CRA International (CRAI) EVP and General Counsel awarded 1,396 RSUs

Rhea-AI Filing Summary

Yellin Jonathan D reported acquisition or exercise transactions in this Form 4 filing.

CRA International EVP and General Counsel Jonathan D. Yellin received a grant of 1,396 Restricted Stock Units (RSUs) on April 9, 2026. Each RSU represents a contingent right to one share of common stock and vests in four equal annual installments beginning on April 9, 2027.

Yellin now directly holds various RSU awards that include dividend-equivalent units, as well as nonqualified stock options and 14,702 shares of common stock. This filing reflects compensation-related equity awards rather than open-market share purchases or sales.

Insights

Equity compensation analyst

Routine equity grant of 1,396 RSUs to CRAI’s EVP and General Counsel.

Jonathan D. Yellin, EVP and General Counsel of CRA International, was awarded 1,396 RSUs on April 9, 2026. These are compensation-related awards, not market purchases, and carry an exercise price of $0.00 per unit, consistent with standard RSU structures.

The new RSUs vest in four equal annual installments starting April 9, 2027, encouraging multi-year retention. Footnotes show additional RSU tranches with dividend-equivalent “Dividend Units,” plus stock options at exercise prices of $44.87 and $47.45, giving Yellin ongoing equity exposure.

The filing also reports 14,702 shares of common stock held directly, framing the grant as part of a broader equity position. With no open-market buys or sells disclosed, this appears to be routine executive compensation rather than a trading signal, and does not materially change the overall investment thesis.

Insider Trade Summary

9 transactions reported

Mixed 9 txns

Insider Yellin Jonathan D

Role EVP AND GENERAL COUNSEL

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Units	1,396	$0.00	--
holding	Restricted Stock Units	--	--	--
holding	Restricted Stock Units	--	--	--
holding	Restricted Stock Units	--	--	--
holding	Restricted Stock Units	--	--	--
holding	Restricted Stock Units	--	--	--
holding	Nonqualified Stock Option (right to buy)	--	--	--
holding	Nonqualified Stock Option (right to buy)	--	--	--
holding	Common Stock	--	--	--

Holdings After Transaction: Restricted Stock Units — 1,396 shares (Direct); Nonqualified Stock Option (right to buy) — 2,377 shares (Direct); Common Stock — 14,702 shares (Direct)

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 vest in four equal annual installments beginning on April 9, 2027. The RSUs, which include an aggregate of 22.4489 Dividend Units, vest in two equal annual installments beginning on April 11, 2026. The RSUs, which include an aggregate of 39.4209 Dividend Units, vest in two equal annual installments beginning on April 11, 2026. The RSUs, which include an aggregate of 19.0723 Dividend Units, vest in three equal annual installments beginning on April 29, 2026. The RSUs, which include an aggregate of 23.6478 Dividend Units, vest in two equal annual installments beginning on April 29, 2027. The RSUs, which include an aggregate of 10.3841 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.

Key Figures

RSU grant: 1,396 RSUs Common stock holdings: 14,702 shares Stock option position 1: 2,377 shares at $44.87 +3 more

6 metrics

RSU grant 1,396 RSUs Granted on April 9, 2026 to EVP and General Counsel

Common stock holdings 14,702 shares Directly held common stock after reported transactions

Stock option position 1 2,377 shares at $44.87 Nonqualified stock option, expiration December 18, 2027

Stock option position 2 2,845 shares at $47.45 Nonqualified stock option, expiration December 6, 2028

RSU tranche with Dividend Units 633.4489 underlying shares Includes 22.4489 Dividend Units, vests in two installments from April 11, 2026

RSU tranche with Dividend Units 1112.4209 underlying shares Includes 39.4209 Dividend Units, vests in two installments from April 11, 2026

Key Terms

Restricted Stock Units, Dividend Units, dividend equivalent rights, Nonqualified Stock Option (right to buy), +1 more

5 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 Units financial

"Dividend equivalent rights accrue with respect to unvested RSUs in the form of additional RSUs ("Dividend Units")"

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.

Nonqualified Stock Option (right to buy) financial

"Nonqualified Stock Option (right to buy) ... exercise price 44.8700"

withholding taxes financial

"shares will be delivered ... no later than two and one-half months ... subject to the collection of withholding taxes"

Withholding taxes are amounts a payer or government takes out of payments — such as wages, interest, or dividends — before the recipient gets the money, functioning like a cashier keeping part of a bill to pay taxes on your behalf. For investors this matters because it reduces the cash they actually receive, affects net returns and yield calculations, and may require additional paperwork or treaty claims to recover or offset the withheld amount against final tax bills.

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^*

Yellin Jonathan D

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP AND GENERAL COUNSEL

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/09/2026

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								14,702	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)	04/09/2026		A		1,396		(2)	(2)	Common Stock	1,396	$0	1,396	D
Restricted Stock Units	(1)							(3)	(3)	Common Stock	633.4489		633.4489	D
Restricted Stock Units	(1)							(4)	(4)	Common Stock	1,112.4209		1,112.4209	D
Restricted Stock Units	(1)							(5)	(5)	Common Stock	879.0723		879.0723	D
Restricted Stock Units	(1)							(6)	(6)	Common Stock	1,089.6478		1,089.6478	D
Restricted Stock Units	(1)							(7)	(7)	Common Stock	899.3841		899.3841	D
Nonqualified Stock Option (right to buy)	$44.87							12/18/2017(8)	12/18/2027	Common Stock	2,377		2,377	D
Nonqualified Stock Option (right to buy)	$47.45							12/06/2018(8)	12/06/2028	Common Stock	2,845		2,845	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 vest in four equal annual installments beginning on April 9, 2027.

3. The RSUs, which include an aggregate of 22.4489 Dividend Units, vest in two equal annual installments beginning on April 11, 2026.

4. The RSUs, which include an aggregate of 39.4209 Dividend Units, vest in two equal annual installments beginning on April 11, 2026.

5. The RSUs, which include an aggregate of 19.0723 Dividend Units, vest in three equal annual installments beginning on April 29, 2026.

6. The RSUs, which include an aggregate of 23.6478 Dividend Units, vest in two equal annual installments beginning on April 29, 2027.

7. The RSUs, which include an aggregate of 10.3841 Dividend Units, vest in four equal annual installments beginning on May 20, 2026.

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	04/13/2026
	** 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 did CRAI executive Jonathan Yellin report in this Form 4 for CRAI?

Jonathan D. Yellin, EVP and General Counsel of CRA International (CRAI), reported a grant of 1,396 Restricted Stock Units (RSUs) on April 9, 2026. These RSUs are compensation awards, not open-market purchases or sales of CRAI common stock.

How do the 1,396 RSUs granted to CRAI’s Jonathan Yellin vest?

The 1,396 RSUs granted to Jonathan Yellin vest in four equal annual installments, beginning on April 9, 2027. Each vested RSU can be settled in cash, CRAI common shares, or a combination, subject to applicable withholding taxes described in the filing footnotes.

Did Jonathan Yellin buy or sell CRAI common stock in this Form 4?

No open-market buys or sells of CRAI common stock are reported in this Form 4. The primary reported event is a grant of 1,396 RSUs, along with updated holdings of RSUs, stock options, and 14,702 directly held common shares.

What CRAI equity awards does Jonathan Yellin hold after this Form 4?

After this Form 4, Jonathan Yellin holds multiple RSU awards with underlying CRAI common shares, 14,702 common shares directly, and nonqualified stock options for 2,377 shares at $44.87 and 2,845 shares at $47.45, each with stated expiration dates.

What are Dividend Units mentioned in CRAI executive RSU footnotes?

Dividend Units are additional RSUs that accrue when CRAI pays dividends on its common stock. They are credited as dividend equivalent rights and vest on the same dates and in the same proportions as the underlying RSUs from which they arise.

Are Jonathan Yellin’s CRAI RSUs settled only in stock?

No. The filing states each vested RSU may be settled in cash, CRAI common stock, or a combination, except where otherwise noted. Settlement generally occurs shortly after vesting, within a specified period following the end of the year in which vesting occurs.