CRA International Insider Files to Sell 0.08% of Outstanding Stock

Rhea-AI Filing Summary

CRA International, Inc. (CRAI) filed a Form 144 indicating that Paul A. Maleh plans to sell up to 5,200 common shares through broker Robert W. Baird on or about 08 Aug 2025. The shares were acquired via RSU and PRSU vesting between 03 Mar 2025 and 22 Mar 2025. The proposed sale represents roughly 0.08 % of the 6,583,794 shares outstanding and has an aggregate market value of $973,222.64.

The filing also discloses that Maleh previously sold 7,500 shares on 20 May 2025 for gross proceeds of $1,429,655.25. No adverse, non-public information is asserted, and the filer affirms compliance with Rule 10b5-1. While the transaction size is modest relative to total shares, investors often track insider selling for sentiment signals.

Positive

• Transparent disclosure via timely Form 144 filing complies with Rule 144 and 10b5-1 requirements.

Negative

• Insider intends to sell 5,200 shares, following a 7,500-share sale in May, which could be viewed as a bearish sentiment signal.

Insights

Securities Analyst

TL;DR: CEO plans small-scale insider sale; limited direct financial impact but may influence sentiment.

The 5,200-share notice equates to under 0.1 % of CRAI’s float and <≈1 day’s average volume, suggesting minimal liquidity pressure. Insider sales following equity vesting are routine, yet Maleh’s cumulative 12,700 shares sold/registered since May could be interpreted by some investors as profit-taking near recent highs. No earnings or guidance data are affected, and the sale is covered by Rule 144 and likely a 10b5-1 plan, mitigating governance concerns. Overall impact: modest and primarily psychological.

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	5200	973222.64	6583794	08/07/2025	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	03/22/2025	RSU Vesting	CRA International, Inc.			1127	03/22/2025	Compensation
Common	03/22/2025	PRSU Vesting	CRA International, Inc.			2029	03/22/2025	Compensation
Common	03/10/2025	RSU Vesting	CRA International, Inc.			533	03/10/2025	Compensation
Common	03/03/2025	PRSU Vesting	CRA International, Inc.			1511	03/03/2025	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	05/20/2025	7500	1429655.25

144: Remarks and Signature

Remarks

Date of Notice

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

How many CRAI shares does Paul A. Maleh plan to sell?

The Form 144 registers 5,200 common shares for potential sale.

What is the estimated market value of the planned CRAI share sale?

The aggregate market value is listed at $973,222.64.

When is the expected sale date for the CRAI shares?

The filing lists an approximate sale date of 08/07/2025 on Nasdaq.

Did Paul A. Maleh sell CRAI shares recently?

Yes, he sold 7,500 shares on 05/20/2025 for gross proceeds of $1,429,655.25.

What percentage of CRAI outstanding shares does the proposed sale represent?

The 5,200 shares equal roughly 0.08 % of the 6,583,794 shares outstanding.