CRA International (CRAI) officer exercises RSUs, withholds and returns common shares
Rhea-AI Filing Summary
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 129 shares
Net Buy
5 txns
Insider
Langan Brian
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F1, F2 | 185.3362 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 185.3362 | -- | -- |
| Disposition | Common Stock | 2.3362 | $180.85 | $422.50 |
| Exercise Price or Tax Liability | Common Stock | 54 | $180.05 | $10K |
| holding | Restricted Stock Units F1, F3 | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 1,472.4856 shares (Direct);
Common Stock — 129 shares (Direct)
Footnotes (3)
- F1. 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.
- F2. The RSUs, which include an aggregate of 7.0346 Dividend Units, vest in three equal annual installments beginning on August 4, 2027.
- F3. The RSUs, which include an aggregate of 3.4510 Dividend Units, vest in four equal annual installments beginning on April 9, 2027.
Key Figures
RSUs Exercised: 185.3362 shares
Shares Acquired: 185.3362 shares
Shares Returned to Issuer: 2.3362 shares
+4 more
7 metrics
RSUs Exercised
185.3362 shares
Restricted Stock Units converted into common stock on August 4, 2026
Shares Acquired
185.3362 shares
Common stock acquired via RSU exercise on August 4, 2026
Shares Returned to Issuer
2.3362 shares
Disposition to issuer at $180.85 per share on August 4, 2026
Tax/Exercise Shares
54 shares
Shares delivered or withheld at $180.05 per share for exercise price or tax liability
Remaining RSU Underlying Shares
914.4510 shares
Underlying common stock for outstanding RSUs held directly
Dividend Units in 2027 RSU Grant
7.0346 units
Dividend Units included in RSUs vesting in three annual installments from August 4, 2027
Dividend Units in April 2027 RSU Grant
3.4510 units
Dividend Units included in RSUs vesting in four annual installments from April 9, 2027
Key Terms
Restricted Stock Units, Dividend equivalent rights, Dividend Units, Disposition to issuer, +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 equivalent rights financial
"Dividend equivalent rights accrue with respect to unvested RSUs in the form of additional RSUs"
Dividend equivalent rights are promises that mirror the cash payments shareholders get from a company’s profits, but they are paid to holders of certain awards (like stock options or restricted stock units) rather than to actual shares. Think of them as a paycheck top‑up that matches dividends while the award is not yet a real stock, and they matter to investors because they add to employee compensation costs and potential share dilution, affecting company profitability and per‑share value.
Dividend Units financial
"additional RSUs ("Dividend Units") when and as dividends are paid on the Issuer's common stock"
Disposition to issuer financial
"transaction_action":"issuer disposition","transaction_code_description":"Disposition to issuer""
Payment of exercise price or tax liability financial
"transaction_code_description":"Payment of exercise price or tax liability by delivering or withholding"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did CRAI officer Brian Langan do in this Form 4 filing?
Brian Langan exercised Restricted Stock Units into 185.3362 CRAI common shares, acquired those shares, returned 2.3362 shares to the issuer, and delivered or withheld 54 shares for payment of exercise price or tax liability on August 4, 2026.
What does the code F transaction mean in Brian Langan’s CRAI Form 4?
The code F transaction reports 54 CRAI common shares delivered or withheld at $180.05 per share for payment of exercise price or tax liability. This is a non-market disposition mechanism typically linked to equity award settlement or related tax obligations.
What RSU holdings does Brian Langan still have at CRAI after these transactions?
Langan remains entitled to RSUs representing 914.4510 underlying CRAI common shares, including Dividend Units. One grant, including 7.0346 Dividend Units, vests in three equal annual installments from August 4, 2027, and another, including 3.4510 Dividend Units, vests in four installments from April 9, 2027.
How do Dividend Units work in Brian Langan’s CRAI RSU awards?
Dividend equivalent rights accrue on unvested RSUs as additional RSUs called Dividend Units when CRAI pays dividends. These Dividend Units, such as the 7.0346 and 3.4510 units disclosed, vest on the same schedule and in the same proportions as the underlying RSUs.