CRA International (CRAI) EVP exercises RSUs and manages tax share dispositions
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
CRA International EVP and General Counsel Jonathan D. Yellin reported routine equity compensation activity in CRAI stock. On April 29, 2026, he exercised 293.3649 Restricted Stock Units into shares of common stock. To cover obligations, 85 shares were used at $154.55 per share for tax-withholding and 6.3649 shares were disposed of to the issuer.
Following these transactions, Yellin directly holds 15,588.3649 shares of CRAI common stock. He also retains nonqualified stock options covering 2,845 shares at an exercise price of $47.45 expiring on December 6, 2028 and 2,377 shares at $44.87 expiring on December 18, 2027, plus multiple outstanding RSU awards that vest in future years.
Positive
- None.
Negative
- None.
Insider Trade Summary
293.365 shares exercised/converted
Mixed
11 txns
Insider
Yellin Jonathan D
Role
EVP AND GENERAL COUNSEL
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 293.365 | $0.00 | -- |
| Exercise | Common Stock | 293.365 | $0.00 | -- |
| Disposition | Common Stock | 6.365 | $154.55 | $983.70 |
| Tax Withholding | Common Stock | 85 | $154.55 | $13K |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Nonqualified Stock Option (right to buy) | -- | -- | -- |
| holding | Nonqualified Stock Option (right to buy) | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 585.707 shares (Direct, null);
Common Stock — 15,588.365 shares (Direct, null);
Nonqualified Stock Option (right to buy) — 2,377 shares (Direct, null)
Footnotes (1)
- Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock; vested RSUs are payable in the form of cash, shares of the Issuer's common stock or a combination thereof, except as otherwise indicated below. To the extent vested RSUs are paid in shares of the Issuer's common stock, such shares will be delivered to the reporting person as soon as possible after vesting, but in no event later than two and one-half months after the end of the year in which vesting occurs, subject to the collection of withholding taxes. Dividend equivalent rights accrue with respect to unvested RSUs in the form of additional RSUs ("Dividend Units") when and as dividends are paid on the Issuer's common stock, and Dividend Units vest on the same dates and in the same relative proportions as the RSUs on which they accrue. The RSUs, which include an aggregate of 12.7074 Dividend Units, vest in two equal annual installments beginning on April 29, 2027. The RSUs, which include an aggregate of 10.3841 Dividend Units, vest in four equal annual installments beginning on May 20, 2026. The RSUs vest in four equal annual installments beginning on April 9, 2027. The RSUs, which include an aggregate of 11.2429 Dividend Units, vest on April 11, 2027. The RSUs, which include an aggregate of 19.7307 Dividend Units, vest on April 11, 2027. The RSUs, which include an aggregate of 23.6478 Dividend Units, vest in two equal annual installments beginning on April 29, 2027. Date indicated is date of grant. Option vests in four equal annual installments beginning on the first anniversary of the date of grant.
Key Figures
RSUs exercised: 293.3649 shares
Tax-withholding shares: 85 shares at $154.55
Shares disposed to issuer: 6.3649 shares at $154.55
+4 more
7 metrics
RSUs exercised
293.3649 shares
Restricted Stock Units converted to common stock on April 29, 2026
Tax-withholding shares
85 shares at $154.55
Shares used for tax liability payment on April 29, 2026
Shares disposed to issuer
6.3649 shares at $154.55
Disposition to issuer coded D on April 29, 2026
Post-transaction common shares
15,588.3649 shares
Direct CRAI common stock holdings after Form 4 transactions
Option position 1
2,845 shares at $47.45
Nonqualified stock option expiring December 6, 2028
Option position 2
2,377 shares at $44.87
Nonqualified stock option expiring December 18, 2027
Largest RSU block
1,396.0000 underlying shares
Restricted Stock Units outstanding as equity award
Key Terms
Restricted Stock Units, Dividend Units, Nonqualified Stock Option, tax-withholding disposition, +1 more
5 terms
Restricted Stock Units financial
"Each restricted stock unit ("RSU") represents a contingent right to receive one share"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Dividend Units financial
"Dividend equivalent rights accrue with respect to unvested RSUs in the form of additional RSUs ("Dividend Units")"
Nonqualified Stock Option financial
"Nonqualified Stock Option (right to buy) ... Option vests in four equal annual installments"
tax-withholding disposition financial
"Payment of exercise price or tax liability by delivering securities"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
Disposition to issuer financial
"transaction_code_description": "Disposition to issuer""
FAQ
What did CRAI executive Jonathan D. Yellin report in this Form 4?
Jonathan D. Yellin reported routine equity compensation activity. He exercised 293.3649 Restricted Stock Units into CRAI common stock, with a portion of the resulting shares used for tax withholding and a small number returned to the issuer, reflecting standard administrative transactions.
What equity awards and options does Yellin still have with CRA International (CRAI)?
Yellin retains significant options and Restricted Stock Units. He holds nonqualified stock options for 2,845 shares at $47.45 and 2,377 shares at $44.87, plus several RSU grants with underlying share amounts including 1,396, 1,089.6478, 899.3841, 556.7307, and 317.2429 shares.
How many Restricted Stock Units did Yellin convert to CRAI common stock?
Yellin exercised 293.3649 Restricted Stock Units into CRAI common shares. This derivative exercise is coded as an M transaction, indicating conversion of equity-based compensation into common stock, followed by related tax-withholding and issuer disposition adjustments on the same date.