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CRA International awards RSUs to EVP Brian Langan

Executive compensation filing for CRAI reports new RSU awards to a senior officer with multi‑year vesting and associated dividend-equivalent units.

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

CRA INTERNATIONAL, INC. (symbol: CRAI) is the issuer of record for a Form 4 filing submitted to the SEC. Langan Brian reported acquisition or exercise transactions in this Form 4 filing.

CRA INTERNATIONAL, INC. (CRAI) reported that Executive Vice President and Chief Strategy and Business Transformation Officer Brian Langan received two grants of Restricted Stock Units (RSUs) on September 14, 2026, tied to the issuer’s common stock. These RSUs, which include associated Dividend Units, vest in equal annual installments beginning in 2027, with settlement in cash, stock, or a combination. A holdings line also reports 129 shares of common stock held directly after the reported transactions. No Rule 10b5-1 trading plan is indicated.

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Insider Langan Brian
Role See Remarks
Type Security Shares Price Value
Grant/Award Restricted Stock Units F1, F2 1.9165 $0.00 $0.00
Grant/Award Restricted Stock Units F1, F3 3.1405 $0.00 $0.00
holding Common Stock -- -- --
Holdings After Transaction: Restricted Stock Units — 1,477.5426 contracts (Direct); Common Stock — 129 shares (Direct)
Footnotes (3)
  1. F1. 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. F2. The RSUs, which include an aggregate of 8.9511 Dividend Units, vest in three equal annual installments beginning on August 4, 2027.
  3. F3. The RSUs, which include an aggregate of 6.5915 Dividend Units, vest in four equal annual installments beginning on April 9, 2027.
RSU grant 1 underlying shares 1.9165 RSUs Restricted Stock Units granted on September 14, 2026, each representing one share of common stock
RSU grant 2 underlying shares 3.1405 RSUs Restricted Stock Units granted on September 14, 2026, each representing one share of common stock
Dividend Units on first RSU grant 8.9511 Dividend Units Aggregate Dividend Units included in RSUs vesting in three equal annual installments beginning August 4, 2027
Dividend Units on second RSU grant 6.5915 Dividend Units Aggregate Dividend Units included in RSUs vesting in four equal annual installments beginning April 9, 2027
Common stock directly held 129 shares Direct holdings of CRAI common stock after reported transactions on September 14, 2026
Vesting schedule 1 3 equal annual installments For RSUs (including 8.9511 Dividend Units) beginning August 4, 2027
Vesting schedule 2 4 equal annual installments For RSUs (including 6.5915 Dividend Units) beginning April 9, 2027
Restricted Stock Units financial
"Each restricted stock unit ("RSU") represents a contingent right to receive"
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
"additional RSUs ("Dividend Units") when and as dividends are paid"
dividend equivalent rights financial
"Dividend equivalent rights accrue with respect to unvested RSUs"
Dividend equivalent rights are promises that mirror the cash payments shareholders get from a company’s profits, but they are paid to holders of certain awards (like stock options or restricted stock units) rather than to actual shares. Think of them as a paycheck top‑up that matches dividends while the award is not yet a real stock, and they matter to investors because they add to employee compensation costs and potential share dilution, affecting company profitability and per‑share value.
withholding taxes financial
"subject to the collection of withholding taxes"
Withholding taxes are amounts a payer or government takes out of payments — such as wages, interest, or dividends — before the recipient gets the money, functioning like a cashier keeping part of a bill to pay taxes on your behalf. For investors this matters because it reduces the cash they actually receive, affects net returns and yield calculations, and may require additional paperwork or treaty claims to recover or offset the withheld amount against final tax bills.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What equity awards did CRAI grant to Brian Langan in this Form 4?

Brian Langan received two Restricted Stock Unit (RSU) awards on September 14, 2026, each representing a contingent right to receive one share of CRA INTERNATIONAL, INC. common stock per RSU, payable in cash, shares, or a combination, subject to vesting and tax withholding.

How do the new CRAI RSUs for Brian Langan vest?

One RSU grant, which includes 8.9511 Dividend Units, vests in three equal annual installments beginning on August 4, 2027. The other grant, which includes 6.5915 Dividend Units, vests in four equal annual installments beginning on April 9, 2027.

What are Dividend Units in the CRAI Form 4 for Brian Langan?

Dividend Units are additional RSUs that accrue on unvested RSUs when CRA INTERNATIONAL, INC. pays dividends on its common stock. These Dividend Units vest on the same dates and in the same relative proportions as the underlying RSUs to which they relate.

How and when are CRAI RSUs settled for Brian Langan?

Vested RSUs are payable in cash, shares of CRAI common stock, or a combination. Any shares deliverable will be issued as soon as possible after vesting, and no later than two and one-half months after the end of the year in which vesting occurs, subject to withholding taxes.

Does the CRAI Form 4 indicate a Rule 10b5-1 trading plan?

No. The filing indicates that no Rule 10b5-1 trading plan applies to the reported transactions, so the awards are not described as made pursuant to a pre-arranged trading plan under that rule.

How many CRAI common shares does Brian Langan hold directly after these transactions?

The Form 4 reports that Brian Langan directly holds 129 shares of CRA INTERNATIONAL, INC. common stock in a holdings entry dated September 14, 2026.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED 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*
Langan Brian

(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
See Remarks
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
09/14/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock129D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units(1)09/14/2026A1.9165 (2) (2)Common Stock1.9165$0559.9511D
Restricted Stock Units(1)09/14/2026A3.1405 (3) (3)Common Stock3.1405$0917.5915D
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 8.9511 Dividend Units, vest in three equal annual installments beginning on August 4, 2027.
3. The RSUs, which include an aggregate of 6.5915 Dividend Units, vest in four equal annual installments beginning on April 9, 2027.
Remarks:
Executive Vice President and Chief Strategy and Business Transformation Officer
Delia J. Makhlouta, by power of attorney09/16/2026
** Signature of Reporting PersonDate
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)

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