Form 4: Rapid7 CAO Reports Tax-Related Stock Disposal
Insider Transaction Report
Rapid7's Chief Accounting Officer, Scott M. Murphy, reported a disposal of 344 common shares to cover tax obligations related to RSU vesting.
Summary
- Scott M. Murphy, Chief Accounting Officer of Rapid7, Inc. (RPD), reported a transaction on October 15, 2025.
- The transaction involved the disposal of 344 shares of common stock at a price of $18.37 per share.
- This disposal was made to satisfy tax withholding obligations upon the vesting of restricted stock units (RSUs) granted to Mr. Murphy on March 4, 2024.
- Following this transaction, Mr. Murphy beneficially owns 27,248 shares of Rapid7 common stock directly.
Sentiment
Score: 5
Explanation: The transaction is a routine, administrative disposal of shares to cover tax obligations upon RSU vesting, which is a common occurrence for executives receiving equity compensation. It does not indicate a positive or negative sentiment towards the company's future prospects.
Positives
- The underlying event, the vesting of restricted stock units, represents a form of compensation for the Chief Accounting Officer, indicating continued alignment of management incentives with shareholder interests.
Negatives
- The disposal of shares, while for tax purposes, reduces the direct beneficial ownership of the Chief Accounting Officer by 344 shares.
Future Outlook
This filing does not contain any forward-looking statements or guidance regarding the company's future performance or outlook.
Industry Context
This is a routine insider transaction filing and does not provide information directly related to broader industry trends or competitive landscape.
Stakeholder Impact
- Shareholders: The transaction is a routine administrative event and is unlikely to have a significant direct impact on shareholders. It reflects the standard process of equity compensation for executives.
Key Dates
| Date | Description |
|---|---|
| March 4, 2024 | Date restricted stock units were granted to the Reporting Person. |
| October 15, 2025 | Date of the reported transaction (disposal of shares). |
| October 16, 2025 | Date the Form 4 was signed by the Attorney-in-Fact. |
Keywords
Rapid7, RPD, Form 4, Insider Transaction, Stock Disposal, Chief Accounting Officer, Scott Murphy, RSU Vesting, Tax Withholding, Equity Compensation
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