August 4, 2026. Restricted Stock Units were exercised into 185.3362 shares of common stock, and the same number of common shares were acquired. Separately, 2.3362 shares were returned to the issuer and 54 shares were delivered or withheld for payment of exercise price or tax liability. Langan continues to hold RSU awards representing 914.4510 underlying common shares, including Dividend Units, vesting in installments beginning in 2027.

FMR LLC reported its beneficial ownership of 470,178.26 shares of CRA International Inc. common stock on a Schedule 13G/A, representing 7.3% of the outstanding class as of June 30, 2026. FMR LLC reports sole dispositive power over 470,178.26 shares and sole voting power over 469,926.00 shares, with no shared voting or dispositive power.

Abigail P. Johnson is also listed as a reporting person, with sole dispositive power over 470,178.26 shares and no sole or shared voting power. One or more other persons have the right to receive or direct dividends or sale proceeds from these shares, but no such person holds more than five percent of CRA International’s common stock.

CRA International, Inc. reported second‑quarter fiscal 2026 revenues of $210,815 (in thousands), up 12.8% from the prior‑year quarter, with net income of $13,508 (in thousands) and diluted EPS of $2.10. Year‑to‑date revenues rose 11.7% to $411,790 (in thousands), but net income declined to $24,640 (in thousands) as costs of services increased to 71.3% of revenues, driven by higher employee compensation, forgivable loan amortization, and reimbursable expenses.

Operating cash flow for the year‑to‑date period was a use of $118,313 (in thousands), reflecting large bonus payments and $81,974 (in thousands) of new forgivable loan advances. Borrowings under the revolving credit facility increased to $219,000 (in thousands) as of July 4, 2026. Subsequently, CRA entered into an amended and restated unsecured credit agreement providing up to $400,000 (in thousands) of aggregate facilities, including a $325,000 (in thousands) revolver and a $75,000 (in thousands) term loan maturing July 31, 2031. The company continued capital returns, repurchasing $49,303 (in thousands) of stock year‑to‑date and paying dividends and equivalents of $7,438 (in thousands).

CRA International, Inc. reported record second‑quarter fiscal 2026 revenue of $210.8 million, up 12.8% year over year, producing its strongest second quarter as measured by net income, earnings per diluted share and EBITDA. GAAP net income was $13.5 million (6.4% margin) and diluted EPS was $2.10; non‑GAAP EBITDA was $26.8 million, or 12.7% of revenue.

For the first half of fiscal 2026 on a constant currency basis, revenue totaled $408.8 million and non‑GAAP EBITDA $49.7 million (12.2% margin). Management raised full‑year constant‑currency revenue guidance to $805–$820 million and reaffirmed a non‑GAAP EBITDA margin target of 12.0%–13.0%.

The company returned $31.4 million to shareholders in Q2 via dividends and share repurchases and declared a new quarterly dividend of $0.57 per share, payable September 14, 2026. It also refinanced and expanded its bank credit facility to $400 million, including a $75 million term loan and a $325 million revolver with seasonal reduction options, while year‑to‑date net cash used in operating activities was $118.3 million, supported by revolver borrowings of $219.0 million outstanding at quarter‑end.