Holmes Chad M 4
4 · CRA INTERNATIONAL, INC. · Filed Mar 24, 2026
Research Summary
AI-generated summary of this filing
CRAI EVP Chad Holmes Receives RSU Awards
What Happened
Chad M. Holmes, EVP and Chief Corporate Development Officer of CRA International, Inc. (CRAI), was granted five restricted stock unit (RSU) awards on March 20, 2026 totaling 16.905 RSUs. Each grant was issued at $0.00 (typical for RSU awards); no cash was paid by the insider. These are derivative awards that represent a contingent right to receive shares (or cash/share mix) upon vesting.
Key Details
- Transaction date reported: 2026-03-20; Form 4 filed: 2026-03-24.
- Grants: five RSU awards of 2.62, 4.601, 2.969, 3.679 and 3.036 RSUs (total 16.905 RSUs). Price per unit reported: $0.00 (derivative grant).
- Post-transaction holdings: not specified in the provided filing summary.
- Vesting and dividend rights: the RSUs include dividend-equivalent units and vest on schedules described in the footnotes (see next section). Vested RSUs may be paid in cash, shares, or a combination, and share delivery (if paid in stock) occurs no later than 2.5 months after the end of the year in which vesting occurs, subject to tax withholding.
- Footnotes of note: F1 explains RSU mechanics and dividend units; F2–F6 specify varying vesting schedules (2–4 year installment schedules beginning April–May 2026/2027).
- Transaction type code on the Form 4: "A" (award/grant/other acquisition). No indication in the provided data that the filing was late.
Context
RSUs are compensation awards (not open-market purchases or sales). They are a common form of executive pay and do not by themselves indicate the insider is buying or selling stock; value is realized only as units vest and are settled. The grants include dividend-equivalent units that vest on the same schedule as the underlying RSUs.
Insider Transaction Report
- Award
Restricted Stock Units
[F1][F2]2026-03-20+2.62→ 730.902 total→ Common Stock (2.62 underlying) - Award
Restricted Stock Units
[F1][F3]2026-03-20+4.601→ 1,283.482 total→ Common Stock (4.601 underlying) - Award
Restricted Stock Units
[F1][F4]2026-03-20+2.969→ 827.964 total→ Common Stock (2.969 underlying) - Award
Restricted Stock Units
[F1][F5]2026-03-20+3.679→ 1,026.273 total→ Common Stock (3.679 underlying) - Award
Restricted Stock Units
[F1][F6]2026-03-20+3.036→ 846.777 total→ Common Stock (3.036 underlying)
- 45,920
Common Stock
- 4,076
Nonqualified Stock Option (right to buy)
[F7]Exercise: $44.87From: 2017-12-18Exp: 2027-12-18→ Common Stock (4,076 underlying) - 4,425
Non-qualified stock options (right to buy)
[F7]Exercise: $47.45From: 2018-12-06Exp: 2028-12-06→ Common Stock (4,425 underlying)
Footnotes (7)
- [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 25.9023 Dividend Units, vest in two equal annual installments beginning on April 11, 2026.
- [F3]The RSUs, which include an aggregate of 45.4824 Dividend Units, vest in two equal annual installments beginning on April 11, 2026.
- [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 22.2730 Dividend Units, vest in two equal annual installments beginning on April 29, 2027.
- [F6]The RSUs, which include an aggregate of 9.7766 Dividend Units, vest in four equal annual installments beginning on May 20, 2026.
- [F7]Date indicated is date of grant. Option vests in four equal annual installments beginning on the first anniversary of the date of grant.