CRA International (CRAI) CEO sells 7,500 shares in pre-planned Form 4 trades

Rhea-AI Filing Summary

CRA International, Inc. President and CEO Paul A. Maleh reported open-market sales of 7,500 shares of common stock on March 17, 2026 under a pre-arranged Rule 10b5-1 trading plan. The shares were sold at weighted-average prices ranging from about $152.31 to $158.76 per share. Following these transactions, he directly holds 115,113 shares of CRA International common stock.

Insights

Equity analyst

CEO executes pre-planned sale of 7,500 shares, retaining a sizable stake.

CRA International President and CEO Paul A. Maleh sold a total of 7,500 common shares on March 17, 2026. All transactions are coded as open-market sales, with weighted-average prices between about $152.31 and $158.76 per share.

Footnotes state these sales were made under a Rule 10b5-1 trading plan adopted on December 10, 2024, indicating they were pre-scheduled rather than opportunistic. After the sales, Maleh directly owns 115,113 shares, suggesting the transactions represent a modest portion of his visible holdings.

Because the sales are both pre-planned and relatively small compared with his remaining stake, they appear consistent with routine portfolio or liquidity management rather than a major change in insider positioning. Future company filings may provide additional context on any subsequent trading under the same plan.

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).

X

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^*

Maleh Paul A

(Last) (First) (Middle)

200 CLARENDON STREET

(Street)

BOSTON MASSACHUSETTS 02116

(City) (State) (Zip)

UNITED STATES

(Country)

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

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

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	PRESIDENT AND CEO

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/17/2026

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

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

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

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	03/17/2026		S		1,012	D	$152.6587(1)	121,601	D(2)
Common Stock	03/17/2026		S		1,484	D	$153.9111(3)	120,117	D(2)
Common Stock	03/17/2026		S		1,704	D	$154.9991(4)	118,413	D(2)
Common Stock	03/17/2026		S		1,575	D	$156.3264(5)	116,838	D(2)
Common Stock	03/17/2026		S		275	D	$157.6587(6)	116,563	D(2)
Common Stock	03/17/2026		S		1,375	D	$158.3604(7)	115,188	D(2)
Common Stock	03/17/2026		S		75	D	$159.145	115,113	D(2)

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

Explanation of Responses:

1. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $152.31 to $153.20, inclusive. The reporting person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within such range.

2. These transactions were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 10, 2024.

3. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $153.48 to $154.3975, inclusive. The reporting person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within such range.

4. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $154.505 to $155.39, inclusive. The reporting person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within such range.

5. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $155.84 to $156.665, inclusive. The reporting person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within such range.

6. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $156.87 to $157.775, inclusive. The reporting person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within such range.

7. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $157.86 to $158.76, inclusive. The reporting person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within such range.

	Delia J. Makhlouta, by power of attorney	03/19/2026
	** 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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did CRAI CEO Paul A. Maleh report?

Paul A. Maleh, President and CEO of CRA International, reported selling 7,500 shares of common stock in open-market transactions on March 17, 2026. These trades were disclosed on a Form 4 insider filing and involved multiple price ranges throughout the trading day.

How many CRAI shares did the CEO sell and at what prices?

The CEO sold a total of 7,500 CRA International common shares. Weighted-average sale prices, as disclosed, ranged from approximately $152.31 to $158.76 per share, executed across multiple trades at various prices within those ranges on the same trading date.

Was the CRAI CEO stock sale made under a Rule 10b5-1 plan?

Yes. Footnotes state the transactions were effected under a Rule 10b5-1 trading plan adopted on December 10, 2024. Such plans pre-schedule trades, indicating these sales were planned in advance rather than being discretionary responses to short-term market conditions.

How many CRA International (CRAI) shares does the CEO hold after these sales?

After the reported transactions, Paul A. Maleh directly owns 115,113 shares of CRA International common stock. This post-transaction holding figure, disclosed in the Form 4, helps investors gauge the scale of the sale relative to his remaining ownership position in the company.

Were the CRAI CEO’s transactions tax withholdings, gifts, or open-market sales?

The filing classifies all reported transactions as open-market sales of common stock. There are no entries coded as tax withholdings, gifts, or derivative exercises. Each transaction is labeled with the “S” sale code and described as a sale in open market or private transaction.

What is the total net share change from the CRAI CEO’s latest Form 4?

The transaction summary shows net sales of 7,500 shares, with no reported purchases, option exercises, or gifts. This net-sell figure reflects the aggregate of seven separate open-market sale transactions reported for March 17, 2026 in the Form 4 filing.