CRA International (NASDAQ: CRAI) EVP exercises RSUs, holds 14,702 shares

Rhea-AI Filing Summary

CRA International, Inc. executive Jonathan D. Yellin reported routine equity compensation activity. On March 10, 2026, he converted restricted stock units into 972.8544 shares of common stock. A portion of these shares was returned to the issuer and withheld at $171.75 per share to cover tax obligations.

After these transactions, Yellin directly holds 14,702 shares of common stock. He also retains multiple unvested restricted stock unit awards tied to common stock, along with nonqualified stock options for 2,377 shares at an exercise price of $44.87 and 2,845 shares at $47.45, expiring in 2027 and 2028 respectively.

Insights

Equity compensation analyst

Routine RSU vesting with tax withholding; no open‑market trading signal.

EVP and General Counsel Jonathan D. Yellin exercised restricted stock units that vested on March 10, 2026, receiving 972.8544 shares of CRA International common stock. Code M entries show derivative exercises, not open‑market buying, and occur at a stated price of $0.00 per share.

Code D and F transactions at $171.75 per share reflect shares returned to the issuer and shares withheld to satisfy tax liabilities, rather than discretionary sales into the market. Following these actions, Yellin directly holds 14,702 common shares and maintains several RSU grants and stock options, indicating continued equity exposure tied to future vesting and option exercise decisions.

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

OMB APPROVAL

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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^*

Yellin Jonathan D

(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)
	EVP AND GENERAL COUNSEL

3. Date of Earliest Transaction (Month/Day/Year)
03/10/2026

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
Common Stock	03/10/2026		M		398.9839	A	(1)	14,444.9839	D
Common Stock	03/10/2026		D		17.9839	D	$171.75	14,427	D
Common Stock	03/10/2026		F		112	D	$171.75	14,315	D
Common Stock	03/10/2026		M		573.8705	A	(1)	14,888.8705	D
Common Stock	03/10/2026		D		25.8705	D	$171.75	14,863	D
Common Stock	03/10/2026		F		161	D	$171.75	14,702	D

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)	03/10/2026		M			398.9839	(2)	(2)	Common Stock	398.9839	$0	0	D
Restricted Stock Units	(1)	03/10/2026		M			573.8705	(3)	(3)	Common Stock	573.8705	$0	0	D
Restricted Stock Units	(1)							(4)	(4)	Common Stock	631.1779		631.1779	D
Restricted Stock Units	(1)							(5)	(5)	Common Stock	1,108.4327		1,108.4327	D
Restricted Stock Units	(1)							(6)	(6)	Common Stock	875.9206		875.9206	D
Restricted Stock Units	(1)							(7)	(7)	Common Stock	896.1597		896.1597	D
Restricted Stock Units	(1)							(8)	(8)	Common Stock	1,085.7412		1,085.7412	D
Nonqualified Stock Option (right to buy)	$44.87							12/18/2017(9)	12/18/2027	Common Stock	2,377		2,377	D
Nonqualified Stock Option (right to buy)	$47.45							12/06/2018(9)	12/06/2028	Common Stock	2,845		2,845	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 17.9839 Dividend Units, vested on March 10, 2026.

3. The RSUs, which include an aggregate of 25.8705 Dividend Units, vested on March 10, 2026.

4. The RSUs, which include an aggregate of 20.1779 Dividend Units, vest in two equal annual installments beginning on April 11, 2026.

5. The RSUs, which include an aggregate of 35.4327 Dividend Units, vest in two equal annual installments beginning on April 11, 2026.

6. The RSUs, which include an aggregate of 15.9206 Dividend Units, vest in three equal annual installments beginning on April 29, 2026.

7. The RSUs, which include an aggregate of 7.1597 Dividend Units, vest in four equal annual installments beginning on May 20, 2026.

8. The RSUs, which include an aggregate of 19.7412 Dividend Units, vest in two equal annual installments beginning on April 29, 2027.

9. Date indicated is date of grant. Option vests in four equal annual installments beginning on the first anniversary of the date of grant.

	Delia J. Makhlouta, by power of attorney	03/12/2026
	** 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 did CRAI executive Jonathan D. Yellin report in this Form 4?

Jonathan D. Yellin reported routine equity compensation activity, mainly the exercise of restricted stock units into 972.8544 CRA International common shares. Some shares were then returned to the issuer and withheld at $171.75 each to satisfy obligations, leaving him with 14,702 directly held shares.

Did Jonathan D. Yellin buy or sell CRAI shares on the open market?

The filing shows no open-market purchases or sales by Jonathan D. Yellin. Reported code M, D, and F entries reflect RSU exercises, shares returned to the issuer, and tax-withholding dispositions at $171.75 per share, all tied to equity awards rather than discretionary market trades.

How many CRAI shares does Jonathan D. Yellin own after these transactions?

After the reported March 10, 2026 transactions, Jonathan D. Yellin directly owns 14,702 shares of CRA International common stock. This figure reflects RSU conversions, shares returned to the issuer, and tax-withholding dispositions completed at $171.75 per share on vested awards.

What restricted stock units vested for CRAI executive Jonathan D. Yellin?

Restricted stock units that included 17.9839 and 25.8705 dividend units vested on March 10, 2026. These RSUs were settled into common shares, with some shares delivered to Jonathan D. Yellin and others used for issuer repurchases and tax-withholding at $171.75 per share.

What stock options does Jonathan D. Yellin still hold in CRAI?

Jonathan D. Yellin holds nonqualified stock options on 2,377 CRA International shares at a $44.87 exercise price expiring December 18, 2027, and 2,845 shares at a $47.45 exercise price expiring December 6, 2028. These options provide additional potential future equity exposure.

Does Jonathan D. Yellin still have unvested RSUs in CRAI after this Form 4?

Yes. The derivative holdings summary shows multiple unvested RSU awards tied to 631.1779, 1108.4327, 875.9206, 896.1597, and 1085.7412 underlying CRA International shares. These RSUs vest in scheduled installments beginning in 2026 and 2027, subject to their stated vesting terms.