CRA International (NASDAQ: CRAI) EVP granted new RSU awards and holds options

Rhea-AI Filing Summary

CRA International EVP and General Counsel Jonathan D. Yellin reported several awards of restricted stock units (RSUs) on March 20, 2026. These RSUs, which include dividend-equivalent units, represent rights to receive shares of CRA International common stock, payable in cash, stock, or a mix after they vest.

The footnotes state that the RSU awards (including dividend units) vest in annual installments beginning on April 11, 2026, April 29, 2026, April 29, 2027, and May 20, 2026, depending on the grant. Following these awards, Yellin also holds nonqualified stock options on 2,377 and 2,845 shares at exercise prices of $44.87 and $47.45, expiring in 2027 and 2028, and 14,702 shares of common stock directly.

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

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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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP AND GENERAL COUNSEL

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/20/2026

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								14,702	D

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
Restricted Stock Units	(1)	03/20/2026		A		2.271		(2)	(2)	Common Stock	2.271	$0	633.4489	D
Restricted Stock Units	(1)	03/20/2026		A		3.9882		(3)	(3)	Common Stock	3.9882	$0	1,112.4209	D
Restricted Stock Units	(1)	03/20/2026		A		3.1517		(4)	(4)	Common Stock	3.1517	$0	879.0723	D
Restricted Stock Units	(1)	03/20/2026		A		3.9066		(5)	(5)	Common Stock	3.9066	$0	1,089.6478	D
Restricted Stock Units	(1)	03/20/2026		A		3.2244		(6)	(6)	Common Stock	3.2244	$0	899.3841	D
Nonqualified Stock Option (right to buy)	$44.87							12/18/2017(7)	12/18/2027	Common Stock	2,377		2,377	D
Nonqualified Stock Option (right to buy)	$47.45							12/06/2018(7)	12/06/2028	Common Stock	2,845		2,845	D

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 22.4489 Dividend Units, vest in two equal annual installments beginning on April 11, 2026.

3. The RSUs, which include an aggregate of 39.4209 Dividend Units, vest in two equal annual installments beginning on April 11, 2026.

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 23.6478 Dividend Units, vest in two equal annual installments beginning on April 29, 2027.

6. The RSUs, which include an aggregate of 10.3841 Dividend Units, vest in four equal annual installments beginning on May 20, 2026.

7. 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 attorney	03/24/2026
	** 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.
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* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did CRAI executive Jonathan Yellin report on this Form 4?

Jonathan D. Yellin reported multiple restricted stock unit (RSU) awards on March 20, 2026. These awards, including dividend-equivalent units, are part of his equity compensation and give him rights to receive CRA International common stock once vesting conditions are met.

How do the new RSUs for CRAI’s Jonathan Yellin vest over time?

The reported RSUs for Jonathan Yellin vest in annual installments starting April 11, 2026, April 29, 2026, April 29, 2027, and May 20, 2026. Each grant’s dividend-equivalent units vest on the same schedule and in the same proportions as the underlying RSUs.

What do the CRAI restricted stock units reported by Jonathan Yellin represent?

Each RSU reported by Jonathan Yellin represents a contingent right to receive one share of CRA International common stock. Once vested, RSUs can be settled in cash, shares, or a combination, with delivery occurring shortly after vesting, subject to tax withholding requirements.

What stock option positions does CRAI executive Jonathan Yellin hold after these RSU grants?

After the RSU grants, Jonathan Yellin holds nonqualified stock options over 2,377 CRA International shares at an exercise price of $44.87 expiring in 2027, and 2,845 shares at $47.45 expiring in 2028, in addition to directly held common stock.

How many CRAI common shares does Jonathan Yellin directly own according to this Form 4?

The Form 4 shows direct ownership of 14,702 common shares by Jonathan D. Yellin. This common stock position is separate from his restricted stock units and stock options, which provide additional potential equity exposure once vesting and exercise conditions are satisfied.