Form 4: Rapid7 CAO Sells Shares in Pre-Planned Transaction

Rapid7's Chief Accounting Officer, Scott M. Murphy, sold 764 shares of common stock for $12.7 per share in a pre-planned transaction.

Summary

• Scott M. Murphy, Chief Accounting Officer of Rapid7, Inc., disposed of 764 shares of common stock.
• The transaction occurred on January 22, 2026, at a price of $12.7 per share.
• This sale was conducted pursuant to a Rule 10b5-1(c) pre-arranged trading plan.
• Following the transaction, Mr. Murphy directly beneficially owns 23,312 shares of Rapid7 common stock.

Sentiment

Score: 5

Explanation: The filing reports a routine, pre-planned insider sale of a relatively small number of shares by the Chief Accounting Officer, which is generally neutral in sentiment. While insider selling can sometimes be viewed negatively, the 10b5-1 plan mitigates concerns about opportunistic trading.

Positives

• The transaction was made pursuant to a Rule 10b5-1(c) plan, indicating a pre-scheduled sale rather than an immediate reaction to new information.

Negatives

• An insider, the Chief Accounting Officer, sold shares of company stock.

Future Outlook

NA

Industry Context

NA

Related Party Transactions

• Scott M. Murphy, Chief Accounting Officer, sold 764 shares of Rapid7 common stock.

Stakeholder Impact

• Shareholders: Minor impact as a routine, pre-planned insider sale of a small number of shares.

Key Dates

Recommendation

This Form 4 reports a routine, pre-planned insider sale by the Chief Accounting Officer. Such transactions are common for personal financial management and do not typically signal a change in the company's fundamental outlook or warrant a change in investment recommendation based solely on this filing. The sale volume is relatively small compared to the officer's remaining holdings, and the 10b5-1 plan indicates it was not an opportunistic trade. Therefore, a 'hold' recommendation is appropriate as this filing provides no new information to alter the investment thesis.

Keywords

Rapid7, RPD, insider trading, Form 4, stock sale, Chief Accounting Officer, Scott M. Murphy, 10b5-1 plan