CRA International insider sale of 124,045 shares and RSU awards reported
Rhea-AI Filing Summary
Paul A. Maleh, President and CEO and a director of CRA International, Inc. (CRAI), reported a transaction dated 09/12/2025. The Form 4 shows a disposition of 124,045 shares of CRAI common stock. On the same date the reporting person received multiple awards of restricted stock units (RSUs) that convert to shares on specified vesting schedules, with individual underlying share amounts shown (aggregate per award shown as fractional and whole-share amounts). The filing also lists existing nonqualified stock options covering 16,304 and 15,173 shares with exercise prices of $44.87 and $47.45, respectively, and standard multi-year vesting. The Form 4 was filed by power of attorney on 09/16/2025.
Positive
- RSU grants create time‑based alignment between executive compensation and shareholder value through staggered vesting schedules
- Outstanding stock options remain in place (16,304 and 15,173 shares) preserving potential future insider equity participation
Negative
- Disposition of 124,045 shares by the CEO/director is a sizable insider sale reported on 09/12/2025
Insights
TL;DR: Insider sold a large block of shares while receiving time‑vested RSUs, indicating compensation actions rather than a one‑off transfer.
The reported disposition of 124,045 shares is a notable, reportable sale by the CEO and director. Concurrent grants of multiple RSU awards establish continued long‑term equity incentives that vest over 1–4 years, which aligns executive pay with shareholder outcomes. The filing shows existing outstanding options with multiyear vesting, preserving additional future ownership potential. Documentation was executed by a power of attorney, which is routine for timely Form 4 filings.
TL;DR: Material share disposition occurred; offset by RSU grants and outstanding options that maintain executive equity exposure.
The 124,045-share disposition is the most material numeric item and could affect near‑term insider holdings depending on pre‑transaction balances (not provided). Multiple RSU awards list exact underlying share equivalents and staggered vesting dates (March–May 2026 and later annual installments), which will convert to shares or cash up to two and a half months after vesting. Two nonqualified options remain outstanding (total 31,477 shares) with strikes at $44.87 and $47.45 and expiration in 2027–2028.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 4.827 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 6.949 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 7.643 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 13.413 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 10.644 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 10.889 | $0.00 | -- |
| holding | Nonqualified Stock Option (right to buy) | -- | -- | -- |
| holding | Nonqualified Stock Option (right to buy) | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
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 82.8831 Dividend Units, vest on March 10, 2026. The RSUs, which include an aggregate of 119.3415 Dividend Units, vest on March 10, 2026. The RSUs, which include an aggregate of 90.5136 Dividend Units, vest in two equal annual installments beginning on April 11, 2026. The RSUs, which include an aggregate of 158.8772 Dividend Units, vest in two equal annual installments beginning on April 11, 2026. The RSUs, which include an aggregate of 66.3701 Dividend Units, vest in three equal annual installments beginning on April 29, 2026. The RSUs, which include an aggregate of 22.8004 Dividend Units, vest in four equal annual installments beginning on May 20, 2026. Date indicated is date of grant. Option vests in four equal annual installments beginning on the first anniversary of the date of grant.
