Form 4: Rapid7 Director Transfers Shares to Family Trust
SEC Form 4 Filing
Michael J. Berry, a director at Rapid7, Inc., transferred 12,576 shares of common stock to The Berry Family Trust on May 15, 2025.
Summary
- On May 15, 2025, Michael J. Berry, a director of Rapid7, Inc., transferred 12,576 shares of RPD common stock to The Berry Family Trust for no consideration.
- Following the transaction, Mr. Berry directly owns 5,174 shares.
- Mr. Berry also indirectly owns 12,576 shares through The Berry Family Trust.
- Mr. Berry is a trustee and beneficiary of the trust, retaining beneficial ownership of the transferred shares.
Sentiment
Score: 5
Explanation: This is a neutral transaction involving a transfer of shares to a family trust, with no indication of positive or negative sentiment towards the company.
Industry Context
This is a routine disclosure related to insider transactions and doesn't necessarily reflect a change in the company's outlook or performance.
Related Party Transactions
- The transfer of shares to The Berry Family Trust constitutes a related party transaction.
Stakeholder Impact
- The transaction has minimal impact on stakeholders as it is a transfer to a family trust and the reporting person retains beneficial ownership.
Key Dates
| Date | Description |
|---|---|
| 05/15/2025 | Date of the share transfer to The Berry Family Trust |
| 05/16/2025 | Date of signature on the Form 4 filing |
Keywords
Rapid7, RPD, Form 4, Beneficial Ownership, Michael J. Berry, The Berry Family Trust, Share Transfer, Director
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