Form 4: Rapid7 CAO Reports Tax Withholding Transaction

Chief Accounting Officer Scott M. Murphy disposed of 344 shares of Rapid7 common stock to satisfy tax obligations related to RSU vesting.

Summary

• Scott M. Murphy, Chief Accounting Officer of Rapid7, Inc., reported the disposition of 344 shares of common stock.
• The transaction occurred on April 15, 2026, at a price of $5.76 per share.
• The shares were withheld by the company to satisfy tax withholding obligations resulting from the vesting of restricted stock units (RSUs) granted on March 4, 2024.
• Following this transaction, the reporting person maintains direct beneficial ownership of 21,028 shares.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event, as it is a routine administrative transaction required by tax law rather than a signal of management sentiment.

Positives

• The transaction is a routine administrative action related to tax obligations rather than a discretionary sale of stock.

Negatives

• The transaction represents a reduction in the reporting person's direct equity stake in the company.

Risks

• None identified; this is a standard regulatory filing for tax withholding.

Future Outlook

No forward-looking guidance or strategic outlook provided in this filing.

Industry Context

StockSavvy.ai notes that this filing is a standard compliance disclosure common in the technology sector, where equity-based compensation is a primary component of executive remuneration packages.

Comparison to Industry Standards

• The transaction follows standard industry practice for handling tax obligations upon the vesting of equity awards.

Stakeholder Impact

• Minimal impact on shareholders as the transaction is a standard tax-related share withholding.

Next Steps

• None

Key Dates

Keywords

Rapid7, RPD, Form 4, Insider Trading, Tax Withholding, Equity Compensation