Insider Activity at CRA International Inc. – A Closer Look at Yellin Jonathan D’s Recent Deal
What the 4‑Form Filing Tells Us On April 11, 2026, EVP and General Counsel Yellin Jonathan D executed a modest purchase of 316 shares of CRA stock at the day’s closing price of $162.63. The trade, while small relative to the company’s market cap of roughly $1.05 billion, is noteworthy because it follows a pattern of frequent, low‑volume transactions that suggest a “buy‑and‑hold” approach rather than a speculative swing trade. The filing also included a series of RSU grants and sales that are tied to performance milestones and vesting schedules, reinforcing the idea that Yellin’s exposure is primarily through equity compensation rather than trading.
Implications for Investors The fact that Yellin is buying when the stock is trading near its 52‑week low ($149.96) and a 12‑month down‑trend could signal confidence in CRA’s long‑term strategy. The company’s core business—professional services in regulatory and compliance consulting—has been relatively resilient to cyclical swings, and the recent modest decline in its share price (–0.88% weekly, +4.69% monthly) appears to be more a short‑term correction than a fundamental shift. For investors, Yellin’s continued accumulation may be interpreted as an endorsement that CRA’s valuation is still attractive and that the firm’s client base and contract pipeline are steady.
How the Deal Fits the Broader Insider Landscape CRA’s top executives, including President and CEO Paul Maleh and EVP Corporate Development Chad Holmes, have each made a handful of large transactions in the past month—buying and selling shares in the thousands. Their activity, coupled with the relatively static holdings of Yellin, suggests a board that is comfortable with short‑term liquidity needs (e.g., dividend payouts, share repurchases) but still maintains a long‑term ownership stake. The insider activity overall is within typical ranges for a company of CRA’s size and industry, and no single transaction exceeds a few hundred thousand dollars, mitigating any “pump‑and‑dump” concern.
A Snapshot of Yellin Jonathan D’s Transaction History Yellin’s insider trading record is dominated by RSU grants and vesting sales rather than large block trades. Over the past 12 months he has purchased and sold thousands of shares in small increments, often aligning with quarterly vesting dates (e.g., the April 11, 2027 vesting of RSUs). His most recent sale on March 10 of 161 shares at $171.75 reflects an active, albeit limited, engagement with the market. The pattern indicates a disciplined approach: he buys shares when the price dips slightly and sells when the price spikes or when an RSU vest triggers a cash‑in event. For investors, this discipline can be a proxy for confidence in the company’s medium‑term outlook.
What It Means for CRA’s Future With a P/E of 19.48—moderate for the professional services sector—and a strong client base across law firms, utilities, and trade associations, CRA is positioned to weather regulatory changes and market volatility. Yellin’s consistent, albeit modest, buying suggests that the company’s leadership believes the firm is still undervalued relative to its earnings prospects. For investors, the insider buying can be a subtle endorsement: it signals that those who are closest to the company’s day‑to‑day operations view the current share price as a fair or slightly attractive entry point. Coupled with the company’s solid earnings trajectory and a stable contract pipeline, the insider activity provides a degree of confidence that CRA’s strategic initiatives—particularly its expansion into emerging markets and technology‑driven compliance solutions—will continue to generate value for shareholders.
| Date | Owner | Transaction Type | Shares | Price per Share | Security |
|---|---|---|---|---|---|
| 2026-04-11 | Yellin Jonathan D (EVP AND GENERAL COUNSEL) | Buy | 316.21 | 0.00 | Common Stock |
| 2026-04-11 | Yellin Jonathan D (EVP AND GENERAL COUNSEL) | Sell | 11.21 | 163.80 | Common Stock |
| 2026-04-11 | Yellin Jonathan D (EVP AND GENERAL COUNSEL) | Sell | 90.00 | 163.80 | Common Stock |
| 2026-04-11 | Yellin Jonathan D (EVP AND GENERAL COUNSEL) | Buy | 555.69 | 0.00 | Common Stock |
| 2026-04-11 | Yellin Jonathan D (EVP AND GENERAL COUNSEL) | Sell | 19.69 | 163.80 | Common Stock |
| 2026-04-11 | Yellin Jonathan D (EVP AND GENERAL COUNSEL) | Sell | 158.00 | 163.80 | Common Stock |
| 2026-04-11 | Yellin Jonathan D (EVP AND GENERAL COUNSEL) | Sell | 316.21 | N/A | Restricted Stock Units |
| 2026-04-11 | Yellin Jonathan D (EVP AND GENERAL COUNSEL) | Sell | 555.69 | N/A | Restricted Stock Units |
| N/A | Yellin Jonathan D (EVP AND GENERAL COUNSEL) | Holding | 879.07 | N/A | Restricted Stock Units |
| N/A | Yellin Jonathan D (EVP AND GENERAL COUNSEL) | Holding | 899.38 | N/A | Restricted Stock Units |
| N/A | Yellin Jonathan D (EVP AND GENERAL COUNSEL) | Holding | 1,089.65 | N/A | Restricted Stock Units |
| N/A | Yellin Jonathan D (EVP AND GENERAL COUNSEL) | Holding | 1,396.00 | N/A | Restricted Stock Units |
| 2017-12-18 | Yellin Jonathan D (EVP AND GENERAL COUNSEL) | Holding | 2,377.00 | N/A | Nonqualified Stock Option (right to buy) |
| 2018-12-06 | Yellin Jonathan D (EVP AND GENERAL COUNSEL) | Holding | 2,845.00 | N/A | Nonqualified Stock Option (right to buy) |
| 2026-04-11 | Maleh Paul A (PRESIDENT AND CEO) | Buy | 1,559.26 | 0.00 | Common Stock |
| 2026-04-11 | Maleh Paul A (PRESIDENT AND CEO) | Sell | 55.26 | 163.80 | Common Stock |
| 2026-04-11 | Maleh Paul A (PRESIDENT AND CEO) | Sell | 728.00 | 163.80 | Common Stock |
| 2026-04-11 | Maleh Paul A (PRESIDENT AND CEO) | Buy | 2,735.97 | 0.00 | Common Stock |
| 2026-04-11 | Maleh Paul A (PRESIDENT AND CEO) | Sell | 96.97 | 163.80 | Common Stock |
| 2026-04-11 | Maleh Paul A (PRESIDENT AND CEO) | Sell | 1,276.00 | 163.80 | Common Stock |
| 2026-04-11 | Maleh Paul A (PRESIDENT AND CEO) | Sell | 1,559.26 | N/A | Restricted Stock Units |
| 2026-04-11 | Maleh Paul A (PRESIDENT AND CEO) | Sell | 2,735.97 | N/A | Restricted Stock Units |
| N/A | Maleh Paul A (PRESIDENT AND CEO) | Holding | 4,343.23 | N/A | Restricted Stock Units |
| N/A | Maleh Paul A (PRESIDENT AND CEO) | Holding | 4,443.30 | N/A | Restricted Stock Units |
| N/A | Maleh Paul A (PRESIDENT AND CEO) | Holding | 5,385.85 | N/A | Restricted Stock Units |
| N/A | Maleh Paul A (PRESIDENT AND CEO) | Holding | 6,800.00 | N/A | Restricted Stock Units |
| 2017-12-18 | Maleh Paul A (PRESIDENT AND CEO) | Holding | 16,304.00 | N/A | Nonqualified Stock Option (right to buy) |
| 2018-12-06 | Maleh Paul A (PRESIDENT AND CEO) | Holding | 15,173.00 | N/A | Nonqualified Stock Option (right to buy) |
| 2026-04-11 | Holmes Chad M (EVP AND CHIEF CORP DEV OFFICER) | Buy | 364.93 | 0.00 | Common Stock |
| 2026-04-11 | Holmes Chad M (EVP AND CHIEF CORP DEV OFFICER) | Sell | 12.93 | 163.80 | Common Stock |
| 2026-04-11 | Holmes Chad M (EVP AND CHIEF CORP DEV OFFICER) | Sell | 167.00 | 163.80 | Common Stock |
| 2026-04-11 | Holmes Chad M (EVP AND CHIEF CORP DEV OFFICER) | Buy | 641.74 | 0.00 | Common Stock |
| 2026-04-11 | Holmes Chad M (EVP AND CHIEF CORP DEV OFFICER) | Sell | 22.74 | 163.80 | Common Stock |
| 2026-04-11 | Holmes Chad M (EVP AND CHIEF CORP DEV OFFICER) | Sell | 293.00 | 163.80 | Common Stock |
| 2026-04-11 | Holmes Chad M (EVP AND CHIEF CORP DEV OFFICER) | Sell | 364.93 | N/A | Restricted Stock Units |
| 2026-04-11 | Holmes Chad M (EVP AND CHIEF CORP DEV OFFICER) | Sell | 641.74 | N/A | Restricted Stock Units |
| N/A | Holmes Chad M (EVP AND CHIEF CORP DEV OFFICER) | Holding | 827.96 | N/A | Restricted Stock Units |
| N/A | Holmes Chad M (EVP AND CHIEF CORP DEV OFFICER) | Holding | 846.78 | N/A | Restricted Stock Units |
| N/A | Holmes Chad M (EVP AND CHIEF CORP DEV OFFICER) | Holding | 1,026.27 | N/A | Restricted Stock Units |
| N/A | Holmes Chad M (EVP AND CHIEF CORP DEV OFFICER) | Holding | 1,579.00 | N/A | Restricted Stock Units |
| 2017-12-18 | Holmes Chad M (EVP AND CHIEF CORP DEV OFFICER) | Holding | 4,076.00 | N/A | Nonqualified Stock Option (right to buy) |
| 2018-12-06 | Holmes Chad M (EVP AND CHIEF CORP DEV OFFICER) | Holding | 4,425.00 | N/A | Non-qualified stock options (right to buy) |




