Form 4: Director Michael Berry Transfers Rapid7 Shares to Trust

Rapid7 Director Michael Berry transferred 8,420 shares of common stock to his family trust, maintaining beneficial ownership.

Summary

• Director Michael Berry transferred 8,420 shares of Rapid7, Inc. (RPD) common stock to The Berry Family Trust.
• The transaction occurred on June 9, 2026, for no consideration.
• The reporting person remains the trustee and a beneficiary of the trust, resulting in no change to his total beneficial ownership.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral administrative event with no impact on the company's financial or operational outlook.

Positives

• The transaction is a non-dispositive transfer for estate planning purposes, indicating no change in the director's long-term investment position.

Negatives

• None.

Risks

• None.

Future Outlook

Not applicable as this is a routine insider ownership disclosure.

Industry Context

StockSavvy.ai notes that this filing is a standard administrative disclosure regarding insider holdings and does not reflect operational or strategic shifts within the cybersecurity sector.

Comparison to Industry Standards

• This transaction aligns with standard corporate governance practices where directors manage personal holdings through family trusts for estate planning.

Related Party Transactions

• Transfer of 8,420 shares to The Berry Family Trust, of which the reporting person is a trustee.

Stakeholder Impact

• No material impact on shareholders or company operations.

Next Steps

• None.

Key Dates

Keywords

Rapid7, RPD, Form 4, Insider Trading, Beneficial Ownership, Michael Berry