CRA International (CRAI) EVP converts RSUs, withholds shares for taxes and keeps stake
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
CRA International executive Chad M. Holmes reported routine equity compensation activity involving restricted stock units (RSUs) and common stock. On March 10, 2026, he converted RSUs into a total of 1,122.5908 shares of CRA International common stock at an exercise price of $0.00 per share. A portion of the resulting shares, including 208 and 300 shares, was withheld at prices around $171.75 per share to satisfy tax obligations, and small additional amounts (20.7215 and 29.8693 shares) were returned to the issuer. After these transactions, Holmes directly owned 45,920 shares of common stock. He also continued to hold multiple RSU awards and nonqualified stock options covering additional shares of common stock, with option exercise prices of $44.87 and $47.45 and expirations in 2027 and 2028.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,122.591 shares exercised/converted
Mixed
15 txns
Insider
Holmes Chad M
Role
EVP AND CHIEF CORP DEV OFFICER
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 459.722 | $0.00 | -- |
| Exercise | Restricted Stock Units | 662.869 | $0.00 | -- |
| Exercise | Common Stock | 459.722 | $0.00 | -- |
| Disposition | Common Stock | 20.722 | $171.75 | $4K |
| Tax Withholding | Common Stock | 208 | $171.75 | $36K |
| Exercise | Common Stock | 662.869 | $0.00 | -- |
| Disposition | Common Stock | 29.869 | $171.75 | $5K |
| Tax Withholding | Common Stock | 300 | $171.25 | $51K |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Nonqualified Stock Option (right to buy) | -- | -- | -- |
| holding | Non-qualified stock options (right to buy) | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct);
Common Stock — 45,815.722 shares (Direct);
Nonqualified Stock Option (right to buy) — 4,076 shares (Direct);
Non-qualified stock options (right to buy) — 4,425 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 20.7215 Dividend Units, vested on March 10, 2026. The RSUs, which include an aggregate of 29.8693 Dividend Units, vested on March 10, 2026. The RSUs, which include an aggregate of 23.2820 Dividend Units, vest in two equal annual installments beginning on April 11, 2026. The RSUs, which include an aggregate of 40.8810 Dividend Units, vest in two equal annual installments beginning on April 11, 2026. The RSUs, which include an aggregate of 14.9952 Dividend Units, vest in three equal annual installments beginning on April 29, 2026. The RSUs, which include an aggregate of 6.7409 Dividend Units, vest in four equal annual installments beginning on May 20, 2026. The RSUs, which include an aggregate of 18.5936 Dividend Units, vest in two equal annual installments beginning on April 29, 2027. Date indicated is date of grant. Option vests in four equal annual installments beginning on the first anniversary of the date of grant.
FAQ
What did CRAI executive Chad M. Holmes report in this Form 4 filing?
Chad M. Holmes reported RSU vesting and related share movements. He converted restricted stock units into 1,122.5908 CRA International common shares, with some shares used for tax withholding and small amounts returned to the issuer, leaving him with 45,920 directly owned shares afterward.
What happens to the restricted stock units in the CRAI Form 4 filing?
Some RSUs vested and were converted into common shares, while others remain outstanding. Vested RSUs were settled in shares with part used for tax obligations. Additional RSU awards, including associated dividend units, continue to vest in scheduled annual installments beginning in 2026 and 2027.
How were tax obligations handled in Chad M. Holmes’s CRAI equity transactions?
Tax obligations were satisfied through share-withholding transactions. The Form 4 shows F-coded dispositions where 208 and 300 CRA International shares were withheld at prices around $171.75 per share to cover exercise price or tax liabilities arising from the RSU vesting events.