Form 4: Rapid7 Director Benjamin Holzman Receives RSU Grant

Director Benjamin Holzman was granted 15,208 restricted stock units in Rapid7, Inc. as part of his compensation.

Summary

• Benjamin Holzman, a Director at Rapid7, Inc., was awarded 15,208 restricted stock units (RSUs).
• Each RSU represents a contingent right to receive one share of common stock.
• The grant vests in full on the earlier of the next annual meeting of stockholders or the first anniversary of the grant date, June 9, 2026.
• Following this transaction, the reporting person's total beneficial ownership is 81,313 shares.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a routine administrative filing regarding director compensation with no material impact on company operations or financial outlook.

Positives

• The grant aligns the director's interests with those of shareholders through equity-based compensation.

Negatives

• None identified; this is a standard equity compensation disclosure.

Risks

• Vesting is subject to the director's continued service with the company.

Future Outlook

The RSUs are scheduled to vest on the earlier of the next annual meeting of stockholders or June 9, 2027.

Industry Context

StockSavvy.ai notes that equity grants to non-employee directors are a standard corporate governance practice in the technology sector to ensure board alignment with long-term shareholder value.

Comparison to Industry Standards

• The use of RSUs for director compensation is consistent with standard practices for mid-to-large cap technology companies.
• The one-year vesting schedule is typical for annual director equity awards.

Corporate Governance

Stakeholder Impact

• Minimal impact on shareholders; reflects standard director compensation.

Next Steps

• Vesting of the 15,208 RSUs upon the next annual meeting or June 9, 2027.

Key Dates

Keywords

Rapid7, RPD, Form 4, Director Compensation, Restricted Stock Units, Insider Transaction