CRA International (CRAI) CFO Eric Nierenberg exercises RSUs, returns and withholds shares
Rhea-AI Filing Summary
CRA INTERNATIONAL, INC. executive Eric Nierenberg, EVP, CFO and Treasurer, reported several equity transactions on August 4, 2026. He exercised 185.3362 Restricted Stock Units, receiving an equivalent number of common shares. Of these, 2.3362 shares were returned to the issuer in a disposition at $180.85 per share, and 54 shares were delivered or withheld at $180.85 per share for payment of exercise price or tax liability. A remaining award of Restricted Stock Units representing 914.4510 underlying common shares, including Dividend Units, continues to be held directly and vests in scheduled annual installments beginning in 2027.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 129 shares
Net Buy
5 txns
Insider
Nierenberg Eric
Role
EVP, CFO AND TREASURER
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F1, F2 | 185.3362 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 185.3362 | -- | -- |
| Disposition | Common Stock | 2.3362 | $180.85 | $422.50 |
| Exercise Price or Tax Liability | Common Stock | 54 | $180.85 | $10K |
| holding | Restricted Stock Units F1, F3 | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 1,472.4856 shares (Direct);
Common Stock — 129 shares (Direct)
Footnotes (3)
- 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.
- F2. The RSUs, which include an aggregate of 7.0346 Dividend Units, vest in three equal annual installments beginning on August 4, 2027.
- F3. The RSUs, which include an aggregate of 3.4510 Dividend Units, vest in four equal annual installments beginning on April 9, 2027.
Key Figures
RSUs Exercised: 185.3362 units
Disposition to Issuer: 2.3362 shares at $180.85 per share
Shares for Exercise Price or Tax: 54 shares at $180.85 per share
+3 more
6 metrics
RSUs Exercised
185.3362 units
Restricted Stock Units converted to common stock on August 4, 2026
Disposition to Issuer
2.3362 shares at $180.85 per share
Common stock returned to issuer on August 4, 2026
Shares for Exercise Price or Tax
54 shares at $180.85 per share
Common stock delivered or withheld to satisfy exercise price or tax liability
Remaining RSU Underlying Shares
914.4510 shares
Underlying common shares for remaining Restricted Stock Units held directly
Dividend Units in First RSU Grant
7.0346 units
Dividend Units included in RSUs vesting in three annual installments beginning August 4, 2027
Dividend Units in Second RSU Grant
3.4510 units
Dividend Units included in RSUs vesting in four annual installments beginning April 9, 2027
Key Terms
Restricted Stock Units, Dividend equivalent rights, Dividend Units, Disposition to issuer
4 terms
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 equivalent rights financial
"Dividend equivalent rights accrue with respect to unvested RSUs in the form of additional 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.
Dividend Units financial
"additional RSUs ("Dividend Units") when and as dividends are paid"
Disposition to issuer financial
"transaction_action": "issuer disposition""
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What equity transactions did CRAI executive Eric Nierenberg report on this Form 4?
Eric Nierenberg reported exercising 185.3362 Restricted Stock Units into common stock, returning 2.3362 shares to the issuer, and delivering or withholding 54 shares to pay exercise price or tax liability, all on August 4, 2026.
What Restricted Stock Unit holdings does Eric Nierenberg still have at CRAI after these transactions?
A remaining RSU award representing 914.4510 underlying CRAI common shares is reported as directly held, including Dividend Units that vest in annual installments beginning in 2027, per the footnotes.
How do dividend equivalent rights affect Eric Nierenberg’s RSUs at CRAI?
The Form 4 states that dividend equivalent rights accrue as additional RSUs (Dividend Units) when CRAI pays dividends. These Dividend Units vest on the same dates and in the same proportions as the underlying RSUs.