CRA International (CRAI) CEO reports RSU awards and holds 111,050 shares

Rhea-AI Filing Summary

CRA International, Inc. director and CEO Paul A. Maleh reported updated equity holdings, including compensation-related awards of restricted stock units (RSUs). On 2026-06-12, he held 111,050 shares of common stock directly.

The filing shows several RSU grants coded as awards, such as 25.7592 RSUs and 20.4023 RSUs, each representing a contingent right to receive one share of common stock, with vesting beginning in 2027 according to the footnotes. Maleh also continues to hold nonqualified stock options covering 15,173 shares at an exercise price of $47.45 and 16,304 shares at $44.87, expiring in 2028 and 2027, respectively.

Insider Trade Summary

9 transactions reported

Mixed 9 txns

Insider Maleh Paul A

Role PRESIDENT AND CEO

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Units	25.759	$0.00	--
Grant/Award	Restricted Stock Units	5.907	$0.00	--
Grant/Award	Restricted Stock Units	10.368	$0.00	--
Grant/Award	Restricted Stock Units	10.97	$0.00	--
Grant/Award	Restricted Stock Units	20.402	$0.00	--
Grant/Award	Restricted Stock Units	12.624	$0.00	--
holding	Nonqualified Stock Option (right to buy)	--	--	--
holding	Nonqualified Stock Option (right to buy)	--	--	--
holding	Common Stock	--	--	--

Holdings After Transaction: Restricted Stock Units — 6,825.759 shares (Direct, null); Nonqualified Stock Option (right to buy) — 16,304 shares (Direct, null); Common Stock — 111,050 shares (Direct, null)

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 25.7592 Dividend Units, vest in four equal annual installments beginning on April 9, 2027. The RSUs, which include an aggregate of 61.1652 Dividend Units, vest on April 11, 2027. The RSUs, which include an aggregate of 107.3801 Dividend Units, vest on April 11, 2027. The RSUs, which include an aggregate of 73.7967 Dividend Units, vest in two equal annual installments beginning on April 29, 2027. The RSUs, which include an aggregate of 137.2476 Dividend Units, vest in two equal annual installments beginning on April 29, 2027. The RSUs, which include an aggregate of 51.1005 Dividend Units, vest in three equal annual installments beginning on May 20, 2027. 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

Common stock held: 111,050 shares Option position 1: 15,173 shares at $47.45 Option position 2: 16,304 shares at $44.87 +3 more

6 metrics

Common stock held 111,050 shares Direct ownership after transactions on June 12, 2026

Option position 1 15,173 shares at $47.45 Nonqualified stock option, expires December 6, 2028

Option position 2 16,304 shares at $44.87 Nonqualified stock option, expires December 18, 2027

RSU grant example 25.7592 RSUs Restricted Stock Units including Dividend Units, vesting from April 9, 2027

RSU grant example 20.4023 RSUs Restricted Stock Units including Dividend Units, vest on April 11, 2027

RSU balance example 6,825.7592 RSUs Total RSUs reported in one line after June 12, 2026 award

Key Terms

Restricted Stock Units, Dividend Units, Nonqualified Stock Option, grant/award acquisition, +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)"

grant/award acquisition financial

"transaction_action: grant/award acquisition"

expiration date financial

"expiration date: options expiring on December 18, 2027 and December 6, 2028"

The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised. It matters to investors because it determines the timeframe during which they can take action or benefit from the contract, similar to how a coupon or a food item has a limited period of usefulness. Once the expiration date passes, the contract loses its value or ability to be used.

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Form 4 Insider Transactions: What Each Field Means →

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

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^*

Maleh Paul A

(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)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	PRESIDENT AND CEO

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/12/2026

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								111,050	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)	06/12/2026		A		25.7592		(2)	(2)	Common Stock	25.7592	$0	6,825.7592	D
Restricted Stock Units	(1)	06/12/2026		A		5.9067		(3)	(3)	Common Stock	5.9067	$0	1,565.1652	D
Restricted Stock Units	(1)	06/12/2026		A		10.3682		(4)	(4)	Common Stock	10.3682	$0	2,747.3801	D
Restricted Stock Units	(1)	06/12/2026		A		10.9697		(5)	(5)	Common Stock	10.9697	$0	2,906.7967	D
Restricted Stock Units	(1)	06/12/2026		A		20.4023		(6)	(6)	Common Stock	20.4023	$0	5,406.2476	D
Restricted Stock Units	(1)	06/12/2026		A		12.624		(7)	(7)	Common Stock	12.624	$0	3,345.1005	D
Nonqualified Stock Option (right to buy)	$44.87							12/18/2017(8)	12/18/2027	Common Stock	16,304		16,304	D
Nonqualified Stock Option (right to buy)	$47.45							12/06/2018(8)	12/06/2028	Common Stock	15,173		15,173	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 25.7592 Dividend Units, vest in four equal annual installments beginning on April 9, 2027.

3. The RSUs, which include an aggregate of 61.1652 Dividend Units, vest on April 11, 2027.

4. The RSUs, which include an aggregate of 107.3801 Dividend Units, vest on April 11, 2027.

5. The RSUs, which include an aggregate of 73.7967 Dividend Units, vest in two equal annual installments beginning on April 29, 2027.

6. The RSUs, which include an aggregate of 137.2476 Dividend Units, vest in two equal annual installments beginning on April 29, 2027.

7. The RSUs, which include an aggregate of 51.1005 Dividend Units, vest in three equal annual installments beginning on May 20, 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 attorney	06/16/2026
	** 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.
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 insider activity did CRAI CEO Paul A. Maleh report on this Form 4?

Paul A. Maleh reported updates to his equity holdings, mainly new restricted stock unit awards. The filing shows multiple RSU grants coded as awards, plus existing option positions and common stock holdings, reflecting routine compensation rather than open-market buying or selling.

How many CRAI common shares does Paul A. Maleh hold after these transactions?

After these transactions, Paul A. Maleh directly holds 111,050 shares of CRA International common stock. This figure reflects his reported direct ownership position following the equity award activity disclosed for the June 12, 2026 transaction date.

What restricted stock unit (RSU) awards did the CRAI CEO receive in this filing?

The CRAI CEO received several RSU awards, including grants of 25.7592, 20.4023, 12.6240, and 10.9697 units. Each RSU represents a contingent right to one common share, with vesting beginning in 2027 on specified annual schedules.

How do CRAI restricted stock units for Paul A. Maleh vest and pay out?

Each RSU represents a right to one CRAI common share and vests over time. Footnotes state vested RSUs are payable in cash, shares, or a combination, generally delivered shortly after vesting year-end, with dividend equivalent rights accruing as additional RSUs that vest on the same schedule.

What stock option positions for CRAI common stock does Paul A. Maleh report?

Maleh reports nonqualified stock options on CRAI common shares, including options over 15,173 shares at an exercise price of $47.45 expiring in 2028, and options over 16,304 shares at $44.87 expiring in 2027, all held directly.

Were there any CRAI insider stock sales or open-market purchases in this Form 4?

The Form 4 shows no open-market purchases or sales by the CRAI CEO. Reported transactions are RSU awards and holdings updates, with the transaction summary indicating zero buy and sell transactions and a neutral net buy/sell share position.