Form 4: Rapid7 CAO Sells Shares for Tax Obligations

Rapid7's Chief Accounting Officer, Scott M. Murphy, disposed of 406 common shares to cover tax liabilities from RSU vesting.

Summary

• Scott M. Murphy, Chief Accounting Officer of Rapid7, Inc. (RPD), reported a transaction on January 15, 2026.
• The transaction involved the disposition of 406 shares of common stock.
• These shares were withheld by Rapid7 to satisfy tax withholding obligations upon the vesting of restricted stock units (RSUs).
• The RSUs were originally granted to Mr. Murphy on March 4, 2024.
• The deemed price for the disposed shares was $13.3 per share.
• Following this transaction, Scott M. Murphy beneficially owns 24,076 shares of Rapid7 common stock directly.

Sentiment

Score: 5

Explanation: The filing reports a routine, non-discretionary insider transaction for tax withholding purposes, which is neutral in sentiment. It does not indicate positive or negative operational or financial performance.

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 related to compensation and tax obligations, common across all industries for executives receiving equity-based compensation. It does not reflect broader industry trends or competitive positioning.

Stakeholder Impact

• Shareholders: Minimal impact as this is a routine, non-discretionary transaction for tax purposes and does not signal a change in management's confidence or company fundamentals.
• Employees: No direct impact on employees beyond the reporting person.

Key Dates

Keywords

Rapid7, RPD, Scott M. Murphy, Chief Accounting Officer, Form 4, insider transaction, stock sale, tax withholding, RSU vesting