STOCK TITAN

[Form 4] CRA INTERNATIONAL, INC. Insider Trading Activity

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

Rhea-AI Filing Summary

CRA International EVP and General Counsel Jonathan D. Yellin exercised restricted stock units into 871.8962 shares of common stock on April 11, 2026. These awards had a zero exercise price and stem from equity compensation.

To cover obligations, Yellin had 248 shares of common stock withheld at $163.80 per share for taxes and disposed of additional small amounts back to the issuer. After these routine compensation-related transactions, he directly holds 15,295 shares of CRA International common stock, along with several remaining RSU and stock option positions.

Positive

  • None.

Negative

  • None.
Insider Yellin Jonathan D
Role EVP AND GENERAL COUNSEL
Type Security Shares Price Value
Exercise Restricted Stock Units 316.206 $0.00 --
Exercise Restricted Stock Units 555.69 $0.00 --
Exercise Common Stock 316.206 $0.00 --
Disposition Common Stock 11.206 $163.80 $2K
Tax Withholding Common Stock 90 $163.80 $15K
Exercise Common Stock 555.69 $0.00 --
Disposition Common Stock 19.69 $163.80 $3K
Tax Withholding Common Stock 158 $163.80 $26K
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 — 317.243 shares (Direct); Common Stock — 15,018.206 shares (Direct); Nonqualified Stock Option (right to buy) — 2,377 shares (Direct)
Footnotes (1)
  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 11.2429 Dividend Units, vest on April 11, 2027. The RSUs, which include an aggregate of 19.7307 Dividend Units, vest on April 11, 2027. The RSUs, which include an aggregate of 19.0723 Dividend Units, vest in three equal annual installments beginning on April 29, 2026. The RSUs, which include an aggregate of 10.3841 Dividend Units, vest in four equal annual installments beginning on May 20, 2026. The RSUs, which include an aggregate of 23.6478 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.
RSU exercise shares 871.8962 shares Restricted stock units exercised into common stock on April 11, 2026
Tax withholding shares 248 shares at $163.80 Shares withheld to satisfy tax obligations on April 11, 2026
Common shares after transactions 15,295 shares Direct CRA International common stock holdings after Form 4 transactions
Remaining RSU tranche 1,396.0000 underlying shares Restricted stock units outstanding tied to common stock
Stock options 2027 expiry 2,377 shares at $44.87 Nonqualified stock option, expiration December 18, 2027
Stock options 2028 expiry 2,845 shares at $47.45 Nonqualified stock option, expiration December 6, 2028
Restricted Stock Units financial
"Each restricted stock unit ("RSU") represents a contingent right to receive one share"
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")"
Nonqualified Stock Option (right to buy) financial
"Nonqualified Stock Option (right to buy) ... exercise price $44.8700"
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.
disposition to issuer financial
"Disposition to issuer"
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*
Yellin Jonathan D

(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)
EVP AND GENERAL COUNSEL
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/11/2026
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 Stock04/11/2026M316.206A(1)15,018.206D
Common Stock04/11/2026D11.206D$163.815,007D
Common Stock04/11/2026F90D$163.814,917D
Common Stock04/11/2026M555.6902A(1)15,472.6902D
Common Stock04/11/2026D19.6902D$163.815,453D
Common Stock04/11/2026F158D$163.815,295D
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)04/11/2026M316.206 (2) (2)Common Stock633.4489$0317.2429D
Restricted Stock Units(1)04/11/2026M555.6902 (3) (3)Common Stock1,112.4209$0556.7307D
Restricted Stock Units(1) (4) (4)Common Stock879.0723879.0723D
Restricted Stock Units(1) (5) (5)Common Stock899.3841899.3841D
Restricted Stock Units(1) (6) (6)Common Stock1,089.64781,089.6478D
Restricted Stock Units(1) (7) (7)Common Stock1,3961,396D
Nonqualified Stock Option (right to buy)$44.8712/18/2017(8)12/18/2027Common Stock2,3772,377D
Nonqualified Stock Option (right to buy)$47.4512/06/2018(8)12/06/2028Common Stock2,8452,845D
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 11.2429 Dividend Units, vest on April 11, 2027.
3. The RSUs, which include an aggregate of 19.7307 Dividend Units, vest on April 11, 2027.
4. The RSUs, which include an aggregate of 19.0723 Dividend Units, vest in three equal annual installments beginning on April 29, 2026.
5. The RSUs, which include an aggregate of 10.3841 Dividend Units, vest in four equal annual installments beginning on May 20, 2026.
6. The RSUs, which include an aggregate of 23.6478 Dividend Units, vest in two equal annual installments beginning on April 29, 2027.
7. The RSUs vest in four equal annual installments beginning on April 9, 2027.
8. 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 attorney04/14/2026
** 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)

FAQ

What did CRAI executive Jonathan Yellin do in this Form 4 filing?

Jonathan D. Yellin exercised restricted stock units into common stock and settled related obligations in shares. The transactions reflect routine equity compensation activity rather than open-market buying or selling, and they modestly adjust his direct ownership in CRA International common stock.

How many CRAI shares did Jonathan Yellin acquire through RSU exercises?

Yellin exercised restricted stock units representing 871.8962 shares of CRA International common stock. These RSUs carried a stated exercise price of $0.00 per share, indicating they are equity awards granted as part of his compensation rather than shares purchased in the open market.

How many CRAI shares were withheld or disposed of in this filing?

The filing shows 248 shares of CRA International common stock withheld at $163.80 per share for tax obligations, plus small additional dispositions back to the issuer. These tax-withholding and issuer disposition entries are mechanical and do not reflect discretionary open-market sales.

What is Jonathan Yellin’s CRAI shareholding after these transactions?

Following the reported transactions, Yellin directly holds 15,295 shares of CRA International common stock. This figure reflects his position after exercising restricted stock units and settling associated tax and issuer-related share dispositions recorded in the Form 4 filing.

What CRAI equity awards does Jonathan Yellin still hold after the Form 4?

Yellin continues to hold multiple equity awards, including restricted stock units tied to 879.0723, 899.3841, 1089.6478, and 1396.0000 underlying shares, plus stock options on 2,377 and 2,845 shares at exercise prices of $44.87 and $47.45, respectively.

Were Jonathan Yellin’s CRAI transactions open-market purchases or sales?

No open-market trades are reported. The Form 4 shows exercises of equity awards, tax-withholding dispositions at $163.80 per share, and small dispositions to the issuer. These are compensation and administrative events rather than discretionary market purchases or sales of CRA International stock.