CRA International (NASDAQ: CRAI) discloses executive restricted stock units

Rhea-AI Filing Summary

CRA International, Inc. reported an executive equity award involving restricted stock units (RSUs) linked to its common stock. On December 12, 2025, the reporting officer acquired 2.0954 RSUs, and following this transaction beneficial ownership increased to 737.9104 RSUs, held directly.

Each RSU represents a contingent right to receive one share of CRA International common stock and may be settled in cash, shares, or a combination. Shares, when issued, are delivered as soon as possible after vesting and no later than two and one-half months after the end of the year in which vesting occurs, subject to tax withholding. Dividend equivalent rights accrue on unvested RSUs as additional RSUs, called Dividend Units, which vest on the same schedule. The RSUs, which include an aggregate of 3.9104 Dividend Units, vest in four equal annual installments beginning on August 4, 2026.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Langan Brian

(Last) (First) (Middle)

200 CLARENDON STREET

(Street)

BOSTON MA 02116

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
CRA INTERNATIONAL, INC. [ CRAI ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	See Remarks

3. Date of Earliest Transaction (Month/Day/Year)
12/12/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	(1)	12/12/2025		A		2.0954		(2)	(2)	Common Stock	2.0954	$0	737.9104	D

Explanation of Responses:

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.

2. The RSUs, which include an aggregate of 3.9104 Dividend Units, vest in four equal annual installments beginning on August 4, 2026.

Remarks:

Executive Vice President and Chief Strategy and Business Transformation Officer

	Delia J. Makhlouta, by power of attorney	12/16/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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FAQ

What insider transaction did CRA International (CRAI) report in this filing?

The filing shows that on December 12, 2025, a CRA International executive acquired 2.0954 restricted stock units (RSUs). After this transaction, the officer beneficially owns 737.9104 RSUs linked to CRA International common stock.

What is the reporting person’s role at CRA International (CRAI)?

The reporting person serves as CRA International’s Executive Vice President and Chief Strategy and Business Transformation Officer, indicating a senior leadership position at the company.

When do the reported CRA International RSUs begin vesting and over what period?

The RSUs reported, which include Dividend Units, vest in four equal annual installments beginning on August 4, 2026, spreading vesting over four years from that date.

How are CRA International (CRAI) restricted stock units settled and when are shares delivered?

Each RSU is a contingent right to receive one share of CRA International common stock. Vested RSUs can be paid in cash, shares, or a combination, with any shares delivered as soon as possible after vesting and no later than two and one-half months after the end of the year in which vesting occurs, subject to tax withholding.

What are Dividend Units in CRA International’s RSU program?

When CRA International pays dividends on its common stock, dividend equivalent rights accrue on unvested RSUs as additional RSUs called Dividend Units. These Dividend Units vest on the same dates and in the same proportions as the underlying RSUs.

How many Dividend Units are included in the reported CRA International RSUs?

The RSUs described in the filing include an aggregate of 3.9104 Dividend Units, which form part of the total RSU balance and follow the same four-year annual vesting schedule beginning on August 4, 2026.