Form 4: Rapid7 CEO Wael Mohamed Reports Tax Withholding Transaction

Rapid7 CEO Wael Mohamed disposed of 397 shares of common stock to satisfy tax obligations related to the vesting of restricted stock units.

Summary

• CEO Wael Mohamed executed a transaction on June 9, 2026, involving the disposal of 397 shares of Rapid7 common stock.
• The transaction was a mandatory tax withholding event following the vesting of restricted stock units (RSUs) granted on June 11, 2025.
• The shares were withheld at a price of $7.10 per share.
• Following this transaction, the CEO maintains a direct beneficial ownership of 15,800 shares of Rapid7 common stock.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event, as it is a routine administrative tax withholding transaction with no impact on company operations or strategy.

Positives

• The transaction is a routine administrative event related to tax compliance rather than a discretionary sale of stock.
• The CEO retains a significant equity stake of 15,800 shares, aligning interests with shareholders.

Negatives

• The transaction reflects a reduction in the total number of shares held by the CEO, albeit for tax purposes.

Risks

• The filing does not disclose any new operational or financial risks.

Future Outlook

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

Industry Context

StockSavvy.ai notes that this is a standard regulatory disclosure for executive equity compensation. Such filings are common in the cybersecurity sector and do not indicate a change in corporate strategy or financial performance.

Comparison to Industry Standards

• The transaction follows standard industry practices for handling tax obligations associated with RSU vesting.
• The disclosure complies with SEC Section 16(a) requirements, consistent with reporting standards for public companies like CrowdStrike or Palo Alto Networks.

Stakeholder Impact

• Minimal impact on shareholders as the transaction is a standard tax-related equity adjustment.

Next Steps

• No future actions or milestones were mentioned in this filing.

Key Dates

Keywords

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