Form 4: Rapid7 CAO Sells Shares Under 10b5-1 Plan

Rapid7's Chief Accounting Officer, Scott M. Murphy, sold 1,370 shares of common stock for a weighted average price of $13.97 per share under a pre-arranged 10b5-1 plan.

Summary

• Scott M. Murphy, Chief Accounting Officer of Rapid7, Inc. (RPD), reported a sale of common stock.
• The transaction involved the disposition of 1,370 shares of common stock.
• The shares were sold on November 24, 2025, at a weighted average price of $13.97 per share.
• The sale was executed pursuant to a Rule 10b5-1 pre-arranged trading plan, which is intended to satisfy affirmative defense conditions.
• Following this transaction, Mr. Murphy beneficially owns 24,482 shares of Rapid7 common stock directly.
• The shares were sold in multiple transactions within a price range of $13.71 to $14.21.

Sentiment

Score: 5

Explanation: The filing reports a routine insider stock transaction under a pre-arranged 10b5-1 plan, which is generally considered neutral. The transaction amount is relatively small for an executive.

Positives

• The sale was conducted under a Rule 10b5-1 plan, indicating a pre-scheduled transaction rather than a reaction to recent company news, which can reduce concerns about opportunistic insider selling.

Negatives

• Insider selling, even under a 10b5-1 plan, can sometimes be perceived as a lack of confidence in the company's future prospects, although the amount here is relatively small for a Chief Accounting Officer.

Stakeholder Impact

• Shareholders may note the insider sale, but given it's under a 10b5-1 plan and a relatively small amount, the impact is likely minimal.

Key Dates

Keywords

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