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CRA International (CRAI) EVP reports new stock awards and tax share disposals

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

CRA International EVP and General Counsel Jonathan D. Yellin reported multiple equity compensation transactions dated March 2, 2026. He was granted 1,085.7412 restricted stock units and 1,067 shares of common stock at a stated price of $0.0000 per share. To cover tax obligations, 344 shares of common stock were disposed of at $180.2600 per share, along with a separate 19.7415-share disposition to the issuer, leaving him with 16,296 common shares directly owned. Footnotes describe how various RSU awards, including associated dividend units, will vest in scheduled annual installments beginning on several dates in 2026 and 2027.

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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
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
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)
03/02/2026
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 03/02/2026 A(1) 1,067 A (1) 16,640 D
Common Stock 03/02/2026 F 344 D $180.26 16,296 D
Common Stock 03/02/2026 A(1) 19.7415 A (1) 16,315.7415 D
Common Stock 03/02/2026 D 19.7415 D $180.26 16,296 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 (2) 03/02/2026 A(3) 1,085.7412 (4) (4) Common Stock 1,085.7412 $0 1,085.7412 D
Restricted Stock Units (2) (5) (5) Common Stock 398.9839 398.9839 D
Restricted Stock Units (2) (6) (6) Common Stock 573.8705 573.8705 D
Restricted Stock Units (2) (7) (7) Common Stock 631.1779 631.1779 D
Restricted Stock Units (2) (8) (8) Common Stock 1,108.4327 1,108.4327 D
Restricted Stock Units (2) (9) (9) Common Stock 875.9206 875.9206 D
Restricted Stock Units (2) (10) (10) Common Stock 896.1597 896.1597 D
Nonqualified Stock Option (right to buy) $44.87 12/18/2017(11) 12/18/2027 Common Stock 2,377 2,377 D
Nonqualified Stock Option (right to buy) $47.45 12/06/2018(11) 12/06/2028 Common Stock 2,845 2,845 D
Explanation of Responses:
1. Shares issued in settlement of the vesting of performance restricted stock units ("PRSUs") granted on April 29, 2024.
2. 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.
3. Unvested RSUs resulting from the determination of the outcome of performance conditions of PRSUs granted on April 29, 2024.
4. The RSUs, which include an aggregate of 19.7412 Dividend Units, vest in two equal annual installments beginning on April 29, 2027.
5. The RSUs, which include an aggregate of 17.9839 Dividend Units, vest on March 10, 2026.
6. The RSUs, which include an aggregate of 25.8705 Dividend Units, vest on March 10, 2026.
7. The RSUs, which include an aggregate of 20.1779 Dividend Units, vest in two equal annual installments beginning on April 11, 2026.
8. The RSUs, which include an aggregate of 35.4327 Dividend Units, vest in two equal annual installments beginning on April 11, 2026.
9. The RSUs, which include an aggregate of 15.9206 Dividend Units, vest in three equal annual installments beginning on April 29, 2026.
10. The RSUs, which include an aggregate of 7.1597 Dividend Units, vest in four equal annual installments beginning on May 20, 2026.
11. 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 03/04/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transactions did CRAI executive Jonathan D. Yellin report?

Jonathan D. Yellin reported equity compensation activity on March 2, 2026, including grants and related share dispositions. He received restricted stock units and common shares, and some shares were delivered back to the company to satisfy tax obligations tied to these awards.

How many CRAI restricted stock units did Jonathan D. Yellin receive?

He received 1,085.7412 restricted stock units on March 2, 2026 as a grant or award. Each RSU represents a contingent right to one CRA International common share, with payment possible in cash, shares, or a combination, subject to vesting and withholding taxes.

How many CRAI common shares were granted to Jonathan D. Yellin?

He was granted 1,067 shares of CRA International common stock at a stated price of $0.0000 per share. These shares increased his direct ownership before subsequent tax-related and issuer dispositions adjusted his post-transaction common stock balance to 16,296 shares.

Why were some of Jonathan D. Yellin’s CRAI shares disposed of?

A 344-share transaction was coded as payment of tax liability by delivering securities, and 19.7415 shares were coded as a disposition to the issuer. Such dispositions typically relate to covering withholding taxes associated with equity awards rather than open-market sales.

What is Jonathan D. Yellin’s CRAI common stock ownership after these transactions?

After the reported March 2, 2026 transactions, his directly owned CRA International common stock balance was 16,296 shares. This figure reflects the combination of new share grants and the shares delivered back for tax and issuer-related dispositions on that date.

How do CRAI restricted stock units for Jonathan D. Yellin vest over time?

The footnotes state that various RSU tranches, some including dividend units, vest on specific future schedules. These include vesting in equal annual installments starting on dates such as April 11, 2026, April 29, 2026, April 29, 2027, and May 20, 2026, among others.
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