Form 4: Rapid7 Director Benjamin Holzman Granted 8,420 Restricted Stock Units

Rapid7, Inc. Director Benjamin Holzman was granted 8,420 shares of common stock in the form of restricted stock units, aligning his interests with shareholder value.

Summary

• Benjamin Holzman, a Director of Rapid7, Inc. (RPD), acquired 8,420 shares of common stock on June 11, 2025.
• The acquisition was in the form of Restricted Stock Units (RSUs), which represent a contingent right to receive one share of common stock per unit.
• The RSUs were granted at a price of $0 per unit, indicating a compensation grant rather than a purchase.
• Following this transaction, Benjamin Holzman beneficially owns a total of 66,105 shares of Rapid7 common stock.
• The RSU grant is subject to vesting conditions: it vests in full on the earlier of the Issuer's next annual meeting of stockholders held after the grant date or the first anniversary of the grant date, contingent on Mr. Holzman's continued service.

Sentiment

Score: 6

Explanation: The sentiment is mildly positive. While a Form 4 primarily reports a transaction, the acquisition of shares (even via grant) by a director can be seen as a positive signal of alignment and confidence in the company's future, though it's a routine compensation event.

Positives

• The grant of Restricted Stock Units to a director aligns management's interests with those of shareholders, as the value of the compensation is tied to the company's stock performance.
• An increase in a director's beneficial ownership can signal confidence in the company's future prospects.

Risks

• The Restricted Stock Units are subject to forfeiture if the reporting person's service with the Issuer terminates before the applicable vesting date.

Future Outlook

The Restricted Stock Units are designed to vest based on future service, aligning the director's compensation with the company's performance over the coming year or until the next annual stockholder meeting.

Industry Context

This Form 4 filing represents a routine insider transaction, specifically an equity grant, which is a common component of executive and director compensation packages across the technology and cybersecurity industries. Such grants are standard practice to incentivize long-term commitment and align leadership interests with shareholder value.

Related Party Transactions

• The grant of Restricted Stock Units to Benjamin Holzman, a Director, constitutes a transaction with a related party, which is a standard component of director compensation.

Stakeholder Impact

• Shareholders: The RSU grant aligns the director's financial interests with shareholder value, potentially encouraging decisions that benefit long-term stock performance.
• Employees: No direct impact on general employees is indicated by this filing.

Next Steps

• The Restricted Stock Units will vest based on the specified conditions (earlier of next annual meeting or first anniversary of grant date), subject to continued service.

Key Dates

Keywords

Rapid7, RPD, SEC Form 4, Insider Transaction, Restricted Stock Units, RSU Grant, Director Compensation, Equity Compensation, Beneficial Ownership