[144] CRA International, Inc. SEC Filing

Rhea-AI Filing Summary

Form 144 notice filed for CRA International, Inc. (CRAI). The filer proposes to sell 7,500 shares of common stock through Robert W. Baird on 08/14/2025 with an aggregate market value reported as $1,401,883.50. The filing shows the 7,500 shares were acquired by vesting of RSUs/PRSUs in 2017 and 2018 as compensation (3/12/2018: 3,799 shares; 11/12/2018: 2,632 shares; 11/14/2017: 1,069 shares). The filer has reported multiple sales in the past three months by Paul A. Maleh totaling 17,500 shares for gross proceeds of approximately $3,294,452.93 across sales on 05/20/2025, 08/07/2025, and 08/08/2025. The form includes the standard representation that the seller is not aware of any undisclosed material adverse information.

Positive

• Acquisition provenance disclosed: All 7,500 shares were acquired via RSU/PRSU vesting as compensation, with dates and amounts provided.
• Broker identified: Sale to be executed through Robert W. Baird, providing execution transparency.
• Seller representation included: The filing contains the required seller representation that there is no undisclosed material adverse information.

Negative

• Significant recent insider sales: Paul A. Maleh sold 17,500 shares in the past three months for gross proceeds totaling approximately $3,294,452.93, which could be viewed negatively by some investors.
• No indication of 10b5-1 plan: The form does not specify a trading plan adoption date, so these sales may not be pursuant to an established plan.

Insights

Securities Analyst

TL;DR: Routine insider sale filing; material only for disclosure—no new operational data disclosed.

The Form 144 documents an insider sale of 7,500 shares on 08/14/2025 executed through Robert W. Baird, with acquisition traced to RSU/PRSU vesting events in 2017 and 2018. The filing itself supplies no operating results, guidance, or confidential developments. The notable element is the volume of recent insider sales by Paul A. Maleh (17,500 shares in the past three months) which may be relevant to market participants monitoring insider liquidity but does not by itself indicate company operational issues. Impact on float and share count is minimal relative to outstanding shares of 6,583,794 but could influence short-term supply-demand dynamics around the sale dates.

Corporate Governance / Compliance Expert

TL;DR: Disclosure appears consistent with Rule 144 requirements; includes acquisition detail and representation about material information.

The filing includes required acquisition provenance for the securities (dates, nature as RSU/PRSU vesting, compensation) and specifies the broker and intended sale date, satisfying key Rule 144 disclosure elements. The signer affirms lack of undisclosed material adverse information and notes potential Rule 10b5-1 plan fields are present but not populated. There is no explicit evidence in the filing of a 10b5-1 plan or plan adoption date. From a compliance standpoint, the document is routine but market participants should note the recent concentrated sales activity by the named insider.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Robert W. Baird 777 E. Wisconsin Avenue Milwaukee WI 53202	7500	1401883.50	6583794	08/14/2025	Nasdaq

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	03/12/2018	PRSU Vesting	CRA International, Inc.			3799	03/12/2018	Compensation
Common	11/12/2018	PRSU Vesting	CRA International, Inc.			2632	11/12/2018	Compensation
Common	11/14/2017	RSU Vesting	CRA International, Inc.			1069	11/14/2017	Compensation

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
Paul A. Maleh 200 Clarendon Street Boston MA 02116	Common	08/08/2025	4800	891575.04
Paul A. Maleh 200 Clarendon Street Boston MA 02116	Common	08/07/2025	5200	973222.64
Paul A. Maleh 200 Clarendon Street Boston MA 02116	Common	05/20/2025	7500	1429655.25

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does the Form 144 filed for CRAI report?

The filing reports a proposed sale of 7,500 common shares to be executed through Robert W. Baird on 08/14/2025 with an aggregate market value of $1,401,883.50.

How were the 7,500 shares acquired according to the filing?

All shares were acquired via equity vesting events: 3/12/2018 (3,799 PRSUs), 11/12/2018 (2,632 PRSUs), and 11/14/2017 (1,069 RSUs); payment type is listed as compensation.

Has the filer sold other CRAI shares recently?

Yes. The filing lists sales by Paul A. Maleh of 7,500 shares on 05/20/2025, 5,200 shares on 08/07/2025, and 4,800 shares on 08/08/2025, totaling 17,500 shares and gross proceeds of approximately $3,294,452.93.

Does the Form 144 state the seller knows of any undisclosed material information?

No. The signer represents that they do not know of any material adverse information

Is a Rule 10b5-1 trading plan referenced in the filing?

The form includes a field for plan adoption or instruction date but no date or plan adoption is provided