CRA International EVP exercises RSUs, updates holdings
CRA International EVP and Chief Corporate Development Officer Chad M. Holmes exercised restricted stock units and had shares withheld for taxes.
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Form Type
4
Rhea-AI Filing Summary
CRA International EVP and Chief Corporate Development Officer Chad M. Holmes exercised restricted stock units and had shares withheld for taxes. On April 11, 2026, he exercised RSUs covering 1,006.674 shares of common stock, with 460 shares withheld at $163.80 per share for tax obligations and small fractions returned to the issuer. After these transactions, he directly owned 46,431 shares of common stock and continued to hold multiple RSU and stock option awards that may convert into additional shares over time under their vesting schedules.
Insider Trade Summary
1,006.674 shares exercised/converted
Exercise
14 txns
Insider
Holmes Chad M
Role
EVP AND CHIEF CORP DEV OFFICER
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 364.9328 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 641.7412 | $0.00 | $0.00 |
| Exercise | Common Stock | 364.9328 | $0.00 | $0.00 |
| Disposition | Common Stock | 12.9328 | $163.80 | $2K |
| Exercise Price or Tax Liability | Common Stock | 167 | $163.80 | $27K |
| Exercise | Common Stock | 641.7412 | $0.00 | $0.00 |
| Disposition | Common Stock | 22.7412 | $163.80 | $4K |
| Exercise Price or Tax Liability | Common Stock | 293 | $163.80 | $48K |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Nonqualified Stock Option (right to buy) | -- | -- | -- |
| holding | Non-qualified stock options (right to buy) | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 5,287.724 contracts for 4,280.0133 underlying shares (Direct);
Common Stock — 46,431 shares (Direct);
Nonqualified Stock Option (right to buy) — 4,076 contracts (Direct);
Non-qualified stock options (right to buy) — 4,425 contracts (Direct)
Footnotes (8)
- 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 12.9695 Dividend Units, vest on April 11, 2027.
- F3. The RSUs, which include an aggregate of 22.7412 Dividend Units, vest on April 11, 2027.
- F4. The RSUs, which include an aggregate of 17.9637 Dividend Units, vest in three equal annual installments beginning on April 29, 2026.
- F5. The RSUs, which include an aggregate of 9.7766 Dividend Units, vest in four equal annual installments beginning on May 20, 2026.
- F6. The RSUs, which include an aggregate of 22.2730 Dividend Units, vest in two equal annual installments beginning on April 29, 2027.
- F7. The RSUs vest in four equal annual installments beginning on April 9, 2027.
- F8. Date indicated is date of grant. Option vests in four equal annual installments beginning on the first anniversary of the date of grant.
Key Figures
RSU exercise shares: 1,006.674 shares
Tax-withholding shares: 460 shares
Post-transaction common shares: 46,431 shares
+4 more
7 metrics
RSU exercise shares
1,006.674 shares
Common stock acquired via RSU exercises on April 11, 2026
Tax-withholding shares
460 shares
Shares withheld at $163.80 per share to cover tax obligations
Post-transaction common shares
46,431 shares
Direct CRA International common stock holdings after transactions
RSU award 1 underlying
827.9637 shares
Unvested RSUs with dividend units, exercisable for common stock
RSU award 2 underlying
1,579.0000 shares
Unvested RSUs scheduled to vest in installments
Stock options 2017 grant
4,076 shares at $44.87
Nonqualified stock options expiring December 18, 2027
Stock options 2018 grant
4,425 shares at $47.45
Non-qualified stock options expiring December 6, 2028
Key Terms
Restricted Stock Units, Dividend Units, Nonqualified Stock Option, tax-withholding disposition, +1 more
5 terms
Restricted Stock Units financial
"Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock"
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 financial
"Nonqualified Stock Option (right to buy) ... underlying security title Common Stock"
A nonqualified stock option (NQSO) is a company grant that gives an individual the right to buy shares at a set price but does not meet special tax rules for incentive stock options; when exercised the difference between the market price and the exercise price is treated as ordinary income for the recipient and as a tax-deductible expense for the company. It matters to investors because NQSOs affect an employee’s after-tax proceeds, the company’s reported expenses, and potential share dilution—think of it like a cash bonus that converts into stock but is taxed as regular pay when you take it.
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"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did CRAI executive Chad M. Holmes report in this Form 4 filing?
Chad M. Holmes reported exercising restricted stock units into common shares and related share dispositions. The filing shows routine equity compensation activity, including tax withholding and fractional share settlements, rather than open-market buying or selling of CRA International common stock.
What unexercised equity awards does Chad M. Holmes still hold in CRAI?
He continues to hold several RSU awards and stock options linked to CRA International common stock. These include RSUs tied to 827.9637, 846.7766, 1,026.2730 and 1,579 underlying shares, plus options for 4,076 and 4,425 shares at exercise prices of $44.87 and $47.45, respectively.
How do dividend equivalent rights affect Chad M. Holmes’s RSUs in CRAI?
Dividend equivalent rights accrue on unvested RSUs as additional RSUs, called Dividend Units, when CRA International pays dividends. These Dividend Units vest on the same schedule and in the same proportions as the underlying RSUs, increasing potential future share delivery upon vesting.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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