RPD.NASDAQRapid7, INC
Form 4: Rapid7 Director Michael J. Berry Reports Stock Transactions
Sentiment:
SEC Form 4 Filing
Director Michael J. Berry reports acquisition of restricted stock units and disposition of common stock.
Summary
- Michael J. Berry, a director of Rapid7, Inc., filed a Form 4 detailing changes in beneficial ownership.
- On June 13, 2024, Berry acquired 5,174 restricted stock units (RSUs) at a price of $0.
- These RSUs vest fully on the earlier of Rapid7's next annual meeting or the first anniversary of the grant date, contingent upon continued service.
- Berry also disposed of 17,750 shares of common stock on the same date.
- Following these transactions, Berry beneficially owns 17,750 shares of common stock.
Sentiment
Score: 5
Explanation: This is a routine filing; sentiment is neutral.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.
Key Dates
| Date | Description |
|---|---|
| 06/13/2024 | Date of stock acquisition and disposition |
| 06/17/2024 | Date of signature on the Form 4 filing |
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