CRA International (CRAI) EVP receives stock awards and withholds shares

Rhea-AI Filing Summary

CRA International, Inc. executive vice president Chad M. Holmes reported a mix of equity awards and related share withholdings on March 2, 2026. He received 1,022.5936 restricted stock units (RSUs) and grants of 1,004 and 18.5707 shares of common stock, all at a stated price of $0.00 per share as compensation awards.

To cover taxes on vesting, 506 common shares were disposed of at $180.26 per share, and 18.5707 shares were surrendered to the issuer at the same price. Following these transactions, Holmes directly held 45,356 shares of common stock, plus multiple RSU and stock option positions that vest between 2026 and 2027 as described in the footnotes.

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^*

Holmes Chad M

(Last) (First) (Middle)

200 CLARENDON STREET

(Street)

BOSTON MA 02116

(City) (State) (Zip)

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, CHIEF CORP DEV OFFICER

3. Date of Earliest Transaction (Month/Day/Year)
03/02/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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	03/02/2026		A(1)		1,004	A	(1)	45,862	D
Common Stock	03/02/2026		F		506	D	$180.26	45,356	D
Common Stock	03/02/2026		A(1)		18.5707	A	(1)	45,374.5707	D
Common Stock	03/02/2026		D		18.5707	D	$180.26	45,356	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	(2)	03/02/2026		A(3)		1,022.5936		(4)	(4)	Common Stock	1,022.5936	$0	1,022.5936	D
Restricted Stock Units	(2)							(5)	(5)	Common Stock	459.7215		459.7215	D
Restricted Stock Units	(2)							(6)	(6)	Common Stock	662.8693		662.8693	D
Restricted Stock Units	(2)							(7)	(7)	Common Stock	728.282		728.282	D
Restricted Stock Units	(2)							(8)	(8)	Common Stock	1,278.881		1,278.881	D
Restricted Stock Units	(2)							(9)	(9)	Common Stock	824.9952		824.9952	D
Restricted Stock Units	(2)							(10)	(10)	Common Stock	843.7409		843.7409	D
Nonqualified Stock Option (right to buy)	$44.87							12/18/2017(11)	12/18/2027	Common Stock	4,076		4,076	D
Non-qualified stock options (right to buy)	$47.45							12/06/2018(11)	12/06/2028	Common Stock	4,425		4,425	D

Explanation of Responses:

1. Shares issued in settlement of the vesting of performance restricted stock units ("PRSUs") granted on April 29, 2024.

2. 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.

3. Unvested RSUs resulting from the determination of the outcome of performance conditions of PRSUs granted on April 29, 2024.

4. The RSUs, which include an aggregate of 18.5936 Dividend Units, vest in two equal annual installments beginning on April 29, 2027.

5. The RSUs, which include an aggregate of 20.7215 Dividend Units, vest on March 10, 2026.

6. The RSUs, which include an aggregate of 29.8693 Dividend Units, vest on March 10, 2026.

7. The RSUs, which include an aggregate of 23.2820 Dividend Units, vest in two equal annual installments beginning on April 11, 2026.

8. The RSUs, which include which include an aggregate of 40.8810 Dividend Units, vest in two equal annual installments beginning on April 11, 2026.

9. The RSUs, which include an aggregate of 14.9952 Dividend Units, vest in three equal annual installments beginning on April 29, 2026.

10. The RSUs, which include an aggregate of 6.7409 Dividend Units, vest in four equal annual installments beginning on May 20, 2026.

11. 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	03/04/2026
	** Signature of Reporting Person	Date
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FAQ

What did CRAI executive Chad M. Holmes report on this Form 4?

Chad M. Holmes reported equity compensation activity, including RSU and common stock grants plus related tax-withholding transactions. The filing details new awards, share disposals to satisfy taxes, and his updated holdings in CRA International common stock, RSUs, and stock options after these movements.

How many CRAI restricted stock units did Chad Holmes receive?

Holmes received a grant of 1,022.5936 restricted stock units on March 2, 2026. Each RSU represents a contingent right to one share of common stock, with some units including dividend equivalents and vesting in installments through 2027 according to the specific schedules described in the footnotes.

What common stock grants did Chad Holmes report at CRA International (CRAI)?

He reported two common stock awards: 1,004 shares and 18.5707 shares on March 2, 2026. These shares were issued in connection with performance-based and other equity programs, including settlement of performance restricted stock units granted on April 29, 2024, as referenced in the footnotes.

Why were some CRAI shares disposed of in Chad Holmes’s Form 4?

The filing shows 506 shares disposed of under code F and 18.5707 shares under code D at $180.26 per share. These represent share dispositions to satisfy tax withholding or other obligations tied to equity vesting, rather than open-market sales by Holmes.

What are Chad Holmes’s CRAI common stock holdings after these transactions?

After the reported transactions on March 2, 2026, Holmes directly held 45,356 shares of CRA International common stock. He also held several RSU awards and nonqualified stock options with different remaining balances and vesting schedules, as outlined in the tabular holdings and detailed vesting footnotes.

How do the CRAI RSU awards for Chad Holmes vest over time?

The RSU awards, which include various dividend units, vest on different schedules. Some vest on March 10, 2026, others in equal annual installments beginning on April 11, 2026, April 29, 2026, May 20, 2026, or April 29, 2027, as specified in multiple footnotes.