Company: CRAI
Filing Date: 2025-04-25
Form Type: DEF 14A
Source: 0001104659-25-039429
Chunk: 24

Company: CRA INTERNATIONAL, INC.
Filing Date: 2025-04-25
Form: DEF 14A
Chunk 24
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(5) Dividends declared with respect to shares of restricted stock granted to our non-employee directors under our amended and restated 2006 equity incentive plan after July 11, 2018 are not paid until the

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TABLE OF CONTENTS underlying shares of restricted stock become vested. These dividends are, and have been, factored into the grant date fair values reported for the shares of restricted stock on which they are paid. (6) Retired from the board effective July 18, 2024. (7) Appointed to the board effective January 8, 2024. Director stock ownership guidelines The current policy of our board of directors is that our non-employee directors should acquire and obtain shares of our common stock (whether or not vested) with an aggregate value equal to at least 300% of the director’s annual fee ($85,000 in fiscal 2024) for serving on our board of directors. If a non-employee director has not achieved, or is not maintaining this threshold, the director is required to hold 50% of the total shares of our common stock received by him or her upon the vesting of shares of restricted stock, net of any shares sold to cover tax withholding. All of our directors currently meet our stock ownership guidelines. Compensation committee interlocks and insider participation During fiscal 2024, the members who served on our compensation committee were Messrs. Avery and Concannon, Dr. Tookes and Ms. Detrick. None of these members was one of our officers or employees during fiscal 2024, and none of these members is one of our former officers. None of these members had any relationship requiring disclosure under Item 404 of Regulation S-K. None of our executive officers serves (or served during fiscal 2024) on the board of directors or compensation committee of an entity that has one or more executive officers serving (or who served during fiscal 2024) on our board of directors or compensation committee. Compensation discussion and analysis This compensation discussion and analysis provides a detailed description of our executive compensation objectives, practices and programs, as well as the means by which our compensation committee determines executive compensation under those programs. This compensation discussion and analysis focuses on the compensation of our executive officers for fiscal 2024, who were: • our president, chief executive officer and chairman of the board, Paul Maleh; • our executive vice president, chief financial officer and treasurer, Daniel Mahoney, until his resignation effective April 11, 202