SCHEDULE 13G/A: FMR LLC and Abigail P. Johnson Update Beneficial Ownership in Rapid7 Inc.
Beneficial Ownership Report
FMR LLC and Abigail P. Johnson have filed an amended Schedule 13G, reporting a combined beneficial ownership of 1.6% of Rapid7 Inc.'s common stock as of March 31, 2025.
Summary
- FMR LLC and Abigail P. Johnson jointly filed an Amendment No. 2 to Schedule 13G concerning their beneficial ownership of common stock in RAPID7 INC.
- As of March 31, 2025, the aggregate amount beneficially owned by FMR LLC and Abigail P. Johnson is 1,015,157.47 shares.
- This ownership represents 1.6% of the total outstanding common stock of RAPID7 INC.
- FMR LLC holds sole voting power over 998,369.72 shares and sole dispositive power over 1,015,157.47 shares.
- Abigail P. Johnson holds sole dispositive power over 1,015,157.47 shares, with no sole or shared voting power.
- The filing certifies that the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of the issuer.
- Abigail P. Johnson is identified as a Director, Chairman, and Chief Executive Officer of FMR LLC, and a member of the Johnson family, who are predominant owners of FMR LLC's voting common shares.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing disclosing beneficial ownership, providing factual information without inherent positive or negative sentiment regarding the issuer's performance or outlook.
Stakeholder Impact
- Confirms continued institutional investment by FMR LLC in Rapid7 Inc, which may be viewed positively by other shareholders as a sign of confidence.
- Provides transparency to the market regarding significant ownership stakes, benefiting investors and regulatory bodies.
Key Dates
| Date | Description |
|---|---|
| 2023-01-03 | Effective date of Power of Attorney for FMR LLC. |
| 2023-01-26 | Effective date of Power of Attorney for Abigail P. Johnson. |
| 2025-03-31 | Date of event which requires filing of this statement (reporting date for ownership). |
| 2025-05-09 | Signature date of the Schedule 13G Amendment No. 2 and date of Rule 13d-1(k)(1) agreement. |
Keywords
Rapid7 Inc, FMR LLC, Abigail P. Johnson, Schedule 13G, Beneficial Ownership, Common Stock, Institutional Investor, SEC Filing, Investment Management
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