CRA International (CRAI) CEO gains common shares via RSU vesting and tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
CRA International, Inc. director and President & CEO Paul A. Maleh reported compensation-related equity activity. On April 11, 2026, he exercised restricted stock units into an aggregate of 4,295.2299 shares of common stock at $0.00 per share. On the same date, 55.2585 and 96.9714 shares of common stock were surrendered to the issuer at $163.80 per share, and 728 and 1,276 shares were withheld at $163.80 per share to cover tax obligations. Following these transactions, he directly owned 117,252 shares of common stock and retained multiple blocks of unvested RSUs and nonqualified stock options with exercise prices of $44.87 and $47.45 expiring in 2027 and 2028.
Positive
- None.
Negative
- None.
Insider Trade Summary
4,295.23 shares exercised/converted
Mixed
14 txns
Insider
Maleh Paul A
Role
PRESIDENT AND CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 1,559.259 | $0.00 | -- |
| Exercise | Restricted Stock Units | 2,735.971 | $0.00 | -- |
| Exercise | Common Stock | 1,559.259 | $0.00 | -- |
| Disposition | Common Stock | 55.259 | $163.80 | $9K |
| Tax Withholding | Common Stock | 728 | $163.80 | $119K |
| Exercise | Common Stock | 2,735.971 | $0.00 | -- |
| Disposition | Common Stock | 96.971 | $163.80 | $16K |
| Tax Withholding | Common Stock | 1,276 | $163.80 | $209K |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Nonqualified Stock Option (right to buy) | -- | -- | -- |
| holding | Nonqualified Stock Option (right to buy) | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 1,559.259 shares (Direct);
Common Stock — 116,672.259 shares (Direct);
Nonqualified Stock Option (right to buy) — 16,304 shares (Direct)
Footnotes (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. The RSUs, which include an aggregate of 55.2585 Dividend Units, vest on April 11, 2027. The RSUs, which include an aggregate of 97.0119 Dividend Units, vest on April 11, 2027. The RSUs, which include an aggregate of 94.2295 Dividend Units, vest in three equal annual installments beginning on April 29, 2026. The RSUs, which include an aggregate of 51.3020 Dividend Units, vest in four equal annual installments beginning on May 20, 2026. The RSUs, which include an aggregate of 116.8453 Dividend Units, vest in two equal annual installments beginning on April 29, 2027. The RSUs vest in four equal annual installments beginning on April 9, 2027. Date indicated is date of grant. Option vests in four equal annual installments beginning on the first anniversary of the date of grant.
Key Figures
RSU-derived common shares acquired: 4,295.2299 shares
Shares surrendered to issuer: 152.2299 shares
Shares withheld for taxes: 2,004 shares
+5 more
8 metrics
RSU-derived common shares acquired
4,295.2299 shares
Common stock from RSU exercises on April 11, 2026
Shares surrendered to issuer
152.2299 shares
Common stock dispositions to issuer at $163.80 per share
Shares withheld for taxes
2,004 shares
Tax-withholding dispositions at $163.80 per share
Post-transaction common shares
117,252 shares
Direct CRA International common stock holdings after transactions
RSU block underlying shares
6,800.0000 shares
Largest remaining RSU block of common stock
Option grant at $44.87
16,304.0000 shares
Nonqualified stock option, exercise price $44.87, expires December 18, 2027
Option grant at $47.45
15,173.0000 shares
Nonqualified stock option, exercise price $47.45, expires December 6, 2028
Withholding/reference price
$163.80 per share
Price used for issuer dispositions and tax-withholding shares
Key Terms
Restricted Stock Units, Dividend Units, tax-withholding disposition, Nonqualified Stock Option (right to buy), +1 more
5 terms
Restricted Stock Units financial
"Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock"
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 Units financial
"Dividend equivalent rights accrue with respect to unvested RSUs in the form of additional RSUs ("Dividend Units")"
tax-withholding disposition financial
"Payment of exercise price or tax liability by delivering securities"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
Nonqualified Stock Option (right to buy) financial
"Nonqualified Stock Option (right to buy) ... exercise price 44.8700 ... expiration date 2027-12-18"
Exercise or conversion of derivative security financial
"transaction_code_description: Exercise or conversion of derivative security"
FAQ
What did CRAI CEO Paul A. Maleh report in this Form 4 filing?
Paul A. Maleh reported the exercise of restricted stock units into common stock and related share dispositions. Some shares were surrendered to CRA International and others were withheld to satisfy tax obligations tied to the equity awards.
What are Paul A. Maleh’s CRAI common stock holdings after these transactions?
After the reported transactions on April 11, 2026, Paul A. Maleh directly held 117,252 shares of CRA International common stock, as shown in the post-transaction ownership balances within the Form 4 filing.
What unexercised equity awards does the CRAI CEO still hold?
He continues to hold multiple blocks of restricted stock units tied to CRA International common stock and two nonqualified stock option grants for 16,304 and 15,173 underlying shares at exercise prices of $44.87 and $47.45, expiring in 2027 and 2028.